$10,000 Closing Credit*
$2,099,900
3 Beds
•4 Full Baths, 2 Partial
Min K. Lim, Listing Office: Group Twenty Six, LLC
Housing Prices in Demarest, NJ
How much do homes in Demarest, NJ cost?
Median List Price
$1,988,500
-
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$1,043,500(+110.4%)
Key Takeaway
The list price of homes in Demarest has increased by 110.4% since last year.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $850K | $788K | -7.3% |
| 4 Bedrooms | - | $1.5M | N/A |
| 5+ Bedrooms | $1.0M | $2.4M | +136.3% |
Summary: Demarest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 136.3%.
Median List Price Compared To Nearby Cities
| Demarest | $945K | $1.9M | +110.4% |
| Alpine | $15.0M | $5.5M | -63.1% |
Housing Supply in Demarest, NJ
How many homes are available in Demarest, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Summary: The Demarest real estate market had 14 homes for sale in October 2024, a 75.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Demarest 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 28.6%.
Days on Market for Demarest, NJ
How long does it take to sell a home in Demarest, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 80 Days | +1.3% |
Summary: Homes in Demarest had an average listing age of 80 days in Oct 2024, up by 1.3% compared to the previous year.
