$5,094 Closing Credit*
$429,000
1,400 SqFt
2 Beds
•1 Full Bath, 1 Partial
Listing Office: TERRIE O'CONNOR REALTORS
Is Pequannock, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pequannock was a Neutral Market.
Key Takeaway
Pequannock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pequannock, NJ
How much do homes in Pequannock, NJ cost?
Median Sold Price
$530,000
-
Based on all homes sold in November 2024.
Difference Since Last Month
+$55,500(+11.7%)
Key Takeaway
Homes in Pequannock have sold for 11.7% more than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $450K | $530K | +17.8% |
| 4 Bedrooms | $499K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pequannock housing prices by bedroom type for November 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 increased by 17.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Pequannock, NJ
How many homes are available in Pequannock, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Pequannock real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pequannock housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pequannock, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Pequannock in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Pequannock, NJ
We’re sorry, we don't have information for this market at the moment
