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Cliffside Park, NJ 07010

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Cliffside Park, NJ 07010

Wed Dec 18 2024
This week the median list price for Cliffside Park, NJ 07010 is $977,499 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has decreased to 8. Click here to stay informed with the Cliffside Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Cliffside Park, NJ 07010

Wed Dec 18 2024
This week the median list price for Cliffside Park, NJ 07010 is $977,499 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has decreased to 8. Click here to stay informed with the Cliffside Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Cliffside Park market.
Median List Price $977,499
Median Price of New Listings $0
Per Square Foot $508
Average Days on Market 123
Median Days on Market 119
Price Decreased 25%
Price Increased 13%
Relisted 13%
Inventory 8
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,774,500 4,344 0.5 - 1 acre 6 7 64 0 0 168
$1,304,500 2,122 - 3 3.5 16 0 0 119
$887,499 1,617 0 - 4,500 sqft 3 2.8 69 0 0 101
$722,499 1,278 - 3 2.8 74 0 2 101