Tenafly Real Estate Market Continues Strong

While general national indicators are showing signs of stabilization, Tenafly in particular is showing stellar performanceover last year with 30% more transactions that closed . Average price of sold single family rose about 13% over same period last time reflecting the increase in sales of Luxury homes.

Tenafly Residential Sales Increased 30% over 2010

“With only a one percent drop in national home prices since January and virtually no change in prices over the last six months, strong evidence suggests the big swings that many market participants are accustomed to could become a thing of the past,” said Dr. Alex Villacorta, director of research and analytics at Clear Capital.”  Read more