Allendale Real Estate
I like to continuously monitor local real estate statistics to keep my clients informed and ahead of the real estate trends. Below you will find Allendale real estate statistic for the period 5/1/2007 through 6/1/2007 as listed in the New Jersey Multiple Listing Service for all property types in Allendale.
Listing | Total | Total List/ | ||||
7 | $ 4,157,300 | $ 613,800 | $ 593,900 | $ 495,000 | 96.758 | |
7 | $ 4,157,300 | $ 613,800 | $ 593,900 | $ 495,000 | 96.758 | |
0 | $ 0 | $ 0 | $ 0 | $ 495,000 |
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New | 23 | $ 20,363,050 | $ 885,350 |
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Under Contract | 8 | $ 6,578,800 | $ 822,350 |
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47 | $ 41,210,199 | $ 876,813 |
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If we run the same report for this period last year we see the following:
Listing | Total | Total List/ | ||||
11 | $ 7,241,000 | $ 711,700 | $ 658,273 | $ 575,000 | 92.493 | |
11 | $ 7,241,000 | $ 711,700 | $ 658,273 | $ 575,000 | 92.493 | |
0 | $ 0 | $ 0 | $ 0 | $ 575,000 |
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New | 26 | $ 20,045,773 | $ 770,991 |
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Under Contract | 13 | $ 8,708,000 | $ 669,846 |
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Interpretation of statistics is always fun. What does it all mean? Everyone can draw their own conclusions. The overall trend which I see in the statistics and also see in the market is that homes are selling closer to their asking price because the market has leveled out and sellers are pricing their homes more realistically.
Hows does this effect you? To find the value of your home allow me to provide a free Comparative Market Analysis specifically for you. Please visit my website at http://www.bergen-county-homes.com/ or call me directly on my cell phone: 201-674-3114
If you would like a free list of homes for sale in Allendale or would like more information about Allendale, or you would like to be the first to know about hot new listings before other Allendale buyers do, then give me a call at:
James Lockard
RE/MAX Properties
Office: 201-825-6600
Cell: 201-674-3114
Email: jlockard@remax.net
Website: http://www.bergencounty-homes.com/
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