Oradell Homes Real Estate Review - October 2012 Market Report

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

Oradell Homes Real Estate Review - October 2012 Market Report

Here are the important stats in the single-family category.

  • 7 Oradell Homes SOLD (up from 4 in September)
  • Median Sold Price = $600,000
  • 5 Under Contract
  • 9 New Listings
  • 29 Currently Active Listings (down from 33 in September = tighter inventory)
  • Average Listing Price = $701,759

 

Listing Status        Total        Total List/Sale Dollars 
Average List
Price
Average Sold
Price
Median Sold
Price
Sale Price/
List Price*
Avg DOM
Sold 7  $ 3,873,000  $ 584,843  $ 553,286  $ 600,000   94.604 77
Co-Broker 6  $ 3,273,000  $ 562,483  $ 545,500  $ 530,000   96.981 76
List/Sold 1  $ 600,000  $ 719,000  $ 600,000  $ 600,000   83.449 85
New 9  $ 4,640,800  $ 515,644        
Under Contract 5  $ 2,677,800  $ 535,560       86
Withdrawn 5  $ 3,644,325  $ 728,865       240
Expired 1  $ 549,000  $ 549,000       184
Back on Market 2  $ 1,748,500  $ 874,250       75
Extended 2  $ 1,523,918  $ 761,959       165
Current Active 29  $ 20,351,018  $ 701,759        

Data deemed reliable but not guaranteed. 11/20/2012. New Jersey MLS, Inc.

 

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 Oradell Homes Real Estate Review - October 2012 Market Report

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