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West New York, NJ 07093

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West New York, NJ 07093

Tue Oct 15 2024
This week the median list price for West New York, NJ 07093 is $490,000 with the market action index hovering around 32. This is less than last month's market action index of 34. Inventory has held steady at or around 5. Click here to stay informed with the West New York 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, though the market is still in the Seller’s zone. 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.

West New York, NJ 07093

Tue Oct 15 2024
This week the median list price for West New York, NJ 07093 is $490,000 with the market action index hovering around 32. This is less than last month's market action index of 34. Inventory has held steady at or around 5. Click here to stay informed with the West New York 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, though the market is still in the Seller’s zone. 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 West New York market.
Median List Price $490,000
Median Price of New Listings $0
Per Square Foot $400
Average Days on Market 192
Median Days on Market 140
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 32
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$1,299,999 0 0 - 4,500 sqft 3 3 NaN 0 0 147
$515,000 0 0 - 4,500 sqft 3 2 NaN 0 0 105
$490,000 1,232 - 3 2 NaN 0 0 476
$454,000 1,136 0 - 4,500 sqft 3 1.5 125 0 0 115