Northern New Jersey Weekly Inventory Update

GSMLS – http://www.gsmls.com
(Garden State Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Morris, Passaic, Somerset, Sussex, Union, Warren Counties)

8/30 – 18,743
9/6 – 18,687 (0.3% Decrease)

NJMLS – http://www.njmls.com
(New Jersey Multiple Listing Service)
Single Family Homes, Condo, Coop
(Bergen, Essex, Hudson, Passaic Counties)

8/30 – 9,170
9/6 – 9,119 (0.6% Decrease)

MLSGuide – http://www.mlsguide.com
Single Family Homes, Condo, Coop
(Hudson County)

8/30 – 2,661
9/6 – 2,683 (0.8% Increase)

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12 Responses to Northern New Jersey Weekly Inventory Update

  1. For the curious in Bergen County, here is the number of active residential SFH listings; this does NOT include Condos/Co-ops & Twnhs.

    03/03 3,132
    03/10 3,230
    03/17 3,337
    03/23 3,432
    03/30 3,543

    04/05 3,628
    04/12 3,706
    04/19 3,781
    04/24 3,856

    05/08 4,082
    05/15 4,174
    05/22 4,292
    05/29 4,352

    06/05 4,382
    06/12 4,353
    06/19 4,526
    06/26 4,588

    07/05 4,550
    07/12 4,613
    07/19 4,604
    07/26 4,623

    08/02 4,562
    08/09 4,577 3,207
    08/16 4,574 3,187
    08/23 4,546 3,182
    08/30 4,505 3,210

    As of today 09/06 4,483 Last year: 3,284

  2. Anonymous says:

    and where do we go from
    here grubbers?

  3. Anonymous says:

    Bergen County prices never go
    down.

  4. Anonymous says:

    Guys:

    The realtor who shows me houses in Bergen County is a member of NJMLS – and he sends me an update every evening.

    Is there a place where I can get updates from GSMLS ? Or Do I have to catch hold of a Realtor who is a member of GSMLS ?

    thanks.

  5. Anonymous says:

    anon @ 9/06/2006 05:18:38 PM adds:

    This realtor works for Century21.

  6. Anonymous says:

    Anonymous said…

    Bergen County prices never go
    down.

    9/06/2006 05:17:00 PM

    Have you been reading the Low Ball series ? That’s the hottest Prime time topic these days ;-)

  7. Anonymous says:

    Am i bagholder? Purchased
    in clifton. TH in Cambridge Crossing.

    Seems like many units for sale here.

    Both 2 years ago. At high
    400k range.

    We have a pool.

  8. grim says:

    I count roughly 25 townhomes currently for sale in Cambridge Crossings in Clifton.

    Here are the sales in that development since 8/1:

    10 Barrister
    OLP $399k
    Sold $399k

    147 Brittany
    OLP $425k
    Sold $392.5k

    16 Barrister
    OLP $504k
    Sold $488k

    56 Whiteweld
    OLP $449.9k
    Sold $432.5k

    grim

  9. Richard says:

    starting to see the new and relists before the winter dead season. noticing the initial asking prices are starting to resemble more reasonable prices considering where the market valuations are today. that doesn’t mean these places are bargains but for recent sales they are competitive.

  10. Richard says:

    i know cambridge crossing. looked there a few years ago. looks like you’re driving into disneyland with all those fountains. i’m afraid to say you are a bagholder. there are so many units there with little to differentiate and in a rising inventory market you have little room to stand out. i fear places like cambridge crossings will be quoted prime examples of how condos/townhouses get slaughtered on the other side of a speculative market.

  11. JerseyGirl says:

    Here are the bubble jackels:
    RealtyTrac, an online marketplace for foreclosure properties, said Wednesday it has been listed in the top 500 fastest-growing private U.S. companies by Inc. magazine.
    The Irvine, Cal.-based firm ranked 53 on the list with a three-year growth rate of 1,158%.

    http://tinyurl.com/jkhdm

  12. Anonymous says:

    Time for RealtyTrac to go public and for me to put some $$ into that stock

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