Market Report March 2010 - Northern New Jersey

The New Jersey MLS has just started publishing a comprehensive real estate report for Bergen and nearby counties. At 37 pages it's quite an exhaustive overview.

But even more impressive than it's length is how strong the market is right now.

Here are a few sample statistics from the report:

Total properties under contract is up 31.8%

Number of Homes on the market is down 22%

YTD Solds is up 95.7%

(March 2010 compared with March 2009)

The report can be downloaded here in it's entirety.

- Michael Shetler