CRESSKILL NJ REAL ESTATE REVIEW - 2011 IN A NUTSHELL

Cresskill NJ Real Estate Review - 2011 In A Nutshell

This review consists of the year's statistics in the single-family category.

SOLD 75

AVERAGE PRICE (of homes sold) $704,339

% CHANGE vs 2010 +9.4%

LISTED 161

UNDER CONTRACT 82

BACK ON MARKET 16

WITHDRAWN 65

EXPIRED 73

CURRENTLY ACTIVE 61

ABSORPTION RATE 5.67

MONTHS of ACTIVE INVENTORY 10.75

LIQUIDITY 75%

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Listing Status	Total	Total List/Sale Dollars	Average List Price	Average Sold Price	Median Sold Price	Sale Price/ List Price*	Avg DOM
Sold	75	$ 52,825,418	$ 803,320	$ 704,339	$ 500,000	87.679	88
Co-Broker	61	$ 45,397,918	$ 851,257	$ 744,228	$ 560,000	87.427	88
List/Sold	14	$ 7,427,500	$ 594,451	$ 530,536	$ 358,500	89.248	86
New	161	$ 186,632,234	$ 1,159,206
Under Contract	82	$ 56,624,720	$ 690,545				107
Withdrawn	65	$ 67,144,702	$ 1,032,995				148
Expired	73	$ 120,970,200	$ 1,657,126				256
Back on Market	16	$ 15,637,750	$ 977,359				191
Extended	62	$ 97,613,764	$ 1,574,416				275
Current Active	61	$ 116,357,126	$ 1,907,494

Information deemed reliable but not guaranteed. 2012 New Jersey MLS, Inc.

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See Bergen County NJ Real Estate - 2011 Single Family Review

NJ Real Estate Review - 2011 In A Nutshell