It was another positive month for the Bergen County housing market
For the fifth straight month there was an increase in the number of home sales…
- 2% increase for single family homes
- and a 4% increase in multi-family home sales
For the year we averaged a 10% increase in sales for the entire county. That’s a combined increase of337 units!
The dollar volume for sales also increased by 4%.
The only item on the negative side was the average sales price, which declined by 4%
In a future post I’ll analyze the the numbers deeper so that we can all get a better feel for exactly what all of these numbers mean. So don’t jump to any conclusions just yet.
Some bad signs…the ultra luxury home market ($3+ million) in Bergen County is just outright horrible
Stay tuned for more