1st Quarter Residential Sales in Tenafly & Other Bergen County Towns

Tenafly Sales 1st Qtr 2011 vs 2012

January – March 2011 Total Sold: 21
January – March 2012 Total Sold: 26
Total Units sold   –  24% More in 2012

January – March 2011 Average DOM: 115.0
January – March 2012 Average DOM: 98.8
Days on Market -homes are selling 17% faster in 2012

January – March 2011 Total $ Sold: $21,239,400
January – March 2012 Total $ Sold: $26,364,000
Total Volume of Sales is 24% Higher in 2012

January – March 2011 Average Sold Price:$1,011,400
January – March 2012 Average Sold Price: $1,014,000
Average Sold Price is same as in 2011

Closter Sales 1st Qtr 2011 vs 2012

January – March 2011 Total Sold: 14
January – March 2012 Total Sold: 18
Total Units sold   –  29% More in 2012
January – March 2011 Average DOM: 133.9
January – March 2012 Average DOM: 151.1
Days On market – Homes Take 13% More time to sell in 2012
January – March 2011 Total $ Sold: $9,194,750
January – March 2012 Total $ Sold: $10,002,490
Total Volume of Sales is 9% Higher in 2012
January – March 2011 Average Sold Price:$656,768
January – March 2012 Average Sold Price: $555,694
Average Sold Price is 15% Lower in 2012

Cresskill Sales 1st Qtr 2011 vs 2012

January – March 2011 Total Sold: 21
January – March 2012 Total Sold: 15
Total Units sold   –  29% Less in 2012
January – March 2011 Average DOM: 97.1
January – March 2012 Average DOM: 101.2
Days On market – Homes Take 4% More time to sell in 2012
January – March 2011 Total $ Sold: $16,264,900
January – March 2012 Total $ Sold: $7,236,000
Total Volume of Sales is 56% Lower in 2012
January – March 2011 Average Sold Price:$774,519
January – March 2012 Average Sold Price: $482,400
Average Sold Price is 38% Lower in 2012

Demarest Sales 1st Qtr 2011 vs 2012

January – March 2011 Total Sold: 13
January – March 2012 Total Sold: 10
Total Units sold   –  23% Less in 2012
January – March 2011 Average DOM: 126.2
January – March 2012 Average DOM: 137.7
Days On market – Homes Take 9% More time to sell in 2012
January – March 2011 Total $ Sold: $12,418,000
January – March 2012 Total $ Sold: $13,463,800
Total Volume of Sales is 8% Higher in 2012
January – March 2011 Average Sold Price:$955,231
January – March 2012 Average Sold Price: $1,346,380
Average Sold Price is 41% Lower in 2012