Residential 1-Family 

Market Absorption Rate
 
 (7+  = Buyers Market)
May 2021:  1.7
*Seller's Market*

Bergen County Single Family

New listings this month: 1063

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-'16 '16-'17  '17-'18  '18-'19 '19-'20 '20-'21
January $461 $591 $505 $540 $553 $564 $612 $602 $717 342 360 355 414 467 394 410 456 640 115 87 80 88 80 67 67 70 50 28% -17% 7% 7% 2% 9% -2% 19%
February     $603 $570 $528 $512 $570 $598 $523 $636 $718 257 265 293 368 336 314 349 422 482 103 91 91 93 81 83 70 75 57 -6% -8% -3% 11% 5% -14% 21% 13%
March $520 $550 $556 $538 $604 $572 $570 $619 $715 364 314 356 466 431 458 469 464 634 108 102 96 86 86 75 74 69  51 6% 1% -3% 12% -6% 0 9%  16%
April $510 $542 $557 $564 $594 $600 $582 $642 $749 434 391 399 433 431 546 512 407 615 95 86 80 81 72 62 68 56 50 6% 2% 1% 5% 1% -3% 10% 17%
May $573 $592 $577 $573 $581 $608 $605 $653 $769 509 450 457 565 618 599 641 457 610 85 79 77 62 61 61 58 57 41 3% -3% -1% 1% 5% 0 8% 18%
June $608 $580 $610 $578 $638 $623 $615 $658   640 562 713 801 817 774 709 520   72 61 64 63 54 51 51 57   -5% 5% -6% 10% -2% -1% 7%  
July $617 $609 $630 $621 $623 $626 $630 $689   728 688 810 708 740 809 856 745   63 61 58 61 53 50 50 53   -1% 3% -1% 0% 0% 1% 9%  
August $600 $582 $597 $585 $614 $609 $639 $704   726 644 688 794 768 828 840 465   67 63 61 61 56 49 53 48   -3% 3% -2% 5% -1% 5% 10%  
September $578 $573 $580 $572 $595 $601 $585 $719   515 472 553 593 610 529 611 832   77 74 62 67 59 53 58 51   -1% 1% -1% 4% 1% -3% 23%  
October $550 $552 $533 $576 $559 $595 $620 $631   485 496 537 548 565 539 586 1673   77 86 72 71 63 59 59 46   0 -4% 8% -3% 6% 4% 2%  
November $554 $539 $470 $568 $557 $562 $582 $704   405 380 281 521 517 507 530 705   82 89 84 72 70 61 62 49   -3% -15% 21% -2% 1% 4% 21%  
December $544 $545 $581 $575 $590 $604 $620 $709   474 508 528 622 559 548 575  901   89 89 78 76 70 71 67 45   0 7% -1% 3% 2% 3% 14%  
  $560 $569 $560 $567 $590 $597 $599 $664 $734 5879 5530 5960 6833 6859 6845 7088 7146 2981 86 81 75 73 67 62 60 56 49 2% -2% 2% 4% 1% 0% 11% 17%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change

 Figures in this chart are for reference only and are subject to errors, omissions, and changes.


 

Condominiums (Townhouses)

Market Absorption Rate
(7+  = Buyers Market)
May 2021:  2.5
*Seller's Market* 
 

Bergen County Condominiums / Townhouses

New listings this month: 339

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-'16 '16-'17  '17-'18 '18-'19 '19- '20 '20- '21
January $390 $397 $420 $354 $428 $459 $441 $429 $470 99 95 110 70 132 119 156 143 187 108 88 99 92 98 75 73 75 64  2% 6% -19% 21% 7% -4% -3% 10%
February     $392 $378 $443 $449 $439 $461 $411 $437 $528 108 81 76 124 127 130 129 134 179 108 158 108 106 91 79 75 82 60 -4% 17% 1% -2% 5% -12% 6% 21%
March $429 $370 $400 $414 $418 $409 $434 $431 $453 109 137 121 163 185 137 144 162 222 112 103 113 102 79 79 67 67 67 -16% 8% 4% 1% -2% 6% -1% 5%
April $394 $569 $390 $407 $430 $435 $528 $445 $489 141 54 134 147 159 180 67 115 228 106 100 120 87 80 67 81 57 59 44% -46% 4% 6% 1% 21% -21% 10%
May $411 $361 $393 $434 $420 $436 $410 $454 $485 156 94 133 181 210 183 186 89 235 110 84 85 91 65 58 76 72 52 -14% 9% 10% -3% 4% -6% 11% 7%
June $411 $410 $414 $299 $417 $427 $371 $444   150 153 186 131 248 216 139 114   88 70 86 78 83 63 52 80   0 1% -38% 39% 2% -15% 20%  
July $439 $451 $425 $450 $406 $458 $437 $444   198 178 189 185 190 223 201 154   104 82 78 75 57 56 62 71   3% -6% 6% -11% 11% -5% 2%  
August $419 $422 $434 $419 $437 $464 $461 $475   204 154 173 195 219 200 213 134   96 87 83 76 63 65 64 59   1% 3% -4% 4% 11% -1% 3%  
September $399 $419 $386 $438 $406 $475 $432 $480   155 154 157 195 189 191 185 237   98 85 83 83 65 65 67 57   5% -9% 13% 8% 17% -10% 11%  
October $395 $437 $438 $435 $419 $467 $447 $448   153 150 185 175 184 187 191 528   107 82 80 77 75 70 74 55   10% 0 -1% -4% 11% -4% 0%  
November $439 $415 $402 $414 $444 $496 $444 $471   109 141 130 171 154 165 175 208   92 92 92 78 74 74 66 47   -06% -3% 3% 7% 12% -12% 6%  
December $398 $404 $462 $422 $426 $510 $478 $478   150 143 189 175 171 180 208 268   95 87 92 84 75 72 77 61   2% 14% -9% 1% 20% -7% 0%  
  $410 $419 $417 $411 $424 $458 $441 $453 $485 1732 1534 1783 1912 2168 2111 1994 2286 1051 102 93 93 86 75 69 70 65 64 2% -1% -3% 6% 8% -4% 3% 11%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change

