Wyckoff New Jersey Real Estate Market Report August 2008

Wyckoff, New Jersey is a highly sought after community. Wyckoff schools are well rated and people are filled with pride when speaking about their town. Wyckoff has many restaurants and a downtown shopping district. Wyckoff is part of Ramapo Indian Hills Regional High School District.

As of today August 16, 2008

There are currently 96 active listings in Wyckoff, New Jersey.

There are 23 properties under contract.

From 2/16/2008 to 8/16/2008 there were 81 properties sold.

Simply put we are looking at approximately 5 months worth of inventory.

Deeper into the Sold numbers...

February 16, 2008 - August 16, 2008 81 Sold properties

Listing Status	Total		Average List Price	Average Sold Price	Median Sold Price	Sale Price/ List Price*
Sold	81		$ 869,804	$ 806,771	$ 717,500	92.753

A Year earlier

February 16, 2007 - August 16, 2007 99 Sold properties

Listing Status	Total		Average List Price	Average Sold Price	Median Sold Price	Sale Price/ List Price*
Sold	99		$ 845,402	$ 799,398	$ 702,500	94.558

Even though the number of sold homes is down year over year, the average list, sold and median prices have all increased.

Wyckoff New Jersey Real Estate Market Update

Presented by Sal & Dawn Poliandro

Statistics taken from New Jersey Multiple Listing Service

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For more information on this or any other topic, call Sal Poliandro, Realtor, Marketing Advisor, Short Sale Specialist

ePRO, SRES at 201-259-2187, or visit our website: www.SalAndDawn.com

Sal can be reached by snail mail at RE/MAX Properties 73 East Allendale Road Saddle River, NJ 07458