Here is your 2007 Ridgewood Real Estate Market Recap
There were 337 Listings Sold!
An average list price of $864,636
An average sold price of $821,230
Sale price as a percentage of list price was 94.98%
So overall in 2007 sellers were only coming down about 5% from their asking price.
The average home selling price was within a few thousand dollars of 2005.
2007 proved to be a year where people were still buying and selling.
Let us compare these numbers to previous years...
In 2006
There were 315 Listings Sold!
An average list price of $927,965
An average sold price of $871,627
Sale price as a percentage of list price was 93.92%
In 2005
There were 368 Listings Sold!
An average list price of $831,970
An average sold price of $818,518
Sale price as a percentage of list price was 98.38%
Ridgewood Real Estate Market Recap presented by
Sal and Dawn Poliandro - Ridgewood Realtors
RE/MAX Properties 81 North Maple Avenue Ridgewood, NJ 07450
201-259-2187
More information that you must have before buying or selling Ridgewood Real Estate can be found
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For more information on this or any other topic, call Sal Poliandro, Broker Associate, Realtor, Marketing Advisor,
Short Sale Specialist and CDPE, Certified Distressed Property Expert
ePRO, SRES at 201-259-2187, visit our websites: www.SalAndDawn.com or shortsaleguy.org
Follow me on Twitter: @salanddawn
Sal can be reached by snail mail at RE/MAX Properties 73 East Allendale Road Saddle River, NJ 07458
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