Market Snapshot /// Upper Saddle River, NJ

By
Real Estate Agent with Berkshire Hathaway HomeServices Abbott Realtors

I was researching the data for a client today and I took a look at all the availables, under contract and SOLDS for the last 3 months in Upper Saddle River. This town would be considered --- a luxury zip code --- and the data for this market that includes homes/properties over the $850,000 price point. There are a few residential homes below this price level, however, most of those would need to be totally renovated or is still considered a "knock down" --- yes, even in this market

This gives you a picture of the "luxury market" activity in the town of USR over the last 3 months.

 

Status   # Average Minimum Maximum Avg DOM
Active : 49 $1,824,458 $999,000 $3,295,000 122  
Under Contract : 10 $1,808,680 $849,900 $2,999,900 110  
Sold : 15 $1,296,600 $820,000 $2,695,000 99  
Total Listings : 74   Sold properties closed averaging (95.38%) of their final list price (FLP). This reflects a (4.62%) difference between property sale prices and their *FLP's.

  Amount
Avg. Price Sold Comps:

$1,296,600

Data Indicated List Price**: $1,356,503
 

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Know the sales value of your home and your neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2010, www.PamelaStetson.com

Comments (1)

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We also post luxury Market Updates for our Long Island Communities and find that they give buyers a really good grounding on what's going on in our market!

Sep 07, 2010 06:16 AM