River Vale New Jersey Real Estate | October 2011 Homes Sold Report

By
Real Estate Agent with Keller Williams Valley Realty
https://activerain.com/droplet/n5c


River Vale New Jersey Real Estate | October 2011 Homes Sold Report


River Vale New Jersey

River Vale New Jersey saw Two homes closing in the popular town as the Fall real estate market marches on and children settle into school. The list to sale price differential hovered around the 94% mark. This indicates that homes are both being priced well and selling within 6% of their asking price and that the popularity of this town is still going strong. The average Sold price was $460,500 (down significantly from last month) for the upscale town of River Vale NJ. The two homes that sold were a 3 Bedroom Ranch that sold for $389,000 and a 4 Bedroom Split Level that sold for $582,000.


River Vale NJ is amongst the 8 Pascack Valley towns of Bergen County New Jersey and it's lush park-like character has prompted it to be known as the "Garden Spot" of the Pascack Valley. This small tight knit community is constantly changing to keep up with the times while maintaining that very desirable small town feel.

Welcome To River Vale New Jersey

 

The price differential for October is still around 6% which is very close to the previous month. The average days on the market was 44 for the month of October indicating that the Pascack Valley area market continues to hold it's own in this volatile market.

With interest rates the lowest they have ever been hovering at 4%, we think Buyers can take advantage of some really wonderful opportunities to own their piece of

Small Town America in this special town known for it's suburban green lawns a plenty!

River Vale Golf Course Photo
Residents can take advantage of the many amenities offered by this Pascack Valley town such as the popular River Vale Farmer's Market which continues to be available during the Winter months by order and pick up your specialty foods the 3rd Saturday of each month.

 

River Vale NJ Real Estate | October 2011 Homes Sold Report

 

Total Homes Sold..........................2

 

 

Average List Price...............$487,200

 

 

Average Sold Price............ $460,500

 

Median Sold Price..............$460,500

 

 

Sale/List Price....................... 94,520 ( 5-6% differential)


Average Days On Market .......................... 44


A quick overview of October Activity:

River Vale NJ


A quick overview of the past 13 months activity:

River Vale New Jersey



There are currently 51 Actively Listed homes in the town of River Vale with an average List Price of $707,300. When comparing the average sold price of $460,500 to this month's average list price, we must assume that the market is in a VERY sharp downward trend. But one must keep in mind that the Average Sold price is for smaller modest homes in the lower price ranges on up to the larger homes in the million dollar plus price range.

Actively listed River Vale NJ Homes For Sale range from a 1960's 4 Bedroom Colonial style home for $389,000 up to a 11 year old 5 Bedroom Colonial for $1,390,000. There are ultimately homes available for every budget.

Interested in last month's report? Click here to see that River Vale NJ Market Report.

 

Click here to view ALL River Vale Local Listings

 

Click on the links below to view some scenes of the picturesque Pascack Valley towns of Bergen County New Jersey.

EMERSON

 

HILLSDALE

 

RIVER VALE

 

WESTWOOD

 

PARK RIDGE

 

MONTVALE

 

WOODCLIFF LAKE

 

WASHINGTON TOWNSHIP

 

PASCACK VALLEY SPRING SHOW

 

PASCACK VALLEY SUMMER SHOW

 

PASCACK VALLEY FALL SHOW

 

PASCACK VALLEY HOLIDAY SHOW

 

River Vale New Jersey Real Estate | October 2011 Homes Sold Report


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If you or someone you know is planning a Move in the near future, call your Pascack Valley experts, Lisa & Bob Hammerstein at (201)315-8618 or visit us on our website at www.HammersTeam.com.  We'll be able to help you if you're Moving to any of the Pascack Valley towns in Bergen County New Jersey.


Your Real Estate Resource for Bergen County and the entire Pascack Valley!


KW Valley Real Estate Logo

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 Search New Jersey Homes  Bergen County Real Estate  Bergen County Home Seller Tips  Bergen County Home Buyer Tips  Contact Bergen County Realtors  Free Bergen County Home Evaluation

Robert & Lisa Hammerstein • Sales Associates • Keller Williams Valley Realty

(201)391-2500 ext. 656
Direct Cell (201) 315-8618

Address • 123 Tice Boulevard • Woodcliff Lake, NJ 07677 •


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DISCLAIMER: I must disclaim liability for any damages or losses, direct or indirect, that may result from use of, or reliance on, any information contained in this blog, or for the accuracy of comments or opinions expressed by visitors to my blog. The information contained in the articles is deemed reliable but is not guaranteed, and the opinions expressed in these articles are mine. Any party who uses this material  including photos, without the written permission of  Robert Hammerstein is subject to copyright infringement and possible lawsuit.



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Rainmaker
647,661
Team Honeycutt
Allen Tate - Concord, NC

Thanks for sharing the homes sold in October in River Vale.  It is always interesting to compare to the area we live in.

 

Betty

Nov 11, 2011 06:43 AM #1
Rainmaker
933,153
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Robert, great reports keeping everyone informed. I like your slide shows of different towns in Bergen County NJ. 

Nov 11, 2011 09:19 AM #2
Rainmaker
749,817
Robert Hammerstein
Keller Williams Valley Realty - Hillsdale, NJ
Bergen County NJ Real Estate

Betty - I agree. I often look at other regions to see what is going on in other markets as well. Glad you enjoyed mine. thanks

Nov 11, 2011 09:29 AM #3
Rainmaker
749,817
Robert Hammerstein
Keller Williams Valley Realty - Hillsdale, NJ
Bergen County NJ Real Estate

Kwee - thanks for those kind words as always. Happy you enjoyed my little slide shows as well. Have a great weekend.

Nov 11, 2011 09:30 AM #4
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Rainmaker
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Robert Hammerstein

Bergen County NJ Real Estate
Call "Bergen County Bob" - I'm always available!
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