$7,184 Closing Credit*
$605,000
2 Beds
•2 Full Baths, 1 Partial
Vyacheslav Zborovsky, Listing Office: Christie's International Real Estate Group-HoHoKus-Ridgewood East
Housing Prices in Westwood, NJ
How much do homes in Westwood, NJ cost?
Median List Price
$659,500
$274/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$84,500(+14.7%)
Key Takeaway
The list price of homes in Westwood has increased by 14.7% since last year.
Summary: The median home list price in Westwood was $659,500 in September 2024, up 14.7% from the previous year, and the median price per square foot was $274.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $249K | $293.4K | +17.9% |
| 2 Bedrooms | $355.1K | $775K | +118.2% |
| 3 Bedrooms | $599.9K | $699.3K | +16.6% |
| 4 Bedrooms | $579K | $632K | +9.2% |
| 5+ Bedrooms | $500K | $639K | +27.8% |
Summary: Westwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 118.2%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 27.8%.
Median List Price Compared To Nearby Cities
| Westwood | $575K | $659.5K | +14.7% |
| Washington Township | $350K | $398K | +13.7% |
| River Vale Township | $760K | $834K | +9.7% |
| Hillsdale | $649K | $679.9K | +4.8% |
| Emerson | $672.4K | $705K | +4.8% |
Housing Supply in Westwood, NJ
How many homes are available in Westwood, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 25 | +66.7% |
Summary: The Westwood real estate market had 25 homes for sale in September 2024, a 66.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 11 | +83.3% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Westwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 50%.
Days on Market for Westwood, NJ
How long does it take to sell a home in Westwood, NJ?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 188 Days | 35 Days | -81.2% |
Summary: Homes in Westwood had an average listing age of 35 days in Sep 2024, down by 81.2% compared to the previous year.
