Single-Family Homes
Wed Dec 18 2024
This week the median list price for Palisades Park, NJ 07650 is $1,212,500 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has increased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $1,212,500 | |
Median Price of New Listings | $0 | |
Per Square Foot | $340 | |
Average Days on Market | 98 | |
Median Days on Market | 84 | |
Price Decreased | 25% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 4 | |
Median Rent | ||
Market Action | 41 | |
Slight Seller's Advantage |
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,529,007 | 4,490 | 6,500 - 8,000 sqft | 3 | 4.5 | 34 | 0 | 0 | 203 |
$1,300,000 | 0 | - | 4 | 3.5 | 24 | 0 | 0 | 21 |
$1,125,000 | 0 | - | 4 | 3.5 | 20 | 0 | 0 | 21 |
$459,000 | 0 | - | 2 | 1 | 64 | 0 | 0 | 147 |