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Ringwood Real Estate Sales Data - July '08

By
Real Estate Agent with Berkshire Hathaway HomeServices Abbott Realtors

 I have an outstanding listing in RINGWOOD, New Jersey. ( See www.15CrescentDrive.com ) This outstanding lake and mountain community is just under an hour away form NEW YORK CITY and it borders Bergen County at the town of Oakland.

You would never know that such a beautiful and rural community exists. Plenty of open spaces, larges lot sizes, good schools and so many lakes and recreation --- no one will want to stay inside on their game cubes....when you can swim, boat, kayak, water ski, ride horses, et all.

Let's take a look at the recent sales data as garnered from the NJMLS. The stats are for the last two months. Homes are priced well and are getting pretty close to their asking price within 3.32% of their final list price ( as compared to other towns ). Pricing is always the KEY TO SALES.

Status   # Average Minimum Maximum Avg DOM
Active : 92 $491,449 $150,000 $1,495,000 101  
Under Contract : 13 $428,840 $260,000 $839,850 74  
Off Market : 11 $442,973 $269,000 $995,000 197  
Sold : 28 $390,068 $215,000 $735,000 68  
Total Listings : 144   Sold properties closed averaging (96.68%) of their final list price (FLP). This reflects a (3.32%) difference between property sale prices and their *FLP's.

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Thinking of buying or selling your home in RINGWOOD, New Jersey?

Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008,   http://www.pamelastetson.com/

All information  is deemed reliable but not guaranteed.