July Bergen and Passaic Counties

Passaic County  
Single Family Homes for July
Key Metrics        2019    2020   Change
New Listings        441      495     + 12.2%
Closed Sales       323      267     – 17.3%
DOM*                   59        55     – 6.8%
Median PX       $345K   $360K  + 4.3%
% of PX            99.0%   99.6%  + 0.6%
Inventory          1,373      738     – 46.2%
Months Supply    5.1       2.9      – 43.1%
*Days on Market

Bergen County
Single Family Homes for July
Key Metrics     2019    2020    Change
New Listings   1,070    1,303    + 21.8%
Closed Sales    805      761     – 15.9%
DOM*                53        51      – 3.8%
Median PX    $510K   $565K   + 10.8%
% PX Rec’d    98.2%   98.6%  + 0.4%
Inventory        3,824     2,203   – 42.4%
Month Supply     6.2       3.5     – 43.5%
*Days on Market