Bergen County
Single Family Homes for August
Key Metrics 2022 2023 Change
New Listings 671 524 – 21.2%
Closed Sales 719 568 – 21.0%
DOM* 32 28 – 12.5%
Median PX $679K $785K + 15.6%
% of PX 101.6% 103.5% + 1.9%
Inventory 1,705 1,051 – 38.4%
Months Supply 2.8 2.4 – 14.3%
*Days on Market
Passaic County
Single Family Homes for August
Key Metrics 2022 2023 Change
New Listings 276 227 – 17.8%
Closed Sales 286 209 – 26.9%
DOM* 26 31 + 19.2%
Median PX $487K $530K + 8.8%
% PX Rec’d 104.8% 105.5% + 0.7%
Inventory 617 407 – 34.0%
Month Supply 2.5 2.3 – 4.0%
*Days on Market