Westwood New Jersey Real Estate Home Sales | January 2012' Single Family Sold Report
Westwood New Jersey (pictured above)
Westwood New Jersey saw One home closing in the popular town as the 2012 New Year real estate market begins. The list to sale price differential hovered around the 90% mark. This indicates that homes are both being priced to sell and selling within 10% of their asking price. The popularity of this town is still strong although the overall market prices are down. Keeping in mind the number of homes to close this month verses last month was down and the average Sold price was down substantially from last month as well with the average sale price being $289,000 for the Hub of the Pascack Valley town of Westwood New Jersey.
Westwood NJ is amongst the 8 Pascack Valley towns of Bergen County New Jersey and it's thriving downtown business district has prompted it to be known as the "Hub" of the Pascack Valley. This small community minded town is constantly changing to keep up with the times while maintaining that very desirable small town feel. 
The price differential for January was around 10% which was about the same as the previous month. The average days on the market was 70 for the month of January indicating that the Pascack Valley area market continues to hold it's own in these challenging times. Homes are remaining on the market for less time this month.
With interest rates the lowest they have ever been hovering at 4% and below, we think Buyers can take advantage of some really wonderful opportunities to own their piece of
Small Town America in this special town known as the Hub of the Pascack Valley!
Residents can take advantage of the many amenities offered by this Pascack Valley town such as the December holiday events like The Hometown Holiday beginning at the Five Corners and continuing to the Gazebo in the Park. The bustling downtown avenue and Gazebo in the Park offers residents community events throughout the year making this sought after town a real slice of Old Time Americana!
Westwood New Jersey Real Estate Home Sales | January 2012' Single Family Sold Report
Total Homes Sold..........................1
Average List Price...............$319,900
Average Sold Price............ $289,000
Median Sold Price..............$289,000
Sale/List Price....................... 90.341 (9-10% differential)
Average Days On The Market ................................................70
There are currently 51 Actively Listed homes in the town of Westwood with an average List Price of $439.679. When comparing the average sold price of $289,000 to this month's average list price, we must assume that the market is sliding despite the low number of sales. But one must keep in mind that the Average Sold price is for smaller modest homes in the lower price ranges on up to the larger homes in the million dollar plus price range. There are ultimately some fantastic opportunities in this popular town for every budget.
Westwood New Jersey 2011' Home Sales Roundup
Total Homes Sold ........................................... 57
Average Sold Price .......................... $373,404
Interested in last month's Sales? Click here to see Westwood NJ Home Sales Report.
Click here to view ALL Westwood New Jersey Homes For Sale
View some scenes of the picturesque Pascack Valley towns of Bergen County NJ below.
Westwood New Jersey is known for it's old world charm and Victorian Colonials. But one can also find new modern style homes of all price ranges.
Westwood New Jersey Real Estate Home Sales | January 2012' Single Family Sold Report
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