River Edge real estate statistics 2010 vs. 2011

By
Real Estate Agent with RE/MAX Real Estate Limited

River Edge Real Estate Update:

River Edge real estate statistics 2010 vs. 2011 presented by your Bergen County REALTOR© Jeana Cowie

River Edge, NJ real estate update for residential homes 2010 vs. 2011 All statistics provided by the New Jersey Multiple Listing Service (NJMLS)

Jeana Cowie has sold over 600+ homes in Bergen County, NJ 

Area:  RIVER EDGE Status: S
Year 1:   2010 Year 2:   2011
  Number of Sold Listings Dollar Volume of Sold Listings Average Sold Price
    2010     2011     Diff   %Chg   2010     2011     Diff   %Chg   2010     2011     Diff   %Chg
January 5 4 -1 -20 $2,257,000 $1,516,500 -740,500 -33 $451,400 $379,125 -72,275 -16
February 7 6 -1 -14 $3,519,211 $2,454,000 -1,065,211 -30 $502,744 $409,000 -93,744 -19
March 8 2 -6 -75 $3,725,000 $1,274,000 -2,451,000 -66 $465,625 $637,000 171,375 37
April 3 3 0 0 $1,274,000 $1,125,000 -149,000 -12 $424,667 $375,000 -49,667 -12
May 6 8 2 33 $3,310,900 $3,479,310 168,410 5 $551,817 $434,914 -116,903 -21
Total 29 23 -6 -21 $14,086,111 $9,848,810 -4,237,301 -30 $485,728 $428,209 $-57,519 -12



January - May 2010 Total Sold: 29
January - May 2011 Total Sold: 23
-21% Change

January - May 2010 Average DOM: 75.5
January - May 2011 Average DOM: 115.6
53% Change


January - May 2010 Total $ Sold: $14,086,111
January - May 2011 Total $ Sold: $9,848,810
-30% Change


January - May 2010 Average Sold Price:$485,728
January - May 2011 Average Sold Price: $428,209
-12% Change

Looking to buy or sell a home in Bergen County, NJ?

Wondering what your  Bergen County, NJ home is worth in today's real estate market?

Have a  Bergen County real estate question?  Call  you Bergen County real estate agent: JEANA COWIE at: Cell 201-982-2200 or email me at jmcowie@optonline.net.

Visit my website at www.jeanacowie.net

All information is deemed reliable, but is not guaranteed. Subject to errors and ommissions

Posted by

 

Jeana Cowie, ABR, CRS, GRI, SRES©
Broker Associate, Real Estate Agent 
  
RE/MAX Real Estate Limited
Oradell, NJ 07649 (in Bergen County, NJ)

www.jeanacowie.net   

Jeana Cowie is a Top RE/MAX Bergen County REALTOR©                            

Over 800+ homes SOLD!! 23 Years of Full Time Bergen County Real Estate Sales Experience

Specializing in Paramus real estate (over 300+ homes SOLD in Paramus alone) handling all of your Bergen County real estate needs, from Allendale to Wyckoff

Top 1% of all RE/MAX agents in NJ

Follow me on Facebook at: http://www.facebook.com/BergenCountyRealEstateUpdate

Subscribe to my FREE Monthly Real Estate Update Newsletter at: http://realtytimes.com/c/JeanaCowie

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Ambassador
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Bryan Robertson
Los Altos, CA

Wow!  Your market there has still had some trouble in 2011.  I hope things turn around soon.

Jun 21, 2011 06:20 PM #1
Ambassador
695,069
Rob Lang
At Home Kansas - Shawnee, KS
Local Expert in NE Central Kansas Real Estate Home

Thank you for sharing this. I hope someone finds exactly what they're looking for here.

Jun 21, 2011 06:29 PM #2
Rainmaker
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Jeana Cowie
RE/MAX Real Estate Limited - Paramus, NJ
Broker Associate, ABR, CRS, GRI, SRES

Bryan, Certain towns are down, and some have actually increased. River Edge taxes are high, so I believe that had a huge impact this year.

 

Lawrence, Thank you. Wishing you& Bryan both good luck!

Jun 21, 2011 06:42 PM #3
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Rainmaker
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Jeana Cowie

Broker Associate, ABR, CRS, GRI, SRES
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