Bergen and Passaic Counties
Bergen County
Single Family Homes for July
Key Metrics     2022    2023   Change
New Listings     837    602   – 28.1%
Closed Sales    716     568   – 20.7%
DOM*          29      27   – 6.9%
Median PXÂ Â Â Â $703KÂ Â $708KÂ Â + 0.6%
% of PXÂ Â Â Â Â Â Â 102.6%Â 104.0%Â Â + 1.4%
Inventory      1,835   965  – 47.4%
Months Supply   2.9    2.1  – 27.6%
*Days on Market
Passaic County
Single Family Homes for July
Key Metrics   2022    2023   Change
New Listings   356    239   – 32.9%
Closed Sales   269    195   – 27.5%
DOM*         30     30    – 0.0%
Median PXÂ Â Â Â $500KÂ Â $530KÂ Â Â + 6.0%
% PX Rec’d  105.2%  106.0%  + 0.8%
Inventory     682    367   – 46.2%
Month Supply   2.7   2.0   – 25.9%
*Days on Market