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Median Price Up In NW Bergen

In northwest Bergen, which includes Glen Rock, Ridgewood, Upper Saddle River, Franklin Lakes and nine other areas, the median price was up in December compared with December of 2009. The median was $597,000, up from $555,000. The number of houses sold was up 3%.

In Bergen County overall, however, the median price was down 5.5%, while sales volume was down 1%. And Ridgewood, which experienced rising prices in the spring market, ended down 4.9% from a year earlier. (source: NJMLS. Data deemed reliable but not guaranteed.)

- Michael Shetler

Posted Monday Jan 10