River Edge real estate update & home sale statistics 2010 vs. 2011 presented by JEANA COWIE of Re/Max Real Estate Ltd.
River Edge 2011 Average Home Sold Price: $437,155
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 |
June | 18 | 11 | -7 | -39 | $8,360,613 | $4,904,900 | -3,455,713 | -41 | $464,479 | $445,900 | -18,579 | -4 |
July | 13 | 10 | -3 | -23 | $5,939,000 | $4,438,000 | -1,501,000 | -25 | $456,846 | $443,800 | -13,046 | -3 |
August | 15 | 13 | -2 | -13 | $7,636,300 | $5,735,500 | -1,900,800 | -25 | $509,087 | $441,192 | -67,894 | -13 |
September | 5 | 11 | 6 | 120 | $2,095,000 | $5,717,500 | 3,622,500 | 173 | $419,000 | $519,773 | 100,773 | 24 |
October | 6 | 6 | 0 | 0 | $3,284,000 | $2,214,000 | -1,070,000 | -33 | $547,333 | $369,000 | -178,333 | -33 |
November | 6 | 3 | -3 | -50 | $2,665,000 | $1,072,000 | -1,593,000 | -60 | $444,167 | $357,333 | -86,833 | -20 |
December | 8 | 5 | -3 | -38 | $4,169,000 | $1,916,000 | -2,253,000 | -54 | $521,125 | $383,200 | -137,925 | -26 |
Total | 100 | 82 | -18 | -18 | $48,235,024 | $35,846,710 | -12,388,314 | -26 | $482,350 | $437,155 | $-45,195 | -9 |
2010 Total Sold: 100
2011 Total Sold: 82
-18% Change
2010 Average DOM: 75.6
2011 Average DOM: 89.5
18% Change
2010 Total $ Sold: $48,235,024
2011 Total $ Sold: $35,846,710
-26% Change
2010 Average Sold Price:$482,350
2011 Average Sold Price: $437,155
-9% Change
Wondering what your River Edge home is worth in today's market? Looking to buy or sell in River Edge, NJ? Call your River Edge real estate agent & River Edge REALTOR® : Jeana Cowie at 201-982-2200. Visit me on the web at: www.jeanacowie.com. Email me at jmcowie@optonline.net
All information is deemed reliable, but is not guaranteed. Subject to errors and ommisssions.
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