Real Estate Market Snapshot: Oakland, New Jersey

You gotta LOVE data!

It is all right here in the numbers and as I have said before....numbers don't lie.

Now, in Oakland, you can see that in the last 6 months between 113 and 117 homes have SOLD. The average days on market is between 118 and 139 ( depending on the price range ) and this does tell us that there is quite a bit of activity in the market. Yes, the days on market my be longer than the haydays of 5 years ago but.... this is not really very long. The days on market number seems to be back to a more realistic sales market based on good pricing, average title search and mortgage processing times, etc.

Now in Oakland, the average sales price is lower than say Mahwah, Saddle River or Franklin Lakes BUT this does represent great value, great location and terrific schools. Close proximity to all major highways, too.

For more information about the town of Oakland, New Jersey go to : www.oakland-nj.org .

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Thinking of buying in OAKLAND or Bergen County, New Jersey? Let me help you. Know the sales value of your new home and your new neighborhood * based on actual market comps. Allow me to present a Comparative Market Analysis to you that is customized to your home, finances and your specific needs. This will give you detailed information about pricing and selling your home in the current market or BUYING your home in your new neighborhood.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008, http://www.pamelastetson.com/ .