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 PX $703K $708K + 0.6%
% of PX 102.6% 104.0% + 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 PX $500K $530K + 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