Westwood New Jersey Homes Sold Report December 2012
Westwood New Jersey (pictured above)
Westwood New Jersey Homes Sold Report December 2012
Westwood New Jersey saw Three homes closing in the popular town as the Holiday real estate market and 2012' comes to a close. The list to sale price differential hovered around the 87% mark. This indicates that homes are both being priced high and selling within 13% of their asking price. The popularity of this town is still strong although the overall market prices are down 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.
Westwood New Jersey Homes Sold Report December 2012
The price differential for December was around 87% which was low and the average days on the market was 98 for the month of December. The Pascack Valley area market continues to hold it's own in these challenging times but homes are remaining on the market for a bit longer.
With interest rates the lowest they have ever been hovering at 4% and below, we think Buyers can take advantage of some really exceptional 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 popular town a real slice of Old Time Americana!
Westwood New Jersey Homes Sold Report December 2012
Total Homes Sold..........................3
Average List Price...............$464,633
Average Sold Price............ $405,833
Median Sold Price..............$320,000
Sale/List Price....................... 87.345 (12-13% differential)
Average Days On The Market ................................................98
There are currently 37 Actively Listed homes in the town of Westwood with an average List Price of $456.459. When comparing the average sold price of $405,833 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.
Click here to view ALL Westwood New Jersey Homes For Sale
View some scenes of the picturesque Pascack Valley town of Westwood, 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 Homes Sold Report December 2012
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