Hello, everyone! Elizabeth Hernandez here with the Cathy Banu team at Keller Williams, bringing you the latest insights from the Bergen County real estate market. As we wrap up December 2024 and look ahead to 2025, it’s essential to understand the current trends and what they mean for buyers and sellers in Bergen County.

December Market Overview in Bergen County:

December showed a slowdown in the real estate market, which is typical for this time of year. In Bergen County, there was only about 1.54 months of inventory available, indicating a tight market. The median sold price for homes in the area stood at $750,000. This data highlights the ongoing demand for homes in Bergen County, even during the slower winter months.

What’s Ahead for 2025 in Bergen County Real Estate:

As we transition into January, we anticipate the arrival of the spring market in Bergen County, which traditionally runs from January 15th to April 15th. During this period, we typically see an increase in inventory, giving buyers more options in Bergen County. However, it’s important to note that the market remains a seller's market. For homeowners considering selling, now is a prime opportunity to take advantage of the favorable conditions in Bergen County.

Ready Set Sell Strategy for Bergen County Homeowners:

If you’re thinking about selling your home in Bergen County, we’d love to help! Our Ready Set Sell strategy is designed to guide you through the selling process, whether you're ready to list now or planning to sell in the next six months. We’ve put considerable effort into creating this comprehensive guide specifically for Bergen County homeowners, and we’re excited to share it with you.

In summary, while December may have been slower, the Bergen County real estate market is set for an active 2025. With low inventory and a favorable environment for sellers, now is an excellent time to consider your options in Bergen County. For personalized assistance and expert guidance, don’t hesitate to reach out. We’re here to help you navigate the market and achieve your real estate goals!

Interested in selling your home or learning more about our Ready Set Sell strategy tailored for Bergen County? Contact us today via phone or email. Let’s get your real estate journey started!