Real Estate Market Snapshot / Ramsey, NJ - Homes

I took this photo early this am along Darlington Road, Ramsey.

So, while numbers crunching in other Bergen County Towns, I thought it was time to visit the SALES Data to garner some insight into the sales picture for RAMSEY over the past 6 months for single family residences.

I also included the last 6 months for the homes under contract or pending sale. From the chart below, you can see when homes are priced right.... they sell...some at the higher end of the price range...going into contract pretty quickly ( contrary to the media's point of view ).

Location and pricing are key to fast sales in this ( or any other market )

*** Data taken on 04/29/2008 from the NJMLS of single family homes either under contract ( 6 months ) or sold (6months). ***

Status

Average

Minimum

Maximum

Avg DOM

Active

$830,383

$399,000

$2,598,000

Under Contract

$828,539

$499,900

$2,100,000

Sold

$717,173

$410,000

$1,500,000

138

Total Listings

142

Sold properties closed averaging (96.32%) of their final list price (FLP). This reflects a (3.68%) difference between property sale prices and their *FLP's.

All information is from the NJMLS and is deemed reliable but not guaranteed.

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Thinking of buying or selling your home in RAMSEY, 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/

Posted Wednesday Apr 30