 
Figures in this chart are for reference only and are subject to errors, omissions, and changes.

 

Residential Sales - All Types

Market Absorption Rate
(7+  = Buyers Market)
May 2021:  2.49
*Seller' Market*

Essex County Residential - All Types

New listings this month809

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-  '16 '16-  '17  '17-'18 '18-'19 '19-'20 '20-'21
January $452 $444 $490 $411 $481 $478 $422 $438 $593 203

243

254 270 290 291 300 402 430 102 81 74 84 74 62 62 65 38 -2% 10% -19% 17% -1% -13% 4% 35%
February     $395 $426 $453 $408 $425 $398 $406 $459 $541 177 205 184 238 269 253 266 333 353 116 92 84 73 79 60 63 63 43 8% 6% -11% 4% -7% 2% 13% 18%
March $472 $456 $426 $432 $416 $443 $437 $504  $562 223 237 271 292 338 323 417 374 483 110 90 90 82 67 58 57 60  46 -4% -7% 1% -4% 6% -1% 15% 12%
April $450 $446 $510 $482 $483 $488 $507 $527 $606 271 285 322 348 350 385 464 374 463 110 80 77 73 57 53 62 44 45 -1% 14% -6% 0% 1% 4% 4% 15%
May $524 $537 $565 $503 $536 $511 $508 $540 $647 335 321 334 395 470 431 602 346 514 77 69 66 66 53 52 44 47   2% 5% -12% 7% -5% 0 6% 20%
June $566 $565 $547 $532 $554 $539 $554 $583   405 452 505 520 579 579 584 440   67 64 55 75 44 43 44 48   0 -3% -3% 4% -3% -3% 5%  
July $516 $556 $536 $542 $537 $559 $547 $604   499 497 560 547 520 591 667 561   61 57 56 50 47 46 43 47   8% -4% 1% -1% 4% -2% 10%  
August $563 $598 $553 $586 $560 $514 $552 $674   518 454 536 545 607 681 629 693   62 59 47 50 49 50 46 40   6% -8% 6% -5% -9% 7% 22%  
September $510 $546 $493 $499 $502 $472 $482 $585   353 347 376 388 423 375 462 690   77 70 61 62 58 47 49 38   7% -11% 1% 1% -6% 2% 21%  
October $474 $414 $421 $457 $439 $444 $460 $606   336 341 416 377 432 418 473 657   85 70 77 65 62 52 53 36   -14% 2% 9% -4% 1% 4% 32%  
November $455 $520 $464 $434 $480 $464 $490 $599   272 273 296 352 376 452 418 595   88 75 65 69 54 48 47 42   14% -12% -7% 11% -3% 5% 22%  
December $466 $473 $496 $450 $505 $447 $476 $573   341 379 398 436 412 420 512 644   73 114 79 67 57 50 54 36   2% 4% -10% 12% -13% 6% 21%  
  $487 $498 $496 $478 $493 $480 $487 $558 $597 3933 4034 4452 4708 5066 5199 5794 6109 2243 86 77 69 68 58 52 52 47 42 2% 0% -4% 4% -3% 1% 15% 20%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change

 
Figures in this chart are for reference only and are subject to errors, omissions, and changes.

