How Fast Are Homes Selling in NJ?
The New Jersey real estate market has been moving quickly, with homes selling fast and usually for more than the asking price. But how fast are homes really selling? Whether you’re buying or selling, understanding the pace of the market in New Jersey can help you make better decisions.
Current Market Trends in NJ
Homes are selling at different speeds depending on the town and neighborhood. As of 2025, some areas are seeing homes sell faster than others. Many towns in New Jersey are still in high demand, especially in suburban areas, where more people are looking for larger homes and extra space.
Homes in popular towns like Wayne, Kinnelon, Riverdale, Montville, Pompton Plains, and Pequannock are selling fast. These areas are seeing strong buyer interest, making the market competitive.
Suburbs with good schools and family-friendly amenities, like Montclair and Westfield, also continue to attract buyers.
Luxury homes in towns like Alpine and Saddle River may take a bit longer to sell, but they still move quickly compared to other areas.
How Fast Are Homes Selling in New Jersey?
In general, homes in New Jersey are selling in about 30 to 45 days, but this can change depending on the town and other factors.
In popular towns such as Wayne, Kinnelon, and Montville, homes can sell in just 7 to 14 days, especially if they’re priced right.
In other areas or homes with a lower price, the selling process may take 60 days or longer.
Homes that are priced lower or in high demand, like first-time buyer homes, tend to sell quicker than others.
How fast a home sells also depends on its condition, how it's priced, and what the local market is like.
Why Are Homes Selling So Fast?
There are several reasons why homes in New Jersey are selling quickly:
Strong Demand: Many people still want to live in New Jersey because of its close location to New York City and good schools. This keeps demand for homes high.
Remote Work: The ability to work from home has made many buyers look for homes in suburban areas that offer more space. Towns like Wayne, Kinnelon, Riverdale, Montville, Pompton Plains, and Pequannock are popular choices.
Low Inventory: There are fewer homes available right now, so when a home does hit the market, buyers often act fast.
Interest Rates: Even though interest rates have increased a little, they are still low compared to the past, which is helping more people buy homes.
What This Means for Sellers
If you’re selling your home, it’s a great time to take advantage of the fast-moving market. However, there are still a few things you can do to ensure you sell quickly.
Price Your Home Right: Even in a competitive market, overpricing can slow things down. Make sure your home is priced well to attract buyers. Homes priced correctly are likely to sell faster.
Stage Your Home: Homes that are clean and in good condition tend to sell quicker. Small updates, like a fresh coat of paint or cleaning the carpets, can help make your home more appealing.
Be Ready for Multiple Offers: When homes are in high demand, you may get several offers in just a few days. Be prepared to review offers quickly and choose the best one.
What This Means for Buyers
For buyers, the fast-moving market means you need to act quickly. Here’s how to be prepared:
Get Pre-Approved for a Loan: Sellers want to see that you’re serious. Having a pre-approval letter shows you’re ready to make an offer right away.
Move Quickly: Homes in popular areas like Wayne, Kinnelon, Riverdale, Montville, Pompton Plains, and Pequannock can sell within days. If you find a home you like, don’t wait—make an offer as soon as possible.
Expect to Pay Above Asking Price: In hot markets, homes often sell for more than the listed price. Be ready to make an offer that stands out but still fits your budget.
Why Work with 1-Stop-Steve?
Homes in desirable towns like Wayne, Kinnelon, Riverdale, Montville, Pompton Plains, and Pequannock are selling quickly. Being prepared is key if you want to take advantage of this fast-paced market.
Working with an experienced realtor is the best way to stay ahead. With years of experience in New Jersey’s real estate market, I know what it takes to buy or sell a home here. I can guide you through the process and make sure you’re ready to act when the right opportunity comes up.
Whether you’re just starting or ready to make a move, I’m here to help with expert advice and personalized service.
Your Next Step
Ready to get started? Whether you’re listing and selling your home or looking to buy your dream home here in Wayne NJ, Kinnelon NJ, Riverdale NJ, Montville NJ, Pompton Plains NJ, or Pequannock NJ, I’m here to help. Let’s make your real estate goals a reality—call or text me at (973) 476-1728.
About Stephen Tinney
Stephen Tinney, Owner of 1-Stop-Steve and Coldwell Banker Sales Agent
I help my clients sell homes in Wayne NJ, Kinnelon NJ, Riverdale NJ, Montville NJ, Pompton Plains NJ, or Pequannock NJ and surrounding areas. My goal is to make the real estate process simple and successful.
I’m both a licensed Real Estate Agent and Mortgage Broker. This allows me to guide clients through every step of buying or selling a home.