Ridgewood has low inventory of homes for sale
March 29, 2013
By Michael Shetler
The Otteau Valuation Group has identified Ridgewood as one of the 127 areas in New Jersey with an inventory of homes for sale under six months.
A balanced market is considered to be an inventory of four to six months.
Ridgewood currently has a 4.2 month supply.
The Otteau Valuation Group is predicting a statewide increase in home values of at least 3% this year.
https://ridgewood-nj-real-estate.com/ridgewood-inventory-homes-sale/
