MAHWAH Real Estate is MOVING!

By
Real Estate Agent with Berkshire Hathaway HomeServices Abbott Realtors

Things are moving .... in Mahwah, New Jersey. I have researched several towns in the Bergen County area this morning on the NJMLS. In the period ending today over 40 homes have gone under contract or have sold in the last 3 months. The average price of a home under contract or SOLD during this period is  $785,338.

Now is the time to sell because the spring/summer market is here and interest rates are at an all time LOW. Buyers have their choices and sellers are negotiating. Perhaps in contrast to other areas of the country...Mahwah and Bergen County is MOVING!

 

Status   # Average Minimum Maximum Avg DOM
Under Contract : 17 $750,153 $349,900 $2,199,000 98  
Sold : 23 $736,370 $250,000 $1,250,000 153  
Total Listings : 40   Sold properties closed averaging (93.35%) of their final list price (FLP). This reflects a (6.65%) difference between property sale prices and their *FLP's.
 
 
  Amount
Average Price Sold Comps:

$736,370

Data Indicated List Price**: $785,338
   
 

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