Is Bradley Park, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradley Park is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bradley Park was a Buyer's Market.

Key Takeaway

Bradley Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bradley Park, NJ

How much do homes in Bradley Park, NJ cost?

Median Sold Price

$392,500

$467/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$347,500(+772.2%)

Key Takeaway

Homes in Bradley Park have sold for 772.2% more than they did a month ago.

Summary: The median home sold price in Bradley Park was $392,500 in September 2024, up 772.2% from last month, and the median price per square foot was $467.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $45K-
N/A
2 -$250K
N/A
3 -$535K
N/A
4 --
N/A
5+ --
N/A

Summary: Bradley Park housing prices by bedroom type for September 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Bradley Park, NJ

How many homes are available in Bradley Park, NJ?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
109-10.0%

Summary: The Bradley Park real estate market had 9 homes for sale in September 2024, a 10.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 20
-100.0%
2 23
+50.0%
3 44
0.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The Bradley Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradley Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bradley Park in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bradley Park, NJ

How long does it take to sell a home in Bradley Park, NJ?

Average Sale Time

Aug 2024Sep 2024CHANGE
42 Days20 Days-52.4%

Summary: Homes in Bradley Park had an average of 20 days on market in Sep 2024, down by 52.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bradley Park are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Bradley Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Bradley Park, NJ

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