Bergen County Real Estate Market Reports – Featuring Fair Lawn, Montvale, and Midland Park

July 21, 2014 · by Ana Moniz - The Moniz Group · in Bergen County, Bergen County Real Estate, Fair Lawn, Market Reports, midland park, Montvale. ·

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 Fair Lawn, Montvale, and Midland Park real estate markets. Click any image to view more in depth statistics and analysis of the real estate markets of each town, pulled from Ana Moniz’s real estate website. 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!

Fair Lawn NJ Real Estate Market Report

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.

Market Inventory Trends

The number of active listings in Fair Lawn (07410) dropped by 2.4% from the previous month.

The median number of days active properties have been listed is 63. This is significantly shorter than the national average.

The number of sales in May dropped by 84.4% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Fair Lawn (07410) . It is -12.56% below the national average.

The percent of owner occupied properties in Fair Lawn (07410) is 12.03% above the national average.

Montvale NJ Real Estate Market Report

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.

Market Inventory Trends

The number of active listings in Montvale (07645) dropped by 6.3% from the previous month.

The median number of days active properties have been listed is 49. This is significantly shorter than the national average.

The number of sales in May dropped by 75% from the previous month.

Property Ownership

The percent of unoccupied properties is very low in Montvale (07645) . It is -12.01% below the national average.

The percent of owner occupied properties in Montvale (07645) is 15.84% above the national average.

Midland Park NJ Real Estate Market Report

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.

Market Inventory Trends

The number of active listings in Midland Park (07432) increased by 48.9% from the previous month.

The median number of days active properties have been listed is 33. This is significantly shorter than the national average.

Property Ownership

The percent of unoccupied properties is very low in Midland Park (07432) . It is -11.6% below the national average.

The percent of rental properties in Midland Park (07432) is 10.83% above the national average which is typical for urban areas.

If you would like to learn more about Fair Lawn, Montvale, Midland Park, or other Bergen County boroughs you can visit previous blog posts or view by town through the “Featured Towns” dropdown menu. The blog posts include restaurants, town information, and of course beautiful homes for sale in each town. If you have any questions or would like to set up a showing appointment for any Bergen County homes for sale, feel free to contact Ana Moniz directly!