Is Closter, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Closter is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Closter has remained a Buyer's Market.

Key Takeaway

Closter is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Closter, NJ

How much do homes in Closter, NJ cost?

Median Sold Price

$1,275,000

-

Based on all homes sold in August 2024.

Difference Since Last Month

+$350,000(+37.8%)

Key Takeaway

Homes in Closter have sold for 37.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $925K-
N/A
5+ -$1.2M
N/A

Summary: Closter housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Closter, NJ

How many homes are available in Closter, NJ?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1319+46.2%

Summary: The Closter real estate market had 19 homes for sale in August 2024, a 46.2% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 44
0.0%
4 34
+33.3%
5+ 610
+66.7%

Summary: The Closter housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Closter, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Closter in August 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Closter, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Closter, NJ

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