It Finally Looks Like Summer! 

Clifton Real Estate Market Report for June 2019

Home sales are still on pace and we’re definitely in a more balanced market where buyers desires and sellers expectations are at play as real estate markets are entering a rational appreciation compared to the rapid ascent of prices in the past several years, Still a great time to move on if imminent.  

If you’re thinking to MOVE ON! NOW IS THE TIME TO PROMOTE, PRESENT and PRICE for MAXIMUM GAINS and QUICKEST RESULTS.

Take a Look at Your Clifton Real Estate Market Report for June 2019 (Similar to most in Northern NJ)

Local Housing STATS for JUNE, 2019


Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 60 units

Media SOLD Price    Days on Market     Sale to List Ratio           

       $ 347,000          33              98.5                         

Local Housing STATS for JUNE, 2018


Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 60 units

 Media SOLD Price            DOM     Sale to List Ratio           

       $ 333,000                  36                99.7                         


Mid Year to Year Increase: First 6 Months of 2018 Vs 2019 Same Period.

 

  • The median sale price for First 6 Months of 2018: $340,000
  • The median sale price for First 6 Months of 2019: $349,000

Approximately 3% Increase or $9,000

(1st half of 2019 compared to 2018)

Take a look at 2018 over 2017

 

  • The median sale price for First 6 Months of 2018: $340,000
  • The median sale price for First 6 Months of 2017: $310,000

Increased by 9% or $30,000 ↑

 

 

 .

These are representative of most markets through-out Northern New Jersey.

It’s Still a Great Time to Move on!

 

Last 6 Months of the Year 2017 as Compared to Last Year’s:

July 1st Through December 31, 2017

Single Homes SOLD (Incl, Condo/Town homes,Active Adults) : 409

Media Price                    Sold Price                 Sale to List Ratio            DOM

$329,000                        $325,000                           98.5                        34

 

July 1st Through December 31, 2016

Single Homes SOLD (Incl, Condo/Townhomes,Active Adults) : 371

   Media Price                    Sold Price                 Sale to List Ratio            DOM

310,000                       $305,000                          98%                         39

 6 Months/Year to Year Increase:

Increased by 6.6%  ↑

 

 

 

 

 

 

 

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