Don't miss out on local tips, events and market insights.
CLICK PLAY FOR YOUR LATEST MARKET UPDATE
For Northern NJ | March, 2025
Hope you got value from our market update. If you ever want the specifics for your neighborhood, send us an email and we'll share the data with you.
More Market Updates in Your Area!
Demarest & Eastern Bergen County Real Estate Trends
2025 Market Trends for Single-Family Homes in Eastern Bergen County: Insights You Can't Miss!
Welcome to our latest market update! I’m Julia Dito with the Stacy Esser Group at Keller Williams Town Life, here to share crucial insights into the current state of the single-family home market in Eastern Bergen County. Whether you're contemplating buying or selling, understanding these trends can significantly impact your decision-making process. Let’s dive into the latest numbers!
Market Snapshot:
Haworth:
The real estate market in Haworth is incredibly tight, with the median estimated home value just over $1 million. This reflects a 4% year-over-year growth. With only five active listings available, there's just 1.52 months of supply, indicating strong demand and quick sales.
Crestkill:
Crestkill offers a median home value of $976,570, marking a 5% increase from last year. The market here has more options with 25 active listings and 3.77 months of supply. This could be a promising town for buyers looking for more inventory.
Closter:
In Closter, the median home value stands at $1,653,000, showing a 3.5% growth. With 13 active listings and about 1.59 months of inventory, buyers will find a competitive landscape but still some options.
Demarest:
Demarest is shining with a remarkable 9.7% growth, where homes have a median value of $1.42 million. With only seven active listings and 1.5 months of supply, this area is also very competitive for buyers.
Tenafly:
Tenafly is experiencing the highest year-over-year growth at 12.8%, with a median estimated home value of $1.3 million. The market is particularly challenging for buyers, with just seven active listings and only 0.71 months of supply.
Understanding Months of Supply:
The months of supply metric is crucial in interpreting the market dynamics. It indicates how quickly homes are selling. For instance, in Haworth, with 1.52 months of supply, homes are moving swiftly. In contrast, Crestkill’s 3.77 months offers slightly more breathing room for buyers.
As we've seen across Eastern Bergen County, the demand for single-family homes is high, and the inventory is moving quickly. If you have any questions about your specific town or are curious about the numbers relevant to your home, don't hesitate to reach out. Understanding these trends is vital for making informed real estate decisions. Stay tuned for my next market update, and take care!
For personalized advice or to discuss your real estate goals, feel free to contact me. I’m here to help you navigate this competitive market!
Upcoming Luxury
Open Houses
⬇️Get access to Privately Listed Homes For Sale ⬇️
Many sellers choose to list their homes privately before they go public. We have access to 45+ homes for sale in our office exclusives. Don't miss out on the home of your dreams because someone else saw it first. Get access!
Hurry, these spectacular homes go fast!
100% Secure. We value your privacy.
By submitting your email and phone number in the forms on our site, you give
consent to receiving occasional emails and SMS text messages about offers,
or other information, from us.
what's happening around town!
Latest around Northern NJ
Buyers Locked Out of Market
Featured on CBS Mornings, The Buyer struggle across Bergen, Passaic and Hudson County
5 Reasons NOT to Move to Northern NJ in 2024
We'll discuss 5 important factors to consider before making the move to Northern NJ!
Don't Sell Until You Watch this!
Learn 3 Simple ways to know it's time to sell your home! And spoiler alert - it's not the most obvious!
Sell Your Home for Top Dollar in Northern NJ!
How to sell your home for the most money as featured on NBC Today
Upgrading Your Home? Don't do this!
Planning to upgrade your home? 🏠 Before you dive in, make sure to avoid these common mistakes that could negatively impact your home's value!
What you need to know about NAR!
If you are buying in NJ, this video will share exactly what you need to know about hiring a buyers agent!
Top Appreciating Towns
Top 3 Local Event Picks
What's Happening This Month in Northern NJ!
Get our Free Guide to
"Value-Up™ Your Home"
Our Value-Up™ Your Home eBook Was Written To
Give You A Better Understanding of how to transform your home's value in Northern NJ! Get Yours FREE today!
Available for a limited time!
I agree to terms & conditions provided by SEG KW Town Life. By providing my email and phone number, I agree to receive messages from SEG KW Town Life.
Buying or Selling in Northern NJ? Don't miss out on our latest Fall SEGInsider - A full guide to the housing market in Northern NJ.
Report Cards by Town
Brought to you by Niche.com
Check out Niche's 2024 Best Places to Live in Bergen County here
Bergen County, NJ
Bergen County, New Jersey, has a population of 953,243 and is considered one of the best places to live in the state. Most residents own their homes, and the area offers many bars, restaurants, coffee shops, and parks. It attracts young professionals, with residents generally leaning liberal. The public schools in Bergen County are highly rated.
Tenafly, NJ
Tenafly, a suburb of New York City in Bergen County with a population of 15,299, is one of the best places to live in New Jersey. Most residents own their homes and enjoy a suburban feel with numerous restaurants, coffee shops, and parks. The town attracts families, and residents generally hold moderate political views. Tenafly’s public schools are highly rated.
Oradell, NJ
Oradell, a New York City suburb in Bergen County with a population of 8,208, is considered one of the best places to live in New Jersey. Residents enjoy a suburban feel, with most owning their homes. The town has plenty of coffee shops and parks and is popular among retirees. Oradell residents generally lean conservative, and the public schools are highly rated.
Hawthorne, NJ
Hawthorne, a suburb of New York City in Passaic County with a population of 19,456, offers a dense suburban feel with many restaurants, coffee shops, and parks. It attracts families and young professionals, with residents generally leaning liberal. The public schools are rated above average.
Demarest, NJ
Demarest, a New York City suburb in Bergen County with a population of 4,930, is considered one of the best places to live in New Jersey. It has a rural atmosphere, with most residents owning their homes. The community generally holds moderate political views, and the public schools are highly rated.
Closter, NJ
Closter, a New York City suburb in Bergen County with a population of 8,555, is highly rated as a place to live in New Jersey. It provides a rural feel, and most residents own their homes. The community tends toward moderate political views, and the public schools are highly rated.
Montvale, NJ
Montvale, a New York City suburb in Bergen County with a population of 8,413, is known as one of New Jersey’s top places to live. It offers a sparse suburban atmosphere, with most residents owning their homes. The area attracts many young professionals, and the community generally leans conservative. Montvale’s public schools are highly rated.
Upper Saddle River, NJ
Upper Saddle River, a New York City suburb in Bergen County with a population of 8,313, is highly rated as a place to live in New Jersey. It offers a rural feel, with most residents owning their homes and enjoying the town’s numerous parks. Residents tend to hold moderate political views, and the public schools are highly rated.
Woodcliff Lake, NJ
Woodcliff Lake, a New York City suburb in Bergen County with a population of 6,096, is highly regarded as a place to live in New Jersey. It provides a sparse suburban feel, with most residents owning their homes and enjoying many coffee shops and parks. The community leans conservative, and the public schools are highly rated.
Real Estate Insights, Home Tips & More
Demarest & Eastern Bergen County Real Estate Trends
2025 Market Trends for Single-Family Homes in Eastern Bergen County: Insights You Can't Miss!
Welcome to our latest market update! I’m Julia Dito with the Stacy Esser Group at Keller Williams Town Life, here to share crucial insights into the current state of the single-family home market in Eastern Bergen County. Whether you're contemplating buying or selling, understanding these trends can significantly impact your decision-making process. Let’s dive into the latest numbers!
Market Snapshot:
Haworth:
The real estate market in Haworth is incredibly tight, with the median estimated home value just over $1 million. This reflects a 4% year-over-year growth. With only five active listings available, there's just 1.52 months of supply, indicating strong demand and quick sales.
Crestkill:
Crestkill offers a median home value of $976,570, marking a 5% increase from last year. The market here has more options with 25 active listings and 3.77 months of supply. This could be a promising town for buyers looking for more inventory.
Closter:
In Closter, the median home value stands at $1,653,000, showing a 3.5% growth. With 13 active listings and about 1.59 months of inventory, buyers will find a competitive landscape but still some options.
Demarest:
Demarest is shining with a remarkable 9.7% growth, where homes have a median value of $1.42 million. With only seven active listings and 1.5 months of supply, this area is also very competitive for buyers.
Tenafly:
Tenafly is experiencing the highest year-over-year growth at 12.8%, with a median estimated home value of $1.3 million. The market is particularly challenging for buyers, with just seven active listings and only 0.71 months of supply.
Understanding Months of Supply:
The months of supply metric is crucial in interpreting the market dynamics. It indicates how quickly homes are selling. For instance, in Haworth, with 1.52 months of supply, homes are moving swiftly. In contrast, Crestkill’s 3.77 months offers slightly more breathing room for buyers.
As we've seen across Eastern Bergen County, the demand for single-family homes is high, and the inventory is moving quickly. If you have any questions about your specific town or are curious about the numbers relevant to your home, don't hesitate to reach out. Understanding these trends is vital for making informed real estate decisions. Stay tuned for my next market update, and take care!
For personalized advice or to discuss your real estate goals, feel free to contact me. I’m here to help you navigate this competitive market!
