PARAMUS NJ REAL ESTATE REVIEW - 2011 IN A NUTSHELL

Paramus NJ Real Estate Review - 2011 In A Nutshell

This review has all the stats for 2011 in the single-family category.

SOLD 174

AVERAGE PRICE (of homes sold) $575,959

% CHANGE vs 2010 +7.1%

LISTED 507

UNDER CONTRACT 202

BACK ON MARKET 58

WITHDRAWN 182

EXPIRED 146

CURRENTLY ACTIVE 125

ABSORPTION RATE 14.5

MONTHS of ACTIVE INVENTORY 8.6

LIQUIDITY 45%

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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	174	$ 100,216,838	$ 636,614	$ 575,959	$ 530,000	90.472	79
Co-Broker	143	$ 83,142,838	$ 640,296	$ 581,418	$ 530,000	90.805	83
List/Sold	31	$ 17,074,000	$ 619,632	$ 550,774	$ 499,000	88.887	59
New	507	$ 213,285,516	$ 420,681
Under Contract	202	$ 126,590,403	$ 626,685				84
Withdrawn	182	$ 100,295,935	$ 551,077				125
Expired	146	$ 78,979,057	$ 540,952				230
Back on Market	58	$ 39,485,460	$ 680,784				170
Extended	112	$ 69,920,107	$ 624,287				259
Current Active	125	$ 68,409,233	$ 547,274

Information deemed reliable but not guaranteed. 1/21/2012 New Jersey MLS, Inc.

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See how Paramus compares to county-wide stats!

click Bergen County NJ Real Estate - 2011 Single Family Review

Paramus NJ Real Estate Review - 2011 In A Nutshell