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Tenafly Homes Real Estate Review - October 2012 Market Report

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

Tenafly Homes Real Estate Review - October 2012 Market Report

Here are the important stats in the single-family category.

  • 14 Tenafly Homes SOLD (up from 6 in September)
  • Median Sold Price = $690,000
  • 9 Under Contract
  • 6 New Listings
  • 78 Currently Active Listings (down 10% from 86 in September)
  • Average Listing Price = $1,465,341

 

Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 14  $ 14,043,000  $ 1,086,375  $ 1,003,071  $ 690,000   92.332 116
Co-Broker 11  $ 11,945,000  $ 1,175,477  $ 1,085,909  $ 800,000   92.380 114
List/Sold 3  $ 2,098,000  $ 759,667  $ 699,333  $ 430,000   92.058 124
New 6  $ 6,600,900  $ 1,100,150        
Under Contract 9  $ 12,345,900  $ 1,371,767       63
Withdrawn 3  $ 2,048,700  $ 682,900       186
Expired 6  $ 8,540,770  $ 1,423,462       290
Back on Market 2  $ 3,694,000  $ 1,847,000       327
Extended 7  $ 12,091,900  $ 1,727,414       267
Current Active 78  $ 114,296,599  $ 1,465,341        

Data deemed reliable but not guaranteed. 11/16/2012. New Jersey MLS, Inc.

 

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 Tenafly Homes Real Estate Review - October 2012 Market Report

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