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Anat EisenbergAfter hundreds of transactions closed Anat is still passionate about real estate and it shows...

Anat ranked #8 out of 8000+ New Jersey MLS agents with well over $220 million in total sales during the six-year period of 2010-2015. Anat has closed over $415 million in real estate sales over the years.

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You are here:  Bergen County Homes > Blog > November 2011 > Bergen County Sales of Luxury Homes Are Up 14% Year to Date vs 2010

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Bergen County Sales of Luxury Homes Are Up 14% Year to Date vs 2010

Bergen County Sales of Luxury Homes As Of 11/25/2011

Bergen County Sales of Luxury Homes As Of 11/25/2011

 Sales of single family homes from $1.5 Million and higher totaled 155 homes vs 136 for the same period last year.  This represents an increase of 14% over last year. The table below shows the breakdown by price categories ( all data collected from the NJ MLS and is deemed reliable but not guaranteed)

<< Click The Photo to enlarge the graph.

It seems that a lot of money that was so far parked in the banks has  been released to take advantage of the historic low prices and interest rates.  While the sales of the $1.5 Million and up are higher than last year, the sales of up to $1Million are 3% lower ( in units) than  the same  period in 2010.


Range in Millions

 

2010

2011

%

 

$1.5-$1.74

 

47

49

+4%

$1.75-$1.99

 

35

31

-11%

$2.0-$2.49

 

29

35

+21%

$2.5-$2.99

 

11

16

+45%

$3.0-$3.99

 

9

16

+78%

$4.0-$4.99

 

4

3

-25%

$5.0-$9.99

 

1

4

+300%

$10.0+

 

0

1

 

Total

 

136

155

+14%