Bernardsville Market Update Q4’ 23 vs Q4’ 22

Bernardsville Market Update: Comparing Q4 2023 and Q4 2022

Inventory Trends

Overall inventory was consistent with Q4 2022.
 

Closed Sales Insights

Because of the limited inventory, we experienced a 19% decline in closed sales. In the townhome sector we had only 1 townhome close in 2022 and 0 in 2023 contributing to the inefficient data set to evaluate.
 

Average Sale Price Trends

The average sale price in Bernardsville declined 36% for single family homes. This is primarily due to the mix of homes sold as opposed to depreciating prices.
 
Bernardsville Q4 2023 versus Q4 2022 housing market statistics.
 
Bernardsville Q4 2023 single-family market update with sales figures and Megan Bonanno contact information.
 
Bernardsville condo and townhome market update comparing Q4 2023 with Q4 2022, with sales statistics and Megan Bonanno branding.
 
Bernardsville Q4 market update: 18 listings, 17 sales, $765,441 average sale price, with Megan Bonanno's contact details.

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A Bernardsville resident for over 10 years, Megan Bonanno understands the nuances of NJ’s luxury market. Whether buying or selling, her expertise ensures a seamless, successful real estate experience.

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