Bergen County, NJ Housing Market Update – Q3 2025

The Bergen County housing market continued to show resilience in the third quarter of 2025, with prices holding strong, inventory expanding, and buyer demand remaining steady despite elevated mortgage rates. Whether you’re planning to buy, sell, or simply stay informed, here’s what’s happening across Northern New Jersey’s most competitive real estate market.

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🏡 Bergen County, NJ Housing Market Update – Q3 2025

The Bergen County housing market remained strong and steady through the third quarter of 2025, showing resilience despite continued economic headwinds and shifting buyer sentiment. Prices held firm, inventory expanded again, and sellers continued to see healthy returns — even as sales activity moderated slightly.

Whether you’re planning to buy, sell, or simply stay informed, here’s what’s happening across Northern New Jersey’s most competitive real estate market.

For more information, please click the link below.

📈 Key Highlights – Bergen County Q3 2025

• Average Sold Price: ↑ 7.83% year-over-year

• Median Sold Price: ↑ 6.94% year-over-year

• Homes Sold: ↓ 1.69% year-over-year

• New Listings: ↑ 19.84% compared to Q3 2024

• Average List Price: ↑ 8.36%

• Median List Price: ↑ 7.12%

• List-to-Sell Price Ratio: ↓ 0.57% (still selling near asking)

• Median Days on Market: ↑ 1.49% (more time for buyers to act)

💡 Market Trends & Insights

1️⃣ Prices Holding Firm Despite Fewer Sales

Even as the number of homes sold dipped slightly from last year, prices remain elevated. The average sold priceclimbed nearly 8% year-over-year, reflecting ongoing buyer demand for move-in-ready and well-located homes. Sellers continue to benefit from strong equity positions, particularly in high-demand towns such as Ridgewood, Tenafly, Wyckoff, and Oradell.

2️⃣ Inventory Expands Across Price Points

Bergen County’s inventory continues to build — a welcome trend for buyers. New listings rose nearly 20% compared with last year, giving more opportunities across single-family and condo markets. Mid-range homes remain the most active, but higher-end listings in communities like Alpine and Franklin Lakes also gained traction.

3️⃣ Seller Leverage Still Strong, but Balance Emerging

The list-to-sell ratio held close to 100%, showing homes are still selling very near list price. However, sellers are beginning to adjust expectations as days on market increase modestly. Overpricing leads to slower movement — while homes positioned strategically continue to move quickly and competitively.

4️⃣ Buyers Regaining Negotiating Power

With more choices available, buyers have room to negotiate on inspections, closing timelines, and minor concessions. While bidding wars haven’t disappeared entirely, they’re more localized to the most desirable neighborhoods or turn-key listings.

5️⃣ Luxury Market Volatility

In the luxury segment, price swings were more pronounced. For example, Alpine’s median sale price reached $5.76 million — a 91% jump from last year — though that’s influenced by limited sample size. The broader luxury category remains stable but slower, as high-end buyers evaluate rate and market trends.

🔎 What Buyers Should Know

• Rising inventory means more options and less pressure.

• Pre-approval remains crucial — competition persists for well-priced homes.

• Mortgage rates continue to shape affordability and decision timelines.

• Look for opportunities in areas with recent inventory growth for better negotiating terms.

💰 What Sellers Should Know

• Pricing strategically from day one is key — buyers are informed and value-driven.

• Presentation matters: staging, photography, and marketing make the difference.

• Flexibility with closing terms or repairs can help secure stronger offers.

• Partnering with an experienced Bergen County agent ensures your home stands out among increased listings.

📅 Looking Ahead to Q4 2025 and Beyond

The market appears to be normalizing after years of rapid appreciation. Expect:

• Continued single-digit price growth (2–4%) over the next 12 months.

• Gradual inventory expansion, creating a more balanced landscape.

• A potential boost in buyer demand if interest rates ease heading into 2026.

Bergen County remains a cornerstone of stability in New Jersey real estate — thanks to top-rated schools, vibrant downtowns, and unmatched proximity to New York City.

📍 Bottom Line

The Bergen County housing market remains among the strongest in the state — defined by steady appreciation, expanding inventory, and sustained buyer interest.
Whether you’re buying your first home, upgrading, or planning to sell, understanding today’s data helps you make informed, confident decisions.

For more information, please click the link below.

https://mce.cbprospectsquare.com/MCE/prj/cwb/links/qr/mtmain.asp?et=QR&ak=28667&makey=20036