I'm Brian Morgenweck and welcome to the Bergen County Condo Real Estate Week in Review for July 5 to July 11, 2010.
We added 98 new lsitings last week bringing the total number of available units to 1,990 condos, co-ops & townhouses for sale throughout Bergen County.
| Current Active Listings / Condo Real Estate Week In Review | ||
| List Price Range | Number of Listings | Average DOM |
| $ 0 - $ 99,999 | 55 | 128 |
| $ 100,000 - $ 199,999 | 325 | 127 |
| $ 200,000 - $ 299,999 | 457 | 124 |
| $ 300,000 - $ 399,999 | 411 | 125 |
| $ 400,000 - $ 499,999 | 253 | 126 |
| $ 500,000 - $ 599,999 | 202 | 144 |
| $ 600,000 - $ 699,999 | 109 | 121 |
| $ 700,000 - $ 799,999 | 54 | 139 |
| $ 800,000 - $ 899,999 | 39 | 133 |
| $ 900,000 - $ 999,999 | 20 | 129 |
| $ 1,000,000 - $ 1,249,999 | 29 | 167 |
| $ 1,250,000 - $ 1,499,999 | 21 | 197 |
| $ 1,500,000 - $ 1,749,999 | 7 | 212 |
| $ 1,750,000 - $ 1,999,999 | 4 | 265 |
| $ 2,000,000 - $ 2,249,999 | 1 | 77 |
| $ 2,250,000 - $ 2,499,999 | 1 | 75 |
| $ 2,750,000 - $ 2,999,999 | 1 | 286 |
| $ 4,500,000 - $ 4,999,999 | 1 | 42 |
Here are the units in the $250,000 to $750,000 range, for example.
We had 22 closings last week, which means that 22 units SOLD!
That's an average of 5.5 per day, due to the shorter Holiday work week. (An absolutely useless statistic, really. I just felt like throwing it in the mix!)
Click here to see last week's Bergen County Condo Week in Review
| Sold Listings / Condo Real Estate Week In Review | ||
| Sold Price Range | Number of Listings | Average DOM |
| $ 0 - $ 99,999 | 1 | 135 |
| $ 100,000 - $ 199,999 | 4 | 165 |
| $ 200,000 - $ 299,999 | 5 | 114 |
| $ 300,000 - $ 399,999 | 5 | 79 |
| $ 500,000 - $ 599,999 | 4 | 118 |
| $ 600,000 - $ 699,999 | 3 | 39 |
21 listings "survived" the Attorney Review Period and went Under Contract last week...
| Under Contract Listings / Condo Real Estate Week In Review | ||
| List Price Range | Number of Listings | Average DOM |
| $ 0 - $ 99,999 | 1 | 61 |
| $ 100,000 - $ 199,999 | 2 | 199 |
| $ 200,000 - $ 299,999 | 2 | 195 |
| $ 300,000 - $ 399,999 | 5 | 110 |
| $ 400,000 - $ 499,999 | 3 | 110 |
| $ 500,000 - $ 599,999 | 6 | 77 |
| $ 700,000 - $ 799,999 | 2 | 90 |
...While only 20 listings throughout Bergen County expired unsold.
| Expired Listings / Condo Real Estate Week In Review | ||
| List Price Range | Number of Listings | Average DOM |
| $ 0 - $ 99,999 | 2 | 182 |
| $ 100,000 - $ 199,999 | 6 | 233 |
| $ 300,000 - $ 399,999 | 3 | 303 |
| $ 400,000 - $ 499,999 | 3 | 131 |
| $ 500,000 - $ 599,999 | 1 | 366 |
| $ 600,000 - $ 699,999 | 3 | 252 |
| $ 700,000 - $ 799,999 | 1 | 366 |
| $ 800,000 - $ 899,999 | 1 | 181 |
Information herein deemed reliable but not guaranteed. 7/13/2010 Copyright: 2010 by New Jersey MLS, Inc.
Now, the following information is for serious buyers & sellers...
MORTGAGE INTEREST RATES ARE AT A 50 YEAR LOW IN THE 4%'S RIGHT NOW!!!! THE SAVINGS WITH RATES AT THIS LEVEL WILL BLOW AWAY WHAT YOU WOULD HAVE SAVED WITH THE TAX CREDIT PROGRAM!!! THIS IS GOOD NEWS FOR BUYERS AND SELLERS!!!
If you have any questions about this information or would like to talk about your scenario, you can email me by clicking on the email button below or call me at (201) 546-0040.
Thanks for stopping by and have a great day! Feel free to "Like" this info or share it with your friends!
I'm Brian Morgenweck and this is your Bergen County Condo Real Estate Week in Review.
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