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US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …

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by Chris Spiker
Real Estate
6 Most Expensive Homes Sold In Last 30 Days In Bergen County 6 Most Expensive Homes Sold In Last 30 Days In Bergen County
6 Most Expensive Homes Sold In Last 30 Days In Bergen County A property in Englewood that sold for $5.37 million appears to be the most expensive residential sale in Bergen County in the last 30 days. According to Redfin, the prices on Bergen County homes were up 9.3% for the month of September compared to 2023, with a median price of $711,000. Most homes sell after 70 days on the market, compared to 68 days last year. Data for October was not available as of press time. Here are the six most expensive homes that sold in the last 30 days in Bergen County, according to Zillow: 1. 276 E. Linden Ave., Englewood, $5.37 million, Sept. 25 2. 96…

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by Cecilia Levine