$10,000 Closing Credit*
$995,000
3 Beds
•3 Full Baths
Sheryl Epstein-Romano, Listing Office: Christies International Real Estate Group-HoHoKus-Ridgewood East
Is Upper Saddle River, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Upper Saddle River was a Seller's Market.
Key Takeaway
Upper Saddle River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Upper Saddle River, NJ
How much do homes in Upper Saddle River, NJ cost?
Median Sold Price
$1,125,000
$597/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.4%)
Key Takeaway
The sold price of homes in Upper Saddle River has remained the same since last year.
Summary: The median home sold price in Upper Saddle River was $1,125,000 in November 2024, down 0.4% from last year, and the median price per square foot was $597.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $735K | $789.5K | +7.4% |
| 4 Bedrooms | $1.0M | $1.1M | +0.9% |
| 5+ Bedrooms | $1.3M | $2.0M | +47.7% |
Summary: Upper Saddle River housing prices by bedroom type for November 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 increased by 7.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 47.7%.
Median Sold Price Compared To Nearby Cities
| Airmont | $772.5K | $818K | +5.9% |
| Upper Saddle River | $1.1M | $1.1M | -0.4% |
| Mahwah Township | $605K | $584.9K | -3.3% |
Housing Supply in Upper Saddle River, NJ
How many homes are available in Upper Saddle River, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 30 | +57.9% |
Summary: The Upper Saddle River real estate market had 30 homes for sale in November 2024, a 57.9% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 6 | +500.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Upper Saddle River 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 remained the same, 3 bedroom homes increased by 500%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Saddle River, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Upper Saddle River in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Upper Saddle River, NJ
How long does it take to sell a home in Upper Saddle River, NJ?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Upper Saddle River has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Upper Saddle River; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
