Average Time to Sell a House in New Jersey in 2021

Kristen Klempert

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Kristen Klempert

July 3rd, 2021
Updated July 3rd, 2021

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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).

Time to sell a home in New Jersey

  • In 2021, the average time it takes to sell a home in New Jersey — from listing through closing — is approximately 82 days. That’s 47 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 2020 real estate trends. See the table at the end of this article to compare data from 2020 and 2019 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
90 days
$736,035
State
82
$665,324
*Based on Realtor.com Data (December, 2020)

The average time it takes to sell a house in New Jersey in 2021 is 82 days — 47 days to get an offer and an additional 35 days to close. This is approximately 8.9%faster than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.

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?

» LEARN: the best time to sell in New Jersey

Best month to sell a house fast in New Jersey


Month*
Days on Market**
Best Month
May
31 days
Worst Month
January
69 days
*Based on Realtor.com Data (December, 2020)
**Days on market doesn't include the amount of time it typically includes to close (about 35 days)

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 31 days, which is 16 days faster than the annual average.

» READ: a comprehensive guide on how to sell your house fast

Best month to sell a house in New Jersey for price


Month*
Average Price*
Best Month
May
$449,900
Worst Month
December
$437,100
*Based on Realtor.com Data (December, 2020)

The best month to sell a house in New Jersey in terms of sale price is May. The median sale price in May is $449,900, which is 0.9% — or $3,999 — 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 can help.

Clever negotiates reduced rates with top-rated real estate agents throughout New Jersey. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.

» LEARN: more about low-commission real estate agents

Importantly, home sellers who list with Clever get their first qualified offer in an average of 24.1 days* — that’s 23 days faster than the average time to offer in New Jersey.

Sell your house fast and save thousands!

Work with a top local agent for a fraction of the typical cost.

*Average time to offer for Clever home sellers in 2020

Average time to sell in 2019


2019*
2020*
Average Time to Sell in New Jersey:
99 days
82 days
National Average:
80 days
90 days
Average Sale Price in New Jersey:
$315,167
$665,324
National Average:
$307,750
$736,035
Best Month for Speed:
June, with an average of 50 days on market
May, with an average of 31 days on market
Best Month for Price:
July, with an average sale price of $337,000
May, with an average sale price of $449,900
*Based on data gathered from Realtor.com and Zillow Data Center

Additional resources for New Jersey home sellers


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