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Fort Lee Condos Real Estate Review - October 2012 Market Report

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

Fort Lee Condos Real Estate Review - October 2012 Market Report

Here are the important stats in the Fort Lee condos, co-ops & townhouses category.

  • 29 Fort Lee Condos SOLD
  • Median Sold Price = $210,000
  • 25 Under Contract
  • 71 New Listings
  • 395 Currently Active Listings
  • Average Listing Price = $332,722
Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 29  $ 7,333,900  $ 286,497  $ 252,893  $ 210,000   88.271 130
Co-Broker 20  $ 4,485,900  $ 252,470  $ 224,295  $ 182,500   88.840 126
List/Sold 9  $ 2,848,000  $ 362,111  $ 316,444  $ 260,000   87.389 140
New 71  $ 22,551,385  $ 317,625        
Under Contract 25  $ 7,119,701  $ 284,788       155
Withdrawn 19  $ 6,996,800  $ 368,253       156
Expired 40  $ 12,252,799  $ 306,320       290
Back on Market 4  $ 799,900  $ 199,975       118
Extended 25  $ 5,267,299  $ 210,692       238
Current Active 395  $ 131,425,290  $ 332,722        

Data deemed reliable but not guaranteed. 11/11/2012. New Jersey MLS, Inc.

 

 It's been a tough couple of weeks with hurricane Sandy causing so much damage & continued power outages in New Jersey. Much of Bergen County is back up & running, with a few areas that could still use help in many ways. We hope & pray they'll be on their way to full recovery very soon. As the saying goes, stay "Jersey Strong"!


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 Fort Lee Condos Real Estate Review - October 2012 Market Report

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