Dumont NJ Real Estate - 6 Month Market Snapshot
In the following market snapshot for Dumont, NJ real estate, we are looking at residential properties over the last 6 months from data taken from the New Jersey Multiple Listing Service. We can see that in January and February, only four homes sold each month. This was way down from December, when the highest amount of homes for sale in Dumont, sold (12) and is the lowest amount since the beginning of this snapshot in September of 2013. Although the homes aren't closing, there are many under contract as 15 homes were under contract in January and 17 are under contract in February which should lead to higher units sold numbers in March and April. The average number of days on the market (DOM) for sold properties over the last 6 months in Dumont is 85 with the DOM for homes under contract at 98. This number only reflects the last time a property has been listed and does not necessarily take into consideration if a home has already been listed previously, be it consecutively or not. The average median sold price during the past six months is $306,625. This number is trending downward as of now but should expect to rise come the Spring selling season.
For more information about buying or selling real estate in Dumont, or anywhere in Bergen County, call me, Jason Feinman, Sales Associate, ABR, CNE, e-PRO with Coldwell Banker Residential Brokerage, direct on my cell phone at 201-937-9497, at my office at 201-930-8820 or search homes for sale, request a complementary market analysis and more at Bergen County's number one real estate website, my www.PascackValleyHomesForSale.com.
|
|
Total Units Sold for this period: 45 |
Total Units UC for this period:70 |
Average UC DOM for this period: 98 |
Average Median Sold Price for this period: $306,625 |
| --- Information herein deemed reliable but not guaranteed. 3/24/2014 12:43:38 PM --- |
| --- Copyright: 2014 by New Jersey MLS,
Inc. --- |
