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    The Bergen County Real Estate Market Conditions

    While the overall  residential sales in Bergen County NJ  did not change significantly year to date from the same period last year ( period ending October 31) some towns are showing huge increases in the number of transactions over last year.

    The Bergen County Real Estate  Market Conditions, and the average price across the county  remained the same as for the same period  in 2010. Towns such as Tenafly & Alpine show an increase in  sales of higher priced homes   signalling the readiness of buyers that have so far been seating on the fence to take advantage of the low prices and their buying power .

    In these towns and the  higher price ranges  financing  has not been an obstacle.  The market in general is a buyer’s market and it is value driven across all price ranges.

    Town

    2010

    2011

    %

    Tenafly

    100

    136

    +36%

    Alpine

    11

    19

    +73%

    Bergenfield

    126

    113

    -10%

    Closter

    64

    58

    -9%

    Cresskill

    63

    51

    -19%

    Demarest

    50

    42

    -16%

    Englewood

    69

    86

    +25%

    EnglewoodCliffs

    29

    35

    +21%

    Fort lee

    33

    43

    +30%

    HarringtonPark

    24

    31

    +29%

    Haworth

    20

    20

    0%

    Norwood

    36

    22

    -39%

    Old Tappan

    41

    41

    0%

    Saddle river

    25

    32

    +28%

    Teaneck

    160

    184

    +15%

    Sales in Select Towns In Bergen County

    Click To View - Sales in Select Towns In Bergen County

     

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