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2026 Mid-Year New Jersey Real Estate Market Review | Sue Adler Team

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HOME PREP, STAGING & SELLING WORKSHOP

Local Market Review We net our clients more because we do more!

2 0 2 6 M I D -YE A R

RANKED 1

Learn what over 4,500 local homeowners have already discovered.

THE SUE ADLER TEAM IS

IN-PERSON & VIRTUAL WORKSHOPS AVAILABLE

THE SUE ADLER TEAM HAS YOUR BUYERS!

MID-YEAR

#

for sales of homes priced at

for sales of homes

$750,000 & $2 M and above in Morris, Union, and Essex counties

and above*

REAL ESTATE

Meet some of our motivated buyers to see if your home is a match!

3+ Bedroom Starter Home 3+

Market Review

BUDGET UP TO $2M

Summit, Chatham, or Short Hills Home RENO

WHAT YOU’LL LEARN How to declutter years of accumulated belongings without feeling overwhelmed. Professional staging and home preparation techniques that help maximize your sale price. Which inspection issues to address before listing—and what can be sold as-is. A detailed look at the local real estate market, including pricing strategies and the best timing to sell.

How to coordinate selling your current home while purchasing your next one. Understanding the pros and cons of selling to a builder or investor. How recent real estate industry changes affect today’s sellers and what they mean for your move. The marketing strategies that attract the largest pool of qualified buyers.

HOSTED BY SUE ADLER TEAM

Reserve Your Spot SUEADLER.COM/HSW

“

What Past Attendees Say Very helpful and informative. With the advice and guidance of Sue and her team, our house was on the market within three weeks and under contract by early July. We were extremely happy with the process, the marketing campaign, and the results. Highly recommend this workshop to anyone preparing to sell.

NEW LISTINGS 2025

MARKET OVERALL

1,063

SOLD LISTINGS

2026

2025

MARKET OVERALL

MARKET OVERALL

977

644

AVERAGE DAYS ON MARKET 2025

MARKET OVERALL

22

2026

MARKET OVERALL

21

109%

20

2026

SUE ADLER TEAM DATA COVERS JANUARY 1 - JULY 1, 2026

INCREASE

2026

MARKET OVERALL

598

AVERAGE LIST-TO-SALE PRICE RATIO 2025

MARKET OVERALL

2026

BALANCED

DECREASE

2026

MARKET OVERALL

SUE ADLER TEAM

110%

112% OUTPERFORMED

*IN MORRIS, UNION, AND ESSEX COUNTY COMBINED ALL DATA PER GSMLS. INCLUDES CHATHAM, SUMMIT, MILLBURN/SHORT HILLS, MADISON, SOUTH ORANGE, MAPLEWOOD AND NEW PROVIDENCE.

SUMMIT

488 SPRINGFIELD AVENUE

SHORT HILLS

518 MILLBURN AVENUE

CHATHAM

127 MAIN STREET

Move-in ready 3+ bedroom home ideal for first-time buyers in Morris, Union, or Essex County.

WESTFIELD

What the first half of the year means for homeowners Dear Neighbor,

At the midpoint of 2026, our local market continues to be shaped by three important forces: limited inventory, strong buyer demand and a growing premium for beautifully prepared, move-in-ready homes. JAN UARY–JU N E 2026 AT A G L AN CE 977 New listings

8.1%

744 Homes under contract

2.9%

$1.61M Average sale price

10.9%

110% Average list-to