03
Bergen and Passaic Counties
Bergen County
Single Family Homes for April
Key Metrics 2022 2023 Change
New Listings 945 589 – 37.7%
Closed Sales 543 343 – 36.8%
DOM* 35 37 + 5.7%
Median PX $650K $650K + 0.0%
% of PX 103.1% 102.6% – 0.5%
Inventory 1,414 932 – 34.1%
Months Supply 2.1 1.9 – 9.5%
*Days on Market
Passaic County
Single Family Homes for April
Key Metrics 2022 2023 Change
New Listings 324 187 – 42.3%
Closed Sales 231 139 – 39.8%
DOM* 37 50 + 35.1%
Median PX $470K $490K + 4.3%
% PX Rec’d 104.7% 103.5% – 1.1%
Inventory 505 301 – 40.4%
Month Supply 1.9 1.5 – 21.1%
*Days on Market