What homebuyers and Sellers in Bergen County Need to know

The Bergen County market in November presented a hyper-competitive, high-demand picture. Understanding the interplay between the extreme seller’s market conditions (1.4 Months of Supply) and the strategic opportunity presented by the recent price adjustment is essential for anyone looking to secure their next asset in this premier region or execute a powerful strategic exit.

---

The Single Most Important Stat: The Average Sale Price to List Price Ratio reached 101.59%

November 2025 Market:

Homes Sold: 381

Price Range: $350,000 – $6,580,000

Median Asking Price: $775,000

Median Sale Price: $785,000

Close to List Price: 101.59%

Median Days on Market: 20

Type of Market: Seller’s

Bergen County’s Current Market:

Homes For Sale: 1,470 (includes properties in Attorney Review & Under Contract)

Median Asking Price: $869,450

Price Range: $285,000 – $24,750,000

---

Inventory and Pace: The Scarcity Scorecard

Inventory remains the defining challenge, with 549 homes for sale (not in attorney review or under contract). The market stands at a critical 1.4 Months of Supply, unequivocally affirming this remains an extreme seller’s environment. The Median Days on Market (DOM) held firm at 20 days, demonstrating consistency in buyer urgency and demanding immediate action from prepared buyers.

Price movement: Where the value is heading

The Median Sales Price settled at $785,000 in November. While this figure reflects a 3.09% decrease month-over-month, it remains robust with a strong 7.32% increase year-over-year. Crucially, the Average Sale Price to List Price Ratio was 101.59%. This is the key strategic insight: while the median price may have slightly cooled from last month, high-quality, well-priced homes are consistently commanding a premium above the asking price, leaving zero room for negotiation.

Sales volume: the pace of the market

Transaction volume was restrained due to asset scarcity, with 381 closed transactions. This is down 12% month-over-month and 7.07% year-over-year. This decreased volume reflects the critical lack of assets available, confirming immense underlying demand that is driving up the SP/LP ratio.

---

What the data means for buyers…

Competition is fierce, but opportunity exists in the 3.09% price movement. The low DOM (20 days) demands that your strategy must prioritize immediate action, streamlined financing, and the removal of contingencies to compete effectively against multiple offers and secure your long-term asset.

The Good:

• The median sale price hit a low for 2025 this past month, a trend that could continue into the winter months of December-February.
• Bergen County has one of the most diverse landscapes when it comes to offerings and price ranges. With a little strategy prior to viewing homes and during the offer phase, the home you’re looking for is within reach.

The Not-So-Good:

• The market is still very competitive and in sellers’ favor. Low days on market and high list-to-sale prices creates a frenzied landscape for buyers. Patience is key during your search. Don’t overlook the potential of a property just because the flooring or cabinets aren’t your style.
• Absorption rates (homes sold vs. homes for sale) and Close to List Price are still indicative of a seller’s market likely to continue in the coming months.

What the data means for sellers…

In a market with a 1.4 MoS and 101.59% SP/LP, the greatest advantage lies in precision and presentation. Professional staging and accurate pricing are non-negotiable to command the over-asking premium. By pricing strategically, you leverage the scarcity and high buyer urgency to execute a rapid and maximized sale.

The Good:

• The low days on market and record-breaking sales are indicators of a seller’s market likely to continue through the next quarter.

The Not-So-Good:

• Inventory is picking up, which means you have more competition. While always important, correct pricing and expert marketing are even more significant now than they have been in the past five years.

---

The Community Dividend: Investing in Bergen County

Bergen County’s enduring desirability is continually reinforced by its exceptional school districts and swift proximity to Manhattan. This consistent lifestyle demand provides the essential foundation for long-term real estate stability and growth, ensuring the current market activity is rooted in sustainable value.

Outlook: What to Watch for in December

We anticipate the usual holiday slowdown in new listings, which will keep inventory critically tight (likely below 2.0 MoS). This often creates a quieter negotiation window for determined buyers before the traditional surge of spring activity.

Market data only tells half the story. If you’re considering a move—buying or selling—let’s connect for a personalized, strategic analysis tailored specifically to your financial goals. Your next move should always be your smartest.