The Teaneck, Bergenfield and New Milford markets continue along their slow yet steady path of modest increases in inventory (now 109 homes combined), with the average listing price down ever so slightly to $750,000. While lower than last month, the numbers are completely on par with what the asking prices were through the essential spring market months of March and April.
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A past client reached out to me for an “upgrade.” In this later stage of life, with the parents having established successful careers, the family was eager for more space.