Westwood New Jersey Real Estate | October 2011 Homes Sold Report

By
Real Estate Agent with Keller Williams Valley Realty

Westwood New Jersey Real Estate | October 2011 Homes Sold Report


Westwood New Jersey

The Westwood High School (pictured above)

Westwood New Jersey saw just Two homes closing in the popular town as the Fall real estate market ends and the children settle into school and prepare for the holidays.  The list to sale price differential hovered around the 93% mark.  This indicates that homes are both being priced well and selling within  7% of their asking price. The popularity of this town is still strong although the overall market is down.  Keeping in mind the number of homes to close this month verses last month, the average Sold price was down substantially from last month with the average sale price being $393,750 for the Hub of the Pascack Valley town of Westwood New Jersey.

Westwood NJ is amongst the 8 Pascack Valley towns of Bergen County New Jersey and it's thriving downtown business district has prompted it to be known as the "Hub" of the Pascack Valley.  This small community minded town is constantly changing to keep up with the times while maintaining that very desirable small town feel

The price differential for October was around 7% which was higher than the previous month. The average days on the market was 45 for the month of October indicating that the Pascack Valley area market continues to hold it's own in these challenging times.

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 as the Hub of the Pascack Valley!

Residents can take advantage of the many amenities offered by this Pascack Valley town such as The Pascack Brook County Park.  The bustling downtown avenue and Gazebo in the Park offers residents community events throughout the year.

 Westwood NJ

 Westwood New Jersey Real Estate |October 2011' Single Family Homes Sold Report

  

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

  

Average List Price...............$422,225

  

Average Sold Price............ $393,750

  

Median Sold Price..............$393,750

  

Sale/List Price....................... 93.256 (6-7% differential)


Average Days On The Market ................................................45

 

There are currently 49 Actively Listed homes in the town of Westwood with an average List Price of $442,316. When comparing the average sold price of $393,750 to this month's average list price, we must assume that the market is sliding despite the low number of sales.  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.  There are ultimately some fantastic opportunities in this popular town for every budget.

 Here's a quick overview of the past months activity:


Westwood NJ Homes

And a quick overview of the past 13 Months activity:


Westwood New Jersey



 Click here to view ALL Westwood New Jersey Homes For Sale

 View some scenes of the picturesque Pascack Valley towns of Bergen County NJ below.

  

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

 

 

Westwood 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!


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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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