River Vale New Jersey Real Estate | November 2011 Homes Sold Report
River Vale New Jersey saw One home closed in this popular town as the Holiday Season kicks off. The average Sold price was $490,000 (down significantly from last month) for the upscale town of River Vale NJ.
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.
The price differential for November is around 16%. The average days on the market was 136 for the month of November indicating that the Pascack Valley area market continues to slow down for the holiday season 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 NJ Real Estate | November 2011 Homes Sold Report
Total Homes Sold..........................1
Average List Price...............$589,000
Average Sold Price............ $490,000
Median Sold Price..............$490,000
Sale/List Price....................... 83.192 ( 16-17% differential)
Average Days On Market .......................... 136
River Vale New Jersey Real Estate | November 2011 Homes Sold Report
There are currently 47 Actively Listed homes in the town of River Vale with an average List Price of $589,000. When comparing the average sold price of $490,000 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 3 Bedroom Ranch style home for $369,000 up to an 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.
River Vale New Jersey Real Estate | November 2011 Homes Sold Report
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