file photo by Boyd Loving
Your figures are 100% wrong and worse yet, don’t tell the complete picture. There are currently 94 homes for sale in Ridgewood, not 200. There are over 7,400 homes in Ridgewood, so 94 is hardly significant. You fail to point out that median home prices have gone up in Ridgewood more than in the surrounding towns. You also failed to mention that homes for sale in Ridgewood stay a very short number of days on the market. This all means that for every person who is selling, there are a lot more folks looking to buy. If you really are in the real estate market, you need to brush up on your data and the principles of supply and demand.
FYI the current Ridgewood market snapshot as of right this minute:
91 Available
68 Under Contract
187 Sold (since 1/1/2017)
As for age ranges and motivation, all that is opinion and conjecture.
