$4,619 Closing Credit*
$389,000
2 Beds
•1 Full Bath, 1 Partial
Matthew O'Hare, Listing Office: Coldwell Banker, Allendale/Saddle River Valley
Is 07663, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 07663 has remained a Buyer's Market.
Key Takeaway
07663 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 07663, NJ
How much do homes in 07663, NJ cost?
Median Sold Price
$520,000
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$207,500(-28.5%)
Key Takeaway
Homes in 07663 have sold for 28.5% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $481K | N/A |
| 3 Bedrooms | - | $520K | N/A |
| 4 Bedrooms | $655K | $710K | +8.4% |
| 5+ Bedrooms | $800K | - | N/A |
Summary: 07663 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.
Housing Supply in 07663, NJ
How many homes are available in 07663, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 27 | +35.0% |
Summary: The 07663 real estate market had 27 homes for sale in October 2024, a 35.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 07663 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07663, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in 07663 in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for 07663, NJ
We’re sorry, we don't have information for this market at the moment
