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North Jersey Real Estate Market Trends: Featuring Woodcliff Lake, Hillsdale, and Ridgewood

Learn about real estate markets in Bergen County. If you have any questions, contact Ana Moniz!

Bergen County Real Estate Market Reports

Analyzing the real estate market of a town at a specific time is an important step in both home selling and home buying. In this blog post you will find detailed reports of the Woodcliff Lake, Hillsdale, and Ridgewood NJ real estate markets. You can create an account on the website view hundreds of lovely Bergen County homes for sale and set alerts for new home listings in your desired towns and price range. If you have any questions, feel free to contact Ana directly! Visit previous blog posts to learn more about each Bergen County town or read about dining and entertainment optionsin Northern New Jersey.

Woodcliff Lake, NJ Real Estate Market Report

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Price Trends – Sold vs. Listed

Find out what's happening in Ridgewood-Glen Rockfor free with the latest updates from Patch.

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Find out what's happening in Ridgewood-Glen Rockfor free with the latest updates from Patch.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Market Inventory Trends

The number of active listings in Woodcliff Lake (07677) dropped by 7% from the previous month.

The median number of days active properties have been listed is 73. This is significantly shorter than the national average.

The number of sales in September dropped by 90% from the previous month.

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Property Ownership

The percent of unoccupied properties is very low in Woodcliff Lake (07677) . It is -11.99% below the national average.

The percent of owner occupied properties in Woodcliff Lake (07677) is 22.62% above the national average.

Hillsdale, NJ Real Estate Market Report

chart1.png?w=920

Price Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

chart-11.png?w=920

Market Inventory Trends

The number of active listings in Hillsdale (07642) increased by 9.7% from the previous month.

The median number of days active properties have been listed is 46. This is significantly shorter than the national average.

The number of sales in September dropped by93.8% from the previous month.

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Property Ownership

The percent of unoccupied properties is very low in Hillsdale (07642) . It is -13.15% below the national average.

The percent of owner occupied properties in Hillsdale (07642) is 22.48% above the national average.

Ridgewood, NJ Real Estate Real Estate Market Report

chart2.png?w=920

Price Trends – Sold vs. Listed

Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).

By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

chart-12.png?w=920

Market Inventory Trends

The number of active listings in Ridgewood (07450) dropped by 6.5% from the previous month.

The median number of days active properties have been listed is 68. This is significantly shorter than the national average.

The number of sales in September dropped by 88.1% from the previous month.

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Property Ownership

The percent of unoccupied properties is very low in Ridgewood (07450) . It is -11.99% below the national average.

The percent of owner occupied properties in Ridgewood (07450) is 12.5% above the national average.

Ana Moniz, ABR
Broker Associate
Keller Williams Valley Realty
123 Tice Boulevard
Woodcliff Lake, NJ 07677
cell- 201-247-6341 | email – Anawcl@aol.com
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Ana Moniz Bergen County Real Estate
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The views expressed in this post are the author's own. Want to post on Patch?