Bergen County Market Update – 4/4/2024

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Home Values up 13%

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Jay Costa

Agent
Investor
Builder

Median Sales Price Up 13%

Even with the average 30 year mortgage rates in the high 6% to low 7% range, the median home values are still up big in Bergen County.

As of the end of March, the median sales price in Bergen County is up 13% compared to this time last year.

With such extreme low inventory, buyers have simply priced in higher mortgage rates and the pent up demand is still there to push sales prices in our area higher.
 

The market is only going to get stronger for sellers until around August, so if you are looking to sell either on or off market, please click HERE or simply reply to this email for an immediate offer and/or value on your property.
 

As always, if there is anything I can ever do to help you, please call, text, or reply to this email.


-Jay

Click To Request an Offer on Your Property

Recent Market Activity

 
Jay Costa
eXp Realty
201-429-5535
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