Inventory in Bergen is extremely limited in this rolling three-month view, with only one active listing and one new listing, both down sharply from last year. Pending sales have also fallen year over year, reflecting fewer homes moving into contract. Even with that, closings are up strongly from a year ago, with six homes sold, more than triple last June’s level.
Pricing has pushed higher as this lean supply meets solid buyer demand. The typical home value over the past three months is up noticeably from a year ago, climbing by double digits. List prices are also higher than last year, though by a smaller margin, suggesting sellers are testing the market while buyers still bid aggressively.
Homes are selling quickly, with a median of just 10 days on the market, close to last year’s pace despite the tighter inventory. A very high share of recent sales closed above the list price, and the average sale-to-list ratio sits well above 100 percent, pointing to strong competition among buyers even as that ratio has eased from last year. With conditions firmly in seller’s market territory, both buyers seeking an edge and owners weighing a sale can benefit from Agent Pronto’s help in finding an experienced local agent.
