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*Â Â Â Â Â Â Â Â 33Â Â Â Â Â Â 34Â Â Â + 3.0%
Median PXÂ Â Â Â $690KÂ Â $700KÂ Â + 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 PXÂ Â Â Â $442KÂ Â $500KÂ Â Â + 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