Pamela STETSON

You gotta LOVE data!

It is all right here in the numbers and as I have said before....numbers don't lie.

Now, in Oakland, you can see that in the last 6 months between 113 and 117 homes have SOLD. The average days on market is between 118 and 139 ( depending on the price range ) and this does tell us that there is quite a bit of activity in the market. Yes, the days on market my be longer than the haydays of 5 years ago but.... this is not really very long. The days on market number seems to be back to a more realistic sales market based on good pricing, average title search and mortgage processing times, etc.

Now in Oakland, the average sales price is lower than say Mahwah, Saddle River or Franklin Lakes BUT this does represent great value, great location and terrific schools. Close proximity to all major highways, too.

For more information about the town of Oakland, New Jersey go to : www.oakland-nj.org .

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Thinking of buying in OAKLAND or Bergen County, 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/ .

I am preparing to launch a NEW LISTING in SADDLE RIVER in the next couple of weeks so... in doing that prep I ran some numbers that gives you a pretty good sales picture over the past 6 months in this bucolic little town.

Now Saddle River is unique in that most of the homes available for sale are well over the million dollar mark. These LUXURY homes and exclusive properties are obviously not for everyone and yet...They usually need a longer period of time to market to a more particular type of audience ... yet AGAIN... you can see from the data that these homes are selling --- despite what the current news may be forcasting.

I also included the last 3 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 for this LUXURY market where it is not uncommon for homes in this price range to take 18 - 24 months to sell --- the average days on market is 200 days.

As I had mentioned in a separate blog about MAHWAH, which includes another LUXURY, high - end neighborhood, 2 homes in RIO VISTA went into attorney review or under contract in less than 14 days. The real estate market is LOCAL and when homes are priced well...they sell well...

*** Data taken on 1/25/08 from the NJMLS of single family homes either under contract ( 3 months ) or sold (6months). ***

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Thinking of buying in Saddle River or Bergen County, 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/ .

I ran some numbers today to gleen some insight into the sales picture for Mahwah over the past 6 months. I also included the last 3 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 ).

Two homes in RIO VISTA went into attorney review or under contract in less than 14 days. The real estate market is LOCAL and when homes are priced well...they sell well...

*** Data taken on 1/25/08 from the NJMLS of single family homes either under contract ( 3 months ) or sold (6months). ***

For more information about the township of MAHWAH visit : www.mahwahtwp.org .

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Thinking of buying in Walsh Hall, Darlington Village or Rio Vista, Mahwah? 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.

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/ .

This beautiful brick building was once the home to the Newark Catholic Archdocese and Seton Hall Seminary features 92 condominium units set in the heart of the private enclave of Rio Vista Mahwah. The building is divided into 5 sections also known as towers and is aptly named Walsh Hall after the late Archbishop Thomas J. Walsh (1928-52), who spearheaded the expansion of Seton Hall's seminary campus to the former Darlington Estate between 1933-37. The Seminary remained active until 1982 when the Mahwah over 440 acre campus was sold to Darlington Associates.

Restored Fountain in front of Walsh Hall.

After a total renovation, Walsh Hall is one of the premier luxury buildings in Bergen County. The building features: 5 elevators, 276 parking spaces plus 64 covered deeded spaces, Clubhouse & Recreation center, fabulous party room, lounge and game rooms, tennis, bocce and basketball courts are all available for residents. The residents also have use of the Rio Vista outdoor pool, weight room, aerobics center and weight room.

A Condo currently available in Walsh Hall located in Tower 2.

The homes range from a studio-like apartments to 2 bedrooms plus den and 2 baths. All are luxuriously appointed with commercial appliances, granite kitchens and marble baths. The views of the Rio Vista community and surrounding mountainside are outstanding.

Private Gym and Weight Facility for Residents of Walsh Hall.

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Thinking of buying in Walsh Hall, Darlington Village or Rio Vista, Mahwah. 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.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008, www.PamelaStetson.com .

What a wonderful place to call home. Mahwah is often referred to as "Bergen County's Parkland" because within it's 26 mile borders are over 5,000 acres of parks and passive recreation areas.

The Ramapo County Reservation offers many, many trails for hiking, fishing, dog walking and on any given weekend you can see friends and neighbors taking advantage of the beautiful mountain terrain. You may also camp along the ramapo river or bring your canoe for hours of fun & exploration.

The Campgaw Reservation offers over 1,100 acres for hiking and camping. It also features a ski area with a 1,650 foot long chair lift run and man made snow. The park also offers tubing, snowboarding, a lodge with a fireplace and refreshments and it is a popular place with the young crowd during the week. Visit http://www.skicampgaw.com/ .

Darlington County Park features two huge lakes for swimming, another lake for fishing, handball, basketball and tennis courts. The park is open year 'round but there is a charge for summer swimming and picnicers. The park has been a terrific location for Running events and has been very successful at hosting the Mahwah Schools' Foundation annual RUN every September. Darlington County Park is located on Darlington Road in Mahwah right next door to the Mahwah Swim and Tennis facitility.

Darlington County Golf Course An 18 hole, 6,547-yard golf course on 120 rolling acres located in the foothills of the Ramapo Mountain Range. This course delivers the proper balance between difficulty and playability. Plush landscapes and competitive physical features ensure a pleasurable and challenging golf experience. Other features include a 40-tee concession operated driving range, pro shop, snack bar and deck area. The course is located at 277 Campgaw Road. Mahwah, Clubhouse (201) 327-8770.

For more information about any of the parks in Bergen County visit http://www.co.bergen.nj.us/parks/index.html .

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Know the sales value of your home and your 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.

For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.

Copyright - Pamela Stetson 2008, www.PamelaStetson.com .