Paramus NJ Homes for Sale and Real Estate Review - November 2012
Here are the important stats in the single-family category:
- 14 Paramus NJ Homes SOLD
- Median Sold Price = $502,500
- 15 Under Contract
- 12 New Listings
- 60 Currently Active Listings
- Average Listing Price = $812,538
The Paramus real estate market continues on a healthy path. The sale-to-list price ratio is down a bit from October but remains above average for Bergen County. The days-on-market stat remains right around 2-months. This means Paramus homes are selling within 5-8% of full-list at a pretty rapid pace.
The inventory absorption rate & liquidity ratio remain strong, while the level of available Paramus homes for sale inventory continues its descent, decreasing about 15% since the end of October.
These stats all indicate a healthy market more in favor of sellers.
That said, there are currently 60 opportunities for buyers interested in counting themselves among Paramus homeowners. (...who are also among a handful of Bergen County towns paying the lowest property tax rates!)
See all Paramus NJ Homes for Sale
| Listing Status | Total | Total List/Sale Dollars | Price |
Price |
Price |
List Price* |
|
| Sold | 14 | $ 7,579,000 | $ 592,750 | $ 541,357 | $ 502,500 | 91.330 | 63 |
| Co-Broker | 7 | $ 3,934,000 | $ 604,400 | $ 562,000 | $ 525,000 | 92.985 | 55 |
| List/Sold | 7 | $ 3,645,000 | $ 581,100 | $ 520,714 | $ 438,000 | 89.608 | 72 |
| New | 12 | $ 7,094,800 | $ 591,233 | ||||
| Under Contract | 15 | $ 7,317,288 | $ 487,819 | 61 | |||
| Withdrawn | 5 | $ 3,545,900 | $ 709,180 | 127 | |||
| Expired | 5 | $ 6,877,000 | $ 1,375,400 | 264 | |||
| Back on Market | 4 | $ 2,312,800 | $ 578,200 | 113 | |||
| Extended | 0 | $ 0 | $ 0 | ||||
| Current Active | 60 | $ 48,752,298 | $ 812,538 |
Data deemed reliable but not guaranteed. 12/19/2012. New Jersey MLS, Inc.
Active Inventory In Price Ranges
See all Paramus NJ Homes for Sale
Thinking about selling? Click to see how my maximum exposure marketing system will benefit you. I'm so confident my systems work, I give my sellers a 100% Seller Satisfaction Guarantee!
I'm Brian Morgenweck, Broker/Owner of Power Realty Group.
Whether you're buying or selling a home, I'm here to help you reach your real estate goals.
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(201) 489-3020
Paramus NJ Homes for Sale and Real Estate Review - November 2012
