Allendale Real Estate Market Conditons
Below are the market statistics for Allendale residential homes from the New Jersey MLS system for the period 1/1/2008 through 1/31/2008.
Listing Status | Total | Average List |
Sold | 3 | $ 843,000 |
New | 12 | $ 845,898 |
Under Contract | 8 | $ 806,225 |
Current Active | 31 | $ 921,312 |
Current Inventory remains constant at 31 homes or about 6 months of inventory using the statistic of 61 homes being sold last year. List price to sales price of the three homes which sold in January was down drastically from last years average of 95.169% to 88.573%. These three homes sold in January were on the market for an average of 85 days.
Anything in these numbers you see that you would like to discuss? Would you like to see any other statistics for Allendale or surrounding towns? Send me an email and let me hear your thoughts! I am always interested to hear what you have to say.
If you are interested to find the current value of your home allow me to provide a free Comparative Market Analysis specifically for you. Please visit my website at http://www.bergencounty-homes.com/ or call me directly on my cell phone: 201-674-3114
If you would like a free list of homes for sale in Allendale or would like more information about Allendale, or you would like to be the first to know about hot new listings before other Allendale buyers do, then give me a call at:
James Lockard
RE/MAX Properties
Office: 201-825-6600
Cell: 201-674-3114
Email: jlockard@remax.net
Website: http://www.bergencounty-homes.com/
I use absorption rate statisticcs with both buyers and sellers.
Se my post at: http://activerain.com/blogs/jpeters