Brooklee Han's Market Report
Bergen County, NJ
Single-Family Homes
HW Media | Real Estate & Title Reporter | brooklee@hwmedia.com | 203-731-7827
Bergen County, NJ
Tue May 14 2024
This week the median list price for Bergen County, NJ is $900,000 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 777.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $900,000 | |
| Median Price of New Listings | $749,950 | |
| Per Square Foot | $442 | |
| Average Days on Market | 80 | |
| Median Days on Market | 21 | |
| Price Decreased | 11% | |
| Price Increased | 1% | |
| Relisted | 11% | |
| Inventory | 777 | |
| Median Rent | ||
| Market Action | 55 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $3,225,000 | 4,866 | 1 - 2.5 acres | 6 | 6.5 | 41 | 13 | 20 | 84 |
| $1,292,500 | 2,622 | 0.25 - 0.5 acre | 4 | 3.5 | 65 | 38 | 35 | 14 |
| $749,999 | 1,770 | 8,000 - 10,000 sqft | 4 | 2.5 | 75 | 54 | 38 | 14 |
| $550,000 | 1,420 | 4,500 - 6,500 sqft | 3 | 2 | 84 | 49 | 56 | 14 |