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EDGEWATER NJ CONDO REVIEW - January & February 2012

By
Real Estate Broker/Owner with Power Realty Group, LLC Bergen County, NJ

Edgewater NJ Condo Review - January & February 2012

Here are the important stats so far in 2012 in the condo & townhouse category.

  • 15 Edgewater Condos SOLD
  • Median Sold Price = $450,000
  • 25 Under Contract
  • 73 New Listings
  • 140 Currently Active Listings
  • Average Listing Price = $627,476


Edgewater Condos


I noticed a something interesting while compiling this market review. The inventory level of Edgewater Condos For Sale was down by 23%. (mid-February vs. the same time last year) Stay tuned to my Edgewater NJ Condo Reviews to see if this trend continues & we'll analyze any implications it may have.

 

Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 15  $ 7,962,500  $ 579,527  $ 530,833  $ 450,000   91.598 74
Co-Broker 11  $ 5,248,000  $ 526,355  $ 477,091  $ 450,000   90.641 82
List/Sold 4  $ 2,714,500  $ 725,750  $ 678,625  $ 499,750   93.507 53
New 73  $ 43,708,776  $ 598,750        
Under Contract 25  $ 12,737,488  $ 509,500       134
Withdrawn 26  $ 16,800,586  $ 646,176       192
Expired 30  $ 15,952,900  $ 531,763       241
Back on Market 1  $ 387,900  $ 387,900       96
Extended 14  $ 8,936,500  $ 638,321       218
Current Active 140  $ 87,846,700  $ 627,476        

                              Information deemed reliable but not guaranteed. 3/3/2012. New Jersey MLS, Inc.


Take a look back at Edgewater NJ Condo Review - 2011 In A Nutshell

 

If you or someone you know is thinking about selling a condo in Edgewater NJ, don't miss JERSEY CONDO SCENE , the maximum exposure marketing system.


Brian Morgenweck REALTOR & Broker/Owner of Power Realty Group 

         I'm Brian Morgenweck,

Broker/Owner of Power Realty Group.

 

        I'm here to help you reach

           your real estate goals.

 

         Call me today!

        (201)489-3020

 

 

Edgewater NJ Condo Review - January & February 2012


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