Single-Family Homes
Wed Apr 24 2024
This week the median list price for North Bergen, NJ 07047 is $587,450 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has decreased to 16.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $587,450 | |
Median Price of New Listings | $609,900 | |
Per Square Foot | $363 | |
Average Days on Market | 144 | |
Median Days on Market | 70 | |
Price Decreased | 19% | |
Price Increased | 13% | |
Relisted | 6% | |
Inventory | 16 | |
Median Rent | ||
Market Action | 51 | |
Strong Seller's Market |
Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$939,000 | 2,530 | 0 - 4,500 sqft | 3 | 4 | 10 | 0 | 0 | 98 |
$669,450 | 1,727 | 0 - 4,500 sqft | 3 | 2.8 | 88 | 1 | 0 | 91 |
$542,500 | 1,599 | 0 - 4,500 sqft | 3 | 2.5 | 109 | 0 | 0 | 38 |
$384,900 | 1,158 | 0 - 4,500 sqft | 2 | 2 | 108 | 0 | 2 | 129 |