Saddle River Residential Home Sales Data - July '08

REAL ESTATE is LOCAL! And, you can certainly see that from the data. In addition to sales prices --- which have come down in this bucolic and exclusive town --- always keep an eye on the days on market and the FLP. What is FLP you might ask? Real estate jargon for final list price. The numbers below reflect a sold price of 88.41 % of the homes final listing price. This may be because homes in this town are higher than most other towns in Bergen County.

The data below is from the NJMLS from the past 2 months ending today. There are plenty of good values here and a selection of homes to choose from.

Status

Average

Minimum

Maximum

Avg DOM

Active

$4,233,872

$599,000

$19,888,000

154

Under Contract

$2,893,333

$1,795,000

$3,890,000

Off Market

$4,839,733

$1,759,000

$12,500,000

234

Sold

$2,621,250

$1,780,000

$5,550,000

109

Total Listings

Sold properties closed averaging (88.41%) of their final list price (FLP). This reflects a (11.59%) difference between property sale prices and their *FLP's.

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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.

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All information is deemed reliable but not guaranteed.