July 2, 2012 |
With Six months of intense activity Tenafly residential sales remain very strong. The major difference from June of last year is the fact that only 3 homes sold this year for over 1$ million whereas 6 homes sold last June. This fact of course is reflected in a lower average sold price and a lower general sales volume. Homes in the $600,000 to $900,000 bracket are where most of the sales are and make up close to 60% of the sales this month .
- 19 Homes sold in June vs 25 in June of 2011
- Homes sold faster this June with an average of 93 Days vs 120 days last June
- The average Sold price this June is $814,221 vs $974,040 in June of 2012