Midland Park Real Estate Update
Midland Park homes for sale & homes sold statistics 2011 vs. 2012
| Year 1: 2011 | Year 2: 2012 |
| Number of Sold Listings | Dollar Volume of Sold Listings | Average Sold Price | ||||||||||
| 2011 | 2012 | Diff | %Chg | 2011 | 2012 | Diff | %Chg | 2011 | 2012 | Diff | %Chg | |
| January | 1 | 2 | 1 | 100 | $440,000 | $757,900 | 317,900 | 72 | $440,000 | $378,950 | -61,050 | -14 |
| February | 3 | 3 | 0 | 0 | $1,110,000 | $1,159,500 | 49,500 | 4 | $370,000 | $386,500 | 16,500 | 4 |
| March | 4 | 1 | -3 | -75 | $1,343,900 | $539,000 | -804,900 | -60 | $335,975 | $539,000 | 203,025 | 60 |
| April | 4 | 6 | 2 | 50 | $1,301,500 | $2,250,250 | 948,750 | 73 | $325,375 | $375,042 | 49,667 | 15 |
| May | 5 | 6 | 1 | 20 | $2,344,765 | $2,453,400 | 108,635 | 5 | $468,953 | $408,900 | -60,053 | -13 |
| June | 4 | 9 | 5 | 125 | $1,607,300 | $3,277,500 | 1,670,200 | 104 | $401,825 | $364,167 | -37,658 | -9 |
| July | 2 | 7 | 5 | 250 | $680,000 | $2,825,900 | 2,145,900 | 316 | $340,000 | $403,700 | 63,700 | 19 |
| August | 7 | 6 | -1 | -14 | $2,965,400 | $2,242,000 | -723,400 | -24 | $423,629 | $373,667 | -49,962 | -12 |
| September | 7 | 6 | -1 | -14 | $2,956,400 | $1,976,500 | -979,900 | -33 | $422,343 | $329,417 | -92,926 | -22 |
| October | 3 | 5 | 2 | 67 | $950,000 | $1,918,000 | 968,000 | 102 | $316,667 | $383,600 | 66,933 | 21 |
| November | 5 | 4 | -1 | -20 | $2,105,000 | $1,758,900 | -346,100 | -16 | $421,000 | $439,725 | 18,725 | 4 |
| December | 4 | 7 | 3 | 75 | $1,682,000 | $2,879,500 | 1,197,500 | 71 | $420,500 | $411,357 | -9,143 | -2 |
| Total | 49 | 62 | 13 | 27 | $19,486,265 | $24,038,350 | 4,552,085 | 23 | $397,679 | $387,715 | $-9,964 | -3 |
2011 Total Sold: 49
2012 Total Sold: 62
27% Change
2011 Average DOM: 88.9
2012 Average DOM: 60.9
-31% Change
2011 Total $ Sold: $19,486,265
2012 Total $ Sold: $24,038,350
23% Change
2011 Average Sold Price:$397,679
2012 Average Sold Price: $387,715
-3% Change
| --- Information herein deemed reliable but not guaranteed. 2/5/2013 5:51:37 PM --- |
| --- Copyright: 2013 by New Jersey MLS, Inc. --- |
Thinking of buying or selling a Midland Park, NJ home? Call Jeana Cowie cell 201-982-2200 today for a free market analysis of your Midland Park home's value or to learn about all Midland Park homes for sale
Visit me on the web at: www.jeanacowie.com. Email me at jmcowie@optonline.net
Comments (0)Subscribe to CommentsComment