Oradell real estate market report & statistics 2010 vs. 2011 presented by Jeana Cowie, your Oradell real estate agent
www.OradellRealEstateAgent.com
Oradell NJ home sales & real estate update 2010 vs. 2011 All statistics provided by the New Jersey Multiple Listing Service (NJMLS)
Oradell, NJ 07649 is a wonderful Bergen County town that has a small town feel. Kinderkamack Road offers a fantastic downtown with such places like Cool Beans, Ronnie's Bagel's and the bergen County Playhouse.
Oradell offers a great New York city commute with bus services & a train station (located on Oradell Avenue)
Many homes that are currently on the market allow you to walk to all your needs, whether it's commuting to NYC, shopping on Kinderkamack Road or going to Riverdell High School
Now is the time to buy an Oradell home as prices in Oradell are down -11% for the timeframe of January - August 2011 vs. the same timeframe for 2010.
Oradell Average Median Sold Price: $504,656
| Year 1: 2010 | Year 2: 2011 |
| Number of Sold Listings | Dollar Volume of Sold Listings | Median Sold Price | ||||||||||
| 2010 | 2011 | Diff | %Chg | 2010 | 2011 | Diff | %Chg | 2010 | 2011 | Diff | %Chg | |
| January | 8 | 3 | -5 | -63 | $4,120,000 | $1,812,342 | -2,307,658 | -56 | $477,500 | $570,000 | 92,500 | 19 |
| February | 1 | 7 | 6 | 600 | $550,000 | $3,112,444 | 2,562,444 | 466 | $550,000 | $400,000 | -150,000 | -27 |
| March | 4 | 5 | 1 | 25 | $2,040,000 | $2,517,500 | 477,500 | 23 | $510,000 | $455,000 | -55,000 | -11 |
| April | 4 | 3 | -1 | -25 | $2,095,000 | $1,865,000 | -230,000 | -11 | $492,500 | $565,000 | 72,500 | 15 |
| May | 5 | 6 | 1 | 20 | $3,331,000 | $3,036,500 | -294,500 | -9 | $599,000 | $471,500 | -127,500 | -21 |
| June | 18 | 6 | -12 | -67 | $10,877,475 | $2,573,500 | -8,303,975 | -76 | $584,900 | $358,750 | -226,150 | -39 |
| July | 7 | 7 | 0 | 0 | $3,610,000 | $3,996,000 | 386,000 | 11 | $530,000 | $612,000 | 82,000 | 15 |
| August | 4 | 7 | 3 | 75 | $2,992,500 | $4,349,500 | 1,357,000 | 45 | $790,000 | $605,000 | -185,000 | -23 |
| Total | 51 | 44 | -7 | -14 | $29,615,975 | $23,262,786 | -6,353,189 | -21 | n/a | n/a | n/a | n/a |
January - August 2010 Total Sold: 51
January - August 2011 Total Sold: 44
-14% Change
January - August 2010 Average DOM: 87.4
January - August 2011 Average DOM: 81.6
-7% Change
January - August 2010 Total $ Sold: $29,615,975
January - August 2011 Total $ Sold: $23,262,786
-21% Change
January - August 2010 Average Median Sold Price:$566,738
January - August 2011 Average Median Sold Price: $504,656
-11% Change
| --- Information herein deemed reliable but not guaranteed. 9/24/2011 4:25:11 PM --- |
| --- Copyright: 2011 by New Jersey MLS, Inc. --- |
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