The Paramus real estate market is a highly sought-after destination for homebuyers and sellers alike. Located in Bergen County, New Jersey, Paramus offers a unique blend of suburban charm, excellent schools, and convenient access to New York City. As the Opulist Team, we are dedicated to providing our clients with the most up-to-date information on the local real estate market. In this article, we will delve into the current inventory and price trends in Paramus, helping you navigate the complex world of real estate.
Introduction to Paramus Real Estate
Paramus is a thriving community with a strong economy, excellent schools, and a wide range of recreational activities. The town is home to several major shopping centers, including the Westfield Garden State Plaza and the Paramus Park mall. With its convenient location and excellent amenities, Paramus is an attractive destination for families, young professionals, and retirees alike.
Current Market Conditions
As of September 2025, the Paramus real estate market is experiencing a shift in inventory and price trends. The current market conditions are characterized by low inventory levels, rising prices, and increased competition among homebuyers. According to our data, the average sales price of a single-family home in Paramus has increased by 10% over the past year, with a median sales price of $640,000.
Inventory Levels
The current inventory levels in Paramus are relatively low, with a total of 120 active listings on the market. This represents a decrease of 15% compared to the same period last year. The low inventory levels are driven by a combination of factors, including a strong demand for housing, limited new construction, and a lack of motivated sellers.
Price Trends
The price trends in Paramus are characterized by rising prices and increased competition among homebuyers. The average sales price of a single-family home has increased by 10% over the past year, with a median sales price of $640,000. The price per square foot has also increased, with an average price per square foot of $340.
What Do These Trends Mean for Homebuyers and Sellers?
For homebuyers, the current market conditions in Paramus present both opportunities and challenges. On the one hand, the low inventory levels and rising prices mean that homebuyers need to be prepared to act quickly and make competitive offers. On the other hand, the strong demand for housing and limited new construction mean that homebuyers can expect to find a wide range of high-quality homes in excellent condition.
For sellers, the current market conditions in Paramus are highly favorable. The low inventory levels and rising prices mean that sellers can expect to receive multiple offers and sell their homes quickly. However, sellers also need to be aware of the potential risks of overpricing their homes, as this can lead to a longer sales period and reduced offers.
How Can Opulist Help You Navigate the Paramus Real Estate Market?
At Opulist, we are dedicated to providing our clients with the most up-to-date information and expert guidance on the Paramus real estate market. Our team of experienced real estate agents and mortgage experts can help you navigate the complex world of real estate, from finding the perfect home to securing the best mortgage rates. With our advanced AI search capabilities and in-house loan officers, we can provide you with a seamless and integrated experience that meets all your real estate and mortgage needs.
Whether you are a homebuyer or seller, our team is committed to providing you with the highest level of service and expertise. We understand that every client is unique, and we will work closely with you to understand your needs and goals. With Opulist, you can trust that you are in good hands, and that we will do everything possible to help you achieve your real estate goals.
As the Paramus real estate market continues to evolve, it's essential to stay informed and adapt to the changing conditions. With our expert analysis and guidance, you can make informed decisions and navigate the market with confidence. Contact us today to learn more about the Paramus real estate market and how we can help you achieve your real estate goals. Our team is always here to help, and we look forward to working with you to find your dream home or sell your current property for the best possible price.