Woodcliff lake New Jersey real estate sales for May 2009, shows the best sales volume since October 2008. The market shows signs of firming at lower prices. Lower prices, pent up demand, low interest rates and renewed credit availability have help bring in buyers to the market. With 8 pending sales and 51 active listings at the end of May, leaves a 6.3 months of inventory. With 6 Homes sold in May compared to 2 in April, along with 8 pending sales, the market could show increases in volume in 2009.
Click on chart to see complete graph series and report.
Richard
REMAX Real Estate Associates-Richard Stabile- Realtor-Builder-Developer
201 573 8811 ext 331 Northern New Jersey's Number 1 new home seller !
Buying or Selling in today's challenging markets, go with the experience and knowledge. Talk to me, you will know your making the right choice. 30 years - over 1000 sales!
copyright 2008 bergencountynewhomes.com, all rights reserved
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved