Bergen and Passaic Counties
Bergen County
Single Family Homes for February
Key Metrics   2024    2025   Change
New Listings   476    420   – 11.8%
Closed Sales   256    239   – 6.6%
DOM*         42     41    – 2.4%
Median PXÂ Â Â Â $720KÂ Â $816KÂ Â +13.3%
% of PXÂ Â Â Â Â Â 101.3%Â 102.8%Â Â + 1.5%
Inventory      1,019   744   – 27.0%
Months Supply   2.4    1.7  – 29.2%
*Days on Market
Passaic CountyÂ
Single Family Homes for February
Key Metrics   2024    2025   Change
New Listings   194    167   – 13.9%
Closed Sales   140    102   – 27.1%
DOM*          47     43   – 8.5%
Median PXÂ Â Â Â $515KÂ Â $557KÂ Â Â + 8.1%
% PX Rec’d  102.7%  103.1%  + 0.4%
Inventory      416    293   – 29.6%
Month Supply   2.5    1.7   – 32.0%
*Days on Market
Both counties are experiencing inventory shortages, which are driving up prices and maintaining a seller’s market.
Bergen County shows stronger price growth, while Passaic County faces a sharper decline in sales.