Scott SelleckBroker / Sales Associate / Transition Advisor, The Selleck Group, KW City Views Realty · Scott Selleck | Trusted Bergen County Realtor | Keller Williams City Views Realty, Fort Lee NJ

Bergen County Sellers Need to See This Market Update

9 Mar 2026 · 3 min

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2:42

In this March 2026 market update, Scott Selleck of the Selleck Group (Keller Williams City Views Realty) presents recent real‑estate data for Bergen and Hudson Counties and explains what it means for long‑time homeowners considering a sale or downsizing. He notes that in Bergen County the median days on market fell from 70 to 42 in three weeks—a 40% acceleration—while inventory slipped to 567 homes and the Market Action Index (MAI) rose, indicating strong buyer demand and high equity for sellers. By contrast, Hudson County remains a seller’s market but shows more price sensitivity: the MAI rose from 33 to 36, median days on market sit at 49, and 19% of listings have reduced price versus only 10% in Bergen. Selleck advises owners with significant equity to act now, citing stabilized interest rates, historically tight spring inventory, and the risk of waiting for a “perfect moment.” He offers strategic guidance on timing, pricing, and positioning, and closes with a personal call to action, leveraging his 30+ years of local experience and inviting viewers to request a home valuation via phone or text.

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Hi, I'm Scott Selleck with the Selleck Group at Keller Williams City Views Realty. If you've owned your home in Bergen or Hudson County for 10, 20, or even 30 years, the March 2026 market data tells a story you need to hear. Let's start with Bergen County. The market just shifted dramatically. In the last 3 weeks, the median days on market dropped from 70 days to 42 days. That's a 40% acceleration. What does this mean for you? If you've been thinking about downsizing, this is the momentum window you've been waiting for. Homes are moving faster. The Market Action Index is rising. Inventory dropped to 567 homes. Your equity has never been higher, and buyer demand is strengthening. This combination doesn't last forever. Hudson County tells a different story. Steady, not accelerating, but still firmly a seller's market. The Market Action Index rose from 33 to 36. Median days on market sits at 49 days. Here's the key difference. Hudson shows more price sensitivity. 19% of listings have reduced their price compared to just 10% in Bergen County. What this tells me, Bergen sellers have more pricing power right now. Hudson sellers need to be sharper on pricing from day one. If you're a long-term homeowner sitting on significant equity, here's what I'm watching. One, Bergen County is accelerating. If you list now, you're catching momentum, not chasing it. Two, interest rates have stabilized. Buyers who were waiting are starting to move. Three, spring inventory is building, but it's still historically tight. Your well-positioned home will stand out. The mistake I see: waiting for the perfect moment. The perfect moment is when you're ready and the data supports your move. Right now, both are aligning. Here's my advice: don't let the market force your hand. If downsizing is in your 12 to 24 month plan, let's talk now, not when momentum shifts or inventory floods the market. I've helped hundreds of Bergen and Hudson County homeowners navigate this exact transition over the past 30+ years. I know the neighborhoods, I know the buyers, and I know how to position your home to capture full value in this market. If you'd like to see what your home is worth in today's market, or if you want to talk through your downsizing timeline, call or text me directly at 201-970- 3960. I'm Scott Selleck with the Selleck Group. Let's make your next move your smartest move.