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BOGOTA NJ Real Estate Review - January & February 2012

By
Real Estate Broker/Owner with Power Realty Group, LLC Bergen County, NJ

Bogota NJ Real Estate Review - January & February 2012

Here are the important stats so far in 2012 in the single family category.

Bogota

  • 5 Bogota NJ Homes SOLD
  • Median Sold Price = $225,000
  • 11 Under Contract
  • 14 New Listings
  • 30 Currently Active Listings
  • Average Listing Price = $304,493



I noticed something interesting while compiling this market review. The inventory level of Bogota NJ Homes For Sale was down by 24%. (mid-February vs. the same time last year) Stay tuned to my Bogota NJ Real Estate Reviews to see if this trend continues & we'll analyze any implications it may have.


Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 5  $ 1,049,000  $ 231,480  $ 209,800  $ 225,000   90.634 68
Co-Broker 3  $ 740,000  $ 270,833  $ 246,667  $ 250,000   91.077 64
List/Sold 2  $ 309,000  $ 172,450  $ 154,500  $ 154,500   89.591 74
New 14  $ 4,198,200  $ 299,871        
Under Contract 11  $ 3,005,800  $ 273,255       74
Withdrawn 8  $ 2,470,900  $ 308,863       223
Expired 5  $ 1,328,800  $ 265,760       326
Back on Market 1  $ 279,000  $ 279,000       121
Extended 3  $ 938,800  $ 312,933       186
Current Active 30  $ 9,134,799  $ 304,493        

                                Information deemed reliable but not guaranteed. 3/8/2012. New Jersey MLS, Inc.


Take a look back at Bergen County NJ Real Estate Reviews (By Town) - 2011 In A Nutshell

 

If you or someone you know is thinking about selling a home in Bogota NJ, don't miss JERSEY HOME SCENE, the maximum exposure marketing system.


Brian Morgenweck REALTOR & Broker/Owner of Power Realty Group

         I'm Brian Morgenweck,

Broker/Owner of Power Realty Group.

 

        I'm here to help you reach

           your real estate goals.

 

         Call me today!

        (201)489-3020

 

 



Bogota NJ Real Estate Review - January & February 2012


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