Real Estate for sale Park Ridge, New Jersey. Home sales volume, average list price, average sales price, median price, home sales.
Park Ridge real estate analysis and reports.
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Real Estate sales
Park Ridge Homes sales

REMAX Real Estate Associates  201 573 8811 ext 331
Richard Stabile    Mobile 201 819 4541   
123 Broadway Woodcliff Lake, New Jersey 07677
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Real estate sales Park Ridge, Bergen County New Jersey 07656.

Source : NJMLS, deemed reliable but not guaranteed. Includes all broker sales.
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Park Ridge 6 year comparison of Residential home sales activity of property
sold by Brokers belong to the New Jersey Multiple Listing Service
              2003 to 2008 full years.
The Comparison shows :
***************************48.45% decline in total sales dollars from 2005.
***************************6.22% decline in average list price from 2007.
***************************10.17% decline in average sales price from 2007.
***************************15.09% decline in median sales price from 2007.
*************************** 29.89% decline in unit home sales from 2005
*************************** 9% increase in unit home sales over 2007

Declines in home sale in Park Ridge NJ, was moderate compared to many
parts of the country. Areas of the country which had a large supply of property
to build, were far more speculative than Park Ridge. The correction is more
reflective in lower sales volume, than price declines.
Year

2003
2004
2005
2006
2007
2008
 Units

79
66
87
70
56
61
 Sales Volume

$38,508,944
$35,086,350
$53,130,952
$44,117,328
$36,926,449
$36,132,277
 Average list

$500,890
$534,491
$620,828
$655,523
$698,358
$654,951
 Average Sale

$487,455
$531,611
$610,701
$630,248
$659,401
$592,332
 Median Sale

$445,000
$480,000
$585,000
$565,000
$636,000
$540,000
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