RAMSEY NJ CONDO REVIEW - 2011 IN A NUTSHELL

Ramsey NJ Condo Review - 2011 In A Nutshell

This review has all the stats for 2011 in the condo & townhouse category.

SOLD 44

AVERAGE PRICE (of units sold) $378,528

% Change vs 2010 5.9%

LISTED 121

UNDER CONTRACT 67

BACK ON MARKET 15

WITHDRAWN 35

EXPIRED 35

CURRENTLY ACTIVE 45

ABSORPTION RATE 3.67

MONTHS of INVENTORY 12.25

LIQUIDITY 52%

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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	44	$ 16,655,214	$ 390,938	$ 378,528	$ 319,000	96.826	114
Co-Broker	32	$ 11,554,865	$ 373,695	$ 361,090	$ 313,000	96.627	105
List/Sold	12	$ 5,100,349	$ 436,921	$ 425,029	$ 382,500	97.278	139
New	121	$ 51,129,849	$ 422,561
Under Contract	67	$ 27,441,857	$ 409,580				115
Withdrawn	35	$ 13,203,100	$ 377,231				129
Expired	35	$ 11,633,288	$ 332,380				223
Back on Market	15	$ 5,596,760	$ 373,117				137
Extended	44	$ 20,665,779	$ 469,677				206
Current Active	45	$ 17,817,286	$ 395,940

Information deemed reliable but not guaranteed. 1/25/2012 New Jersey MLS, Inc.

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I'm Brian Morgenweck, Broker/Owner of Power Realty Group.

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Compare Ramsey to county-wide stats!

See Bergen County NJ Real Estate - 2011 Condo Review

Ramsey NJ Condo Review - 2011 In A Nutshell