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Ridgewood Real Estate Market Recap 2007

By
Real Estate Agent with RE/MAX Properties

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 Graph

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 

Posted by

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 201-957-7650, visit our website: www.BCHomeTeam.com 

Follow me on Twitter: @bchometeam

Sal can be reached by snail mail at RE/MAX Properties 82 East Allendale Road  Suite 4B Saddle River, NJ 07458

Charlottesville Solutions
Charlottesville Solutions - Charlottesville, VA
That graph tells a story and in fact it looks like the roof of a house!!! I hope you have a wonderful New Years!!!

Your friend in Charlottesville

Dec 31, 2007 12:07 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Sal, Sounds like your area is doing just fine.  I wish you and your family a wonderful and blessed New Year.
Dec 31, 2007 02:51 AM
Jeffrey Helton
Real Living Gateway Realtors - Ridgewood, NJ
Real Living Gateway Realtors
Nice recap Sal and Dawn.  It proves that the market here in Ridgewood is doing just fine.  If it is priced right it will sell.  Great job!
Dec 31, 2007 02:09 PM