As of today July 30, 2007
There are currently 111 active listings in Wyckoff.
There are 34 properties under contract.
From 4/30/2007 to 7/30/2007 there were 46 properties sold.
Simply put we are looking at approximately 7.5 months worth of inventory.
A year ago today
There were 124 active listings in Wyckoff.
There were 60 properties under contract.
From 4/30/2006 to 7/30/2006 there were 48 properties sold.
Approximately 8 months worth of inventory.
I believe we are in a better position than a year ago, however 7.5 months of inventory is still a lot of homes.
Wyckoff Real Estate Market Update
Presented by Sal & Dawn Poliandro
Statistics taken from New Jersey Multiple Listing Service
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Sal can be reached by snail mail at RE/MAX Properties 82 East Allendale Road Suite 4B Saddle River, NJ 07458