dave miller: Spring 2013 Market Update - Bergen County, NJ
- 04/07/13 11:34 AM
p> Hi this is Dave Miller from Remax Integrity in Dumont NJ. Its Thursday March 28,2013. Just want to give you a brief market update. For about the past six months the inventory has been dropping. The number of home for sale has gone down about half. Lets say for example there are 80 homes for sale in a particular town there would be 40 homes for sale. So its not like there is no houses, but there are definitely less houses and usually that leads to prices improving… but in this care nothing had really happened in the past six (0 comments)
New Milford, NJ home prices drifted slightly down in 2012 with the average home price $329,874. The good news is looks like we've 'hit bottom' as the number of sales (100 total) has increased a robust 31% over 2011. This increase in buyers coupled with fewer homes for sale is a combination that will lead to prices going modestly in the right direction - up!
For more short videos on Selling & Real Estate information go to: www.DaveMillerRealEstate.com If you're thinking of selling, have questions or just want to find out what your house is worth, give me a (3 comments)
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RE/MAX Real Estate Dumont,NJ - Bergen County, New...