Clifton Real Estate Market Report for June 2019

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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