The Passaic County housing market closed strong in the fourth quarter of 2015, with solid increases in both sales and prices. As a result, Passaic finished its third straight year of meaningful price appreciation, clearly indicating that it is moving into a seller’s market. Sales. Passaic sales continued to go up in the fourth quarter, rising almost 7% and finishing the year … [Read more...]
Archives for February 2016
So What’s Going on in the Bergen County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
The Bergen County housing market continued to expand in the fourth quarter, with both sales and prices up. For the calendar year, Bergen saw a solid increase in sales and modest but measurable price appreciation. Sales. Bergen single-family home sales finished the year strong, with sales up almost 8% for the quarter and over 10% for the calendar year. This marked the fifth … [Read more...]
So What’s Going on in the Market?: The Rand Quarterly Market Report for the Northern New Jersey Region for 2015Q4
The Northern New Jersey housing market finished 2015 in a flourish, with sharp increases in sales and emerging signs of meaningful price appreciation. As 2016 begins, the region seems to be moving into a fully-realized seller’s market that will be characterized by declining inventory, increasing sales, and rising prices. Sales were up over 8% for the region, rising in every … [Read more...]
So What’s Going on in the Dutchess County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Dutchess finished the year strong, with a nice increase in sales activity coupled with the first small signs of meaningful price appreciation. For the year, sales were up sharply while prices were basically flat. Sales. Dutchess County single-family home sales surged again in the fourth quarter, with transactions up 11% from last year. This marked the fifth quarter in a row … [Read more...]
So What’s Going on in the Putnam County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Activity in Putnam surged in the fourth quarter of 2015, with sales up sharply, hitting levels we have not seen in over ten years. And although prices took a dip in the quarter, they were relatively flat for the year. Sales. Putnam sales surged again in the fourth quarter, rising almost 12% from last year and up almost 21% for the year. Indeed, we have now seen sustained … [Read more...]