Let’s take the latest email alert I received from the River Vale Police.  It arrived the other day in my email inbox and was a warning to River Vale residents about social networking.  In the message was a story about Nashua New Hampshire where a resident had been robbed of over $200,000 worth of personal items because they had told everyone through social networking that they were going on a vacation.

The River Vale Police Department was warning town residents that if you are planning a trip, don’t broadcast your plans through your social network presence because thieves watch for exactly that and rob houses based on such postings.  I never fail to be impressed with the constant stream of very valuable information that River Vale residents get from their police department.  So if you own a River Vale home, be sure to sign up for the River Vale Police Deparment email alerts.  You can reach the RV Police at 201-264-1111.

  River Vale has a half day summer program and Hillsdale has a full day summer camp.  This is truly innovative because most homeowners are stuck with only one choice – whatever their town has to offer.  By sharing their resources, both Hillsdale and River Vale have given their families with children an unbeatable situation.  This is just another example of why our suburban lifestyle keeps  Bergen County homes  in high demand.  

  If you have a school aged child and need a summer camp placement, go to the Hillsdale website for full day and the River Vale website for half day placements.  Whether you’re looking at Hillsdale homes or River Vale homes you know you’ve got summer camp covered!

What has been the most difficult part of the market, however, is the $600-800,000 price range but I expect this to change dramatically in 2010.  All in all the market for River Vale homes is definitely improving and should be strong this year. 

 River Vale, NJ – Year to Year Comparison

  Sales Analysis              2007    2008    2009

 $0-400,000                  1          6          7                                 

$400-450,000              7          5          8         

$450-500,000              7          8          6         

$500-550,000              8          8          9

$550-600,000              12        10        11

$600-650,000              14        11        7

$650-700,000              7          8          3

$700-750,000              6          13        2

$750-800,000              7          6          2

$800-850,000              6          2          4

$850-900,000              4          0          3

$900-950,000              3          3          2

$950-1 million               3          1          3

$1-1.25 million              6          3          2

$1.25-1.5 million           3          2          2

$1.5 million+                 1          0          0

Total                             95        86        71 (-21%)

                                           2007                        2008                  2009

Avg. List Price                   $736,837                 $679,288            $657,208

Avg. Sales Price                $708,787                 $647,697           $628,437