Hillsdale NJ Sales Report for 2008 shows, 73 residential units vs 68 in 2007. Total sales of $39,515,900 in 2008 vs 39,313,698. This is the 1st up year in four. These are all Brokers sales, reported to NJMLS in Bergen County New Jersey.
Average Median price has declined 13.51 from high year in 2006. Hillsdale has fared well, compared to most areas of the country. See the chart below for median price changes. A complete Hillsdale report with data statistic and multiple charts are available.
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River Vale, Bergen County New Jersey sales analysis of homes sold in 2008. The data shows a decline of 28.28% in over all sales volume from high year. Average sales price declines from high year by only 9.53%,while median price declines by only 11.49 percent from high year. Data source is NJMLS all Brokers residential sales.
Full charts and data analysis can be found at River Vale real estate sales.
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Old Tappan, Bergen County New Jersey sales analysis of homes sold in 2008. The data shows a decline of 30.5% in over all sales volume from high year. Average sales price declines from high year by only 5.39%,while median price declines by only 9.55 percent from high year. The growth of larger homes over recent years have supported the drop in pricing.
Full charts and data analysis can be found at Old Tappan real estate sales.
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Saddle River, Bergen County New Jersey Sales report for 2008 covering Broker sales as reported by the NJMLS. Over all dollar volume has decline over 40%, Unit sales over 50%. Median price declined only 2% form 2007 high year. However, average sales price has hit a new high in price. Saddle River is a fairly unique town for home values. There were a few high individual sales which raised the average. Saddle River has a great varients in property values due to many large estates.
View charts and analysis for Saddle River Sales
| Year | Units | Sales Volume | Average list | Average Sale | Median Sale |
| 2003 | 53 | $98,653,000 | $1,984,404 | $1,861,377 | $1,680,000 |
| 2004 | 51 | $100,075,300 | $2,048,977 | $1,962,261 | $1,700,000 |
| 2005 | 53 | $128,042,315 | $2,613,374 | $2,415,893 | $1,895,000 |
| 2006 | 44 | $103,354,377 | $2,583,064 | $2,348,963 | $1,897,500 |
| 2007 | 36 | $85,322,000 | $2,626,994 | $2,370,056 | $2,175,000 |
| 2008 | 26 | $76,579,999 | $3,348,500 | $2,945,385 | $2,137,500 |
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Woodcliff lake, Bergen County New Jersey, has shown sale volume decline, almost 45% while average price decline from high year less then 15%. This is considerably less than most areas of the country. The median price decline 11%. See chart and report on Woodcliff lake sales.
Year Units Total sales Average List Ave Sale Median
| 2003 | 48 | $36,638,800 | $785,175 | $763,308 | $674,750 |
| 2004 | 69 | $54,610,600 | $822,592 | $791,458 | $715,000 |
| 2005 | 75 | $68,480,750 | $944,468 | $913,077 | $840,000 |
| 2006 | 50 | $49,219,450 | $1,044,357 | $984,389 | $817,500 |
| 2007 | 56 | $53,742,172 | $1,027,047 | $959,682 | $827,000 |
| 2008 | 45 | $37,723,890 | $916,975 | $838,309 | $750,000 |
Woodcliff Lake is a unscale community. It is interesting to note the median sales price, average sales price and average list prices are still ahead of 2004. Many areas of the country are at 2003 pricing and some lower.
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Richard
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REMAX Real Estate Associates Owner/President Realtor/Developer/Builder largest seller of new homes in Bergen County/Northern New Jersey. A must for luxury, new home buyers and sellers to meet.
Richard has sold real estate for thirty years in Bergen County, New Jersey. Richard earned many of REMAX top Awards for production including Platinum Club for 10 years in a row, Broker Owner Of the Year, Hall of Fame, and the Prestigious Life Time Achievement Award (selling over 1000 homes). Richard has designed/built/sold all or part about 550 new custom homes. Sold over 700 residential lots. Developed sold or leased many shopping center and office projects, Including CVS Pharmacies, Staples, and many, many other projects. Currently construction and sale of new luxury homes is my specialty.
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Current new homes available at: Alpine, Franklin Lakes, Hillsdale, River Vale Colonial Estates, Old Tappan, River Vale Cherry Brook Estates, Upper Saddle River, North Haledon, Woodcliff Lake Glen Estates, Saddle River French Estate, Wyckoff.
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I am a Developer, Builder and Realtor. I specialize in design, sale and construction of new luxury homes, I have developed and sold office buildings, shopping centers, condos, and hundreds of houses. My main geographic areas are Northern New Jersey, Bergen County, Pascack Valley, Northern Valley, Saddle River, Upper Saddle River, Woodcliff Lake, Hillsdale, River Vale, Old Tappan, Alpine, Norwood, Montvale, Allendale, Paramus, Township of Washington, Westwood.
Having a complete understanding of markets and their inter-relationships, it affords many advantages to my clients. Understanding construction and land development which includes NJ DEP regulations has enabled me do many real estate transactions that my competition has not been able to effectively compete.
REMAX of NEW JERSEY Broker/Owner of the Year REMAX International Life Time Achievementaward, selling 1000 homes
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