Summer 2019 Real Estate is Finishing Strong!
Clifton Real Estate Market Report for August 2019
Take a Look at Your Clifton Real Estate Market Report for August 2019
Local Housing STATS for August, 2019
Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 71 units
Media SOLD Price Days on Market Sale to List Ratio
$ 355,000 28 100
Local Housing STATS for August, 2018
Single Homes SOLD (Incl, Condo/Townhomes,Active Comm Homes) : 82 units
Media SOLD Price DOM Sale to List Ratio
$ 335,000 28 98
Approx. Increased by 6% or $20,000 ↑
Do You Know Your Town Absortion Rate?
Typically, AR is the time it would take for all the properties in the market at a particular point in time to all SELL if no new properties enter the MARKET.
Tidbit: What’s Absortion Rate
Ex, If 60-70 Units Sell Every Month and There are Currently 240 Units Active/For Sale
it Would Take Approx. 4-4.5 Months to Sell ALL UNITS (Seller’s Market)
If you’re thinking to MOVE! NOW IS THE TIME TO PROMOTE, PRESENT and PRICE for MAXIMUM GAINS and QUICKEST RESULTS.
These are representative of most markets through-out Northern New Jersey.
It’s Still a Great Time to Move on!
Homes For Sale in Clifton by Price Range
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