Park Ridge New Jersey | Market Reports August 2009

Park Ridge NJ Real Estate Report|August 09' Single Family Home Sales saw Seven homes closing in the Pascack Valley town of Park Ridge in the sunny month of August. The Summer 2009 real estate market is coming to a close. With interest rates low, qualified Buyers can take advantage of some wonderful opportunities to own a piece of Small Town America! There is no place like A New Park Ridge Home!

The town of Park Ridge is constantly changing to keep up with the times while maintaining that desirable small town feel. Residents can take advantage of the many amenities offered by this Pascack Valley town.

Below is a representation of our current market trends here in Park Ridge New Jersey.

I think these graphs are pretty terrific and basically tell you the full scope of our current market here.

First the past 13 Months:





Below is our August past month graph:




The past market going back to October of 07....

Average List Price................$ 652,384

Average Sold Price..............$ 611,100

Median Sold Price..............$ 570,000

Sale/List Price....................... 82.979 (17-18% differential)

There are currently 35 Actively Listed homes in the town of Park Ridge with an average List Price of $635,080. There are some fantastic opportunities in this popular town with prices for every budget.

Click here to view all Park Ridge Local Listings