 

Residential Sales - All Types
Market Absorption Rate  
(7+  = Buyers Market)
May 2021: 2.78
*Seller' Market*
 

Passaic County Residential - All Types

New listings this month470

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-  '16 '16-  '17  '17-'18  '18-'19 '19-'20 '20-'21
January $304 $301 $286 $308 $310 $306 $314 $354 $420 170 132 166 169 217 203 209 237 295 124 95 109 99 93 74 69 64 49 -1% -5% 8% 1% -1% 3% 13% 19%
February     $290 $307 $293 $282 $305 $319 $328 $350 $390 137 119 135 164 175 171 193 201 228 115 109 108 99 87 81 72 78 54 6% -5% -4% 8% 5% 3% 7% 11%
March $285 $303 $298 $298 $295 $323 $334 $345  $410 167 166 168 176 249 245 259 204  280 127 106 114 102 77 85 72 75  46 6% -2% 0% -1% 9% 3% 3% 19%
April $295 $277 $305 $305 $314 $322 $333 $378 $426 177 170 173 236 210 252 254 188 276 112 89 106 93 77 72 62 55 47 -6% 10% 0% 3% 3% 3% 14% 12%
May $298 $294 $323 $312 $315 $342 $347 $397 $432 202 227 192 242 299 297 322 207 320 114 86 79 78 69 64 60 60 39 -1% 10% -4% 1% 9% 1% 14% 9%
June $307 $340 $328 $325 $324 $341 $346 $370   225 246 291 320 358 317 320 245   103 80 81 75 68 56 58 64   11% -4% -1% 0% 5% 1% 7%  
July $322 $335 $324 $320 $338 $338 $350 $375   289 248 344 321 342 351 370 298   90 69 77 72 64 56 52 55   4% -4% -1% 6% 0% 4% 7%  
August $312 $328 $334 $321 $336 $348 $366 $406   269 221 270 340 389 361 363 385   77 79 82 73 61 50 49 42   5% 2% -4% 5% 4% 5% 11%  
September $398 $309 $316 $324 $337 $330 $342 $415   256 244 274 279 306 274 306 412   85 73 88 73 60 68 57 46   -29% 2% 3% 4% -2% 4% 21%  
October $313 $309 $301 $297 $299 $334 $355 $398   217 270 274 275 287 299 328 404   86 85 94 81 74 66 57 49   -1% -3% -1% 1% 12% 6% 12%  
November $500 $299 $333 $306 $322 $320 $354 $423   173 198 202 271 269 253 273 367   103 113 87 83 66 61 61 41   -67% 11% -9% 5% -1% 11% 19%  
December $317 $294 $324 $293 $323 $340 $349 $406   195 241 275 318 329 291 312 457   108 85 98 82 71 60 67 44   -8% 10% -6% 10% 5% 3% 16%  
  $328 $308 $314 $308 $318 $330 $343 $385 $417 2477 2482 2764 3111 3430 3314 3509 3605 1119 115 104 94 84 72 66 61 56 47 -7% 2% -2% 4% 4% 4% 12% 14%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change
 
Figures in this chart are for reference only and are subject to errors, omissions, and changes.

 

Residential Sales - All Types

Market Absorption Rate
(7+  = Buyers Market)
May 2021:  2.63

*Seller' Market* 

Morris County Residential - All Types

New listings this month955

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-  '16 '16-  '17  '17-'18  '18-'19 '19- '20 '20-'21
January $447 $458 $503 $453 $459 $484 $450 $481 $546 250 293 271 305 349 385 309 442 490 92 82 74 83 73 69 67 69 41 2% 10% -11% 1% 5% -8% 7% 14%
February     $462 $437 $495 $472 $467 $437 $527 $461 $563 247 218 220 283 286 271 288 316 419 99 87 90 88 78 76 75 67 50 -6% 13% -5% -1% -7% 21% -14% 22%
March $416 $453 $460 $460 $451 $483 $482 $470  $580 331 310 286 343 352 385 382 403 539 105 84 94 95 83 63 68 67  46 9% 2% 0% -2% 7% 0 -3%  23%
April $483 $502 $487 $484 $474 $497 $483 $495 $590 411 341 324 454 445 418 449 418 580 94 86 86 72 68 97 57 51 42 4% -3% -1% -2% 5% -3% 2% 19%
May $496 $483 $505 $494 $489 $525 $505 $506 $606 498 378 412 454 555 504 564 369 578 74 78 64 64 60 51 52 52 30 -3% 5% -2% -1% 7% -4% 0% 20%
June $501 $519 $554 $511 $555 $525 $521 $543   574 558 618 714 665 667 657 492   77 64 58 61 53 46 46 55   4% 7% -8% 9% -6% -1% 4%  
July $538 $512 $529 $527 $529 $520 $532 $558   668 666 616 552 581 646 678 695   65 55 62 56 50 44 45 51   -5% 3% 0% 0% 2% 2% 5%  
August $498 $526 $507 $532 $539 $514 $529 $570   627 577 558 640 656 681 713 839   67 66 64 61 54 50 52 49   6% -4% 5% 1% -5% 3% 8%  
September $473 $492 $472 $470 $475 $467 $480 $542   437 460 442 509 494 430 508 756   76 71 67 66 64 50 57 51   4% -4% -0% 1% -2% 3% 13%  
October $468 $450 $484 $480 $461 $465 $494 $549   431 492 416 495 486 478 543 779   83 70 77 68 64 59 60 43   -4% 8% -1% -4% 1% 6% 11%  
November $440 $465 $450 $443 $457 $520 $475 $588   386 400 366 453 451 457 500 766   79 82 82 67 60 61 58 41   5% -3% -2% 3% 14% -10% 24%  
December $461 $453 $449 $478 $496 $474 $483 $566   436 443 473 489 459 397 530 749   81 72 81 77 65 59 66 45   -2% -1% 6% 4% -5% 2% 17%  
  $474 $479 $491 $484 $488 $493 $497 $527 $576 5296 5136 5002 5691 5779 5719 6121 7024 2606 83 75 75 72 64 60 59 53 47 1% 3% -2% 1% 1% 1% 6% 19%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change

