Numbers Don't Lie...

Just wanted to give you a snapshot of where we are today, in Mahwah, sales-wise.

We currently have 90 residential homes active on the NJMLS. ( the data is only for single family homes - not condos ) I ran a brief CMA beginning on March 1 and ending today so we can see actual sales, number of days on the market and what percent of asking price the homes sold.

I do this, often, not only for my own information....but I share with my sellers. This info is a valuable way to discuss pricing, market changes, etc., in a factual and less emotional way. The sellers can see, at a glance...that the numbers don't lie. And, the numbers clearly indicate what price point homes are selling at ( or not).

Often, sellers and buyers, get their info from the media and it can be skewed to a specific place outside the sales area or they may go by what friends, neighbors, relatives or even other realtors are telling them.

 Always, rely on the numbers...because numbers don't lie...