Here is your 2007 Ridgewood Real Estate Market Recap
There were 337 Listings Sold!
An average list price of $864,636
An average sold price of $821,230
Sale price as a percentage of list price was 94.98%
So overall in 2007 sellers were only coming down about 5% from their asking price.
The average home selling price was within a few thousand dollars of 2005.
2007 proved to be a year where people were still buying and selling.
Let us compare these numbers to previous years...
In 2006
There were 315 Listings Sold!
An average list price of $927,965
An average sold price of $871,627
Sale price as a percentage of list price was 93.92%
In 2005
There were 368 Listings Sold!
An average list price of $831,970
An average sold price of $818,518
Sale price as a percentage of list price was 98.38%
Ridgewood Real Estate Market Recap presented by
Sal and Dawn Poliandro - Ridgewood Realtors
RE/MAX Properties 81 North Maple Avenue Ridgewood, NJ 07450
201-259-2187
More information that you must have before buying or selling Ridgewood Real Estate can be found
at www.SalAndDawn.com
Get Educated. Get Empowered.
For more information on this or any other topic, call Sal Poliandro, Broker Associate, Realtor, Marketing Advisor,
Short Sale Specialist and CDPE, Certified Distressed Property Expert
ePRO, SRES at 201-259-2187, visit our websites: www.SalAndDawn.com or shortsaleguy.org
Follow me on Twitter: @salanddawn
Sal can be reached by snail mail at RE/MAX Properties 73 East Allendale Road Saddle River, NJ 07458
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Your friend in Charlottesville