 
Figures in this chart are for reference only and are subject to errors, omissions, and changes.

 

Residential Sales - All Types

Market Absorption Rate
(7+  = Buyers Market)
May 2021:  3.08
*Seller' Market* 
 

Sussex County Residential - All Types

New listings this month401

 

Month

Ave. Sale Price  (x1000)

Homes Sold

Days On The
Market

Sales Price
%
Increase / Decrease

'13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13 '14 '15 '16 '17 '18 '19 '20 '21 '13-  '14 '14-  '15 '15-  '16 '16-  '17   '17-'18   '18-'19 '19-'20 '20-'21
January $233 $219 $226 $204 $228 $194 $243 $246 $332 81 110 86 126 159 176 146 180 238 149 135 115 120 107 81 84 78 53 -6% 3% -11% 12% -18% 25% 1% 35%
February     $220 $220 $240 $226 $202 $197 $224 $246 $336 70 64 75 105 131 176 124 179 178 140 147 121 115 98 85 89 93 59 0% 9% -6% -12% -3% 14% 10% 37%
March $263 $234 $249 $206 $201 $233 $211 $264  $321 90 105 97 137 196 160 212 190  235 130 137 115 121 109 92 80 81 55 -12% 6% -21% -2% 16% -10% 25% 22%
April $212 $225 $216 $217 $247 $236 $241 $278 $329 113 113 129 172 175 204 190 195 244 139 120 141 114 91 91 87 67 49 6% -4% 0% 14% -4.6% 2% 15% 18%
May $249 $214 $238 $247 $219 $245 $237 $262 $355 110 129 128 159 239 225 227 231 236 138 147 123 113 102 86 83 69 41 -16% 11% 4% -13% 12% -3% 11% 35%
June $264 $246 $252 $237 $240 $253 $249 $281   131 145 172 194 244 290 300 240   118 119 122 99 76 84 74 75   -7% 2% -6% 1% 5% 2% 13%  
July $259 $245 $250 $227 $230 $270 $250 $318   127 142 180 171 234 262 292 346   123 145 115 101 80 76 70 70   -4% 2% -10% 1% 17% -8% 27%  
August $248 $265 $233 $253 $242 $242 $266 $310   161 172 193 236 268 249 297 372   109 104 100 108 83 75 69 59   7% -14% 9% -5% 0 10% 17%  
September $247 $230 $246 $299 $398 $245 $251 $344   118 151 171 190 719 215 250 346   123 124 112 102 68 81 75 62   -7% 7% 22% 33% -62% 2% 37%  
October $253 $214 $212 $224 $212 $245 $249 $329   148 133 189 179 249 240 265 384   120 118 108 104 85 84 68 58   -18% -1% 6% -6% 15% 2% 32%  
November $258 $226 $218 $252 $230 $235 $242 $332   142 97 129 199 224 215 214 302   138 125 101 96 89 76 83 52   -14% -4% 16% -10% 2% 3% 37%  
December $262 $221 $221 $231 $234 $234 $263 $331   116 119 181 216 230 175 233 393   136 135 105 126 116 90 81 53   -19% 0 5% 1% 0% 12% 26%  

 
$247 $230 $233 $235 $240 $236 $244 $295 $338 1407 1480 1730 2084 3068 2587 2750 3358 1131 130 130 114 110 92 83 79 68 51 -8% 1% 1% 1% -2% 4% 21% 29%
Yearly Average Sale Price Yearly Number of Homes Sold Yearly Average Days On Market Yearly Average Sales % Change
 Figures in this chart are for reference only and are subject to errors, omissions, and changes.