Bergen and Passaic Counties
Bergen County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 1,036 702 – 32.2%
Closed Sales 655 485 – 26.0%
DOM* 33 34 + 3.0%
Median PX $690K $700K + 1.4%
% of PX 103.9% 103.0% – 0.9%
Inventory 1,606 925 – 42.4%
Months Supply 2.5 1.9 – 24.0%
*Days on Market
Passaic County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 411 265 – 35.5%
Closed Sales 225 163 – 27.6%
DOM* 34 32 – 5.9%
Median PX $442K $500K + 13.1%
% PX Rec’d 105.3% 105.0% – 0.3%
Inventory 609 341 – 44.0%
Month Supply 2.3 1.7 – 26.1%
*Days on Market