Getting ready to sell your New Jersey home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).
- In 2022, the average time it takes to sell a home in New Jersey — from listing through closing — is approximately 76 days. That’s 41 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact New Jersey home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in New Jersey and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on real estate trends. See the table at the end of this article to compare data from before and after the pandemic and see how drastically trends were affected in your state. |
What’s the average time to sell a house in New Jersey?
Average Time to Sell* | Average Price* | |
|---|---|---|
National | 79 days | $425,000 |
New Jersey | 76 days | $480,000 |
*Based on Realtor.com data (October 2022) | ||
The average time it takes to sell a house in New Jersey is 76 days — 41 days to get an offer and an additional 35 days to close. This is approximately 3.8% faster than the national average.
Keep in mind that these are annual averages and the numbers will vary by month and/or season.
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Best time to sell a house in New Jersey
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your New Jersey house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
Best month to sell a house fast in New Jersey
Month* | Days on Market* | |
|---|---|---|
Best Month | May | 28 days |
Worst Month | January | 63 days |
*Based on Realtor.com data (October 2022) | ||
The best month to sell a house fast in New Jersey is May. The median time it takes for New Jersey homes listed in May to sell is 28 days, which is 13 days faster than the annual average.
» READ: How to sell your house fast
Best month to sell a house in New Jersey for price
Month* | Average Price* | |
|---|---|---|
Best Month | June | $489,450 |
Worst Month | December | $419,900 |
*Based on Realtor.com data (October 2022) | ||
The best month to sell a house in New Jersey in terms of sale price is June. The median sale price in June is $489,450, which is 7.0% — or $31,896 — more than the annual average.
Tips to get your New Jersey home sold
1. Time the market
In New Jersey, the best time to list your home for both price and selling time is July. The median sales time in this month is 65 days, and the median sales price is $328,000. However, this can vary from city to city so be sure and check with a local real estate expert.
2. Stage your home to sell
Most home buying decisions come down to pure emotion - a buyer walks into a house and either feels at home or doesn't. Your job as a seller is to show them that your home could feel like home, and you can achieve that through proper staging. Your realtor will have advice on popular trends in your area, and it may be a good idea to hire an interior designer as well.
3. Take professional photos for your listing
Don't skimp on your listing photos. The pictures you take of your home are going to be what attracts a buyer who's scrolling through tons of listings online, so make sure they're good and show off your home to its fullest. Be sure to hire a professional who will take photos of both the interior and exterior.
4. Keep your home available for showings
If you want a buyer to purchase your home, first you need to get them in the front door. Try your best to accommodate buyers whenever they want to visit even if it's not the best time for you - you never know if you've turned away the perfect buyer.
5. Price your home competitively
You're not going to have much luck selling your home if you price it way above its true value. Similarly, you're going to end up leaving tons of money on the table if you price it too low as well. Speak with your realtor about performing a comparative market analysis, which will help determine a price that's fair and competitive.
Next steps for New Jersey home sellers
If you’re looking to sell your home fast in New Jersey and get a great price, Clever Real Estate can match you with a top local realtor from a trusted brand like Keller Williams or RE/MAX.
Clever also negotiates reduced 1% listing fees on your behalf. You'll get guaranteed full service and support from your agent, but pay a third of the 3% listing fee most realtors charge.
Importantly, home sellers who list with Clever get their first qualified offer in an average of 24.1 days* — that’s 17 days faster than the average time to offer in New Jersey. Find a top local agent and get a 1% listing fee now!
*Average time to offer for Clever home sellers
Average time to sell a house in New Jersey: 2019-2021
2019* | 2020* | 2021* | |
|---|---|---|---|
Average Time to Sell in New Jersey:^ | 63 days | 56 days | 43 days |
National Average:^ | 67 days | 65 days | 48 days |
Average Listing Price in New Jersey: | $379,121 | $423,267 | $443,933 |
National Average: | $311,707 | $334,043 | $373,644 |
Best Month for Speed in New Jersey:^ | June, with an average of 50 days on market | September, with an average of 41 days on market | May, with an average of 31 days on market |
Best Month for Price in New Jersey: | June, with an average sale price of $397,312 | September, with an average sale price of $449,462 | May, with an average sale price of $449,900 |