A Break for Bergen Sellers ; Prices Fall Less Than U.S. Average, but Passaic Numbers Still Suffer
The Record, Bergen County, NJ › June 12, 2008
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Summary
Bergen County home prices continue to hold up better than in many parts of the nation as the real estate slump shows no signs of bottoming out.
Median home prices dropped 2.4 percent in Bergen County and 8.1 percent in Passaic in the first quarter of 2008, compared with the same period a year ago. That compares with a nationwide drop of 7.7 percent, according to price data released Tuesday.See the full content of this document
Extract
A Break for Bergen Sellers ; Prices Fall Less Than U.S. Average, but Passaic Numbers Still Suffer
Nationally, according to the National Association of Realtors, the median price of an existing single-family home was $196,300 in the first quarter, down from $212,600 in the same period last year.
In Bergen County, a...See the full content of this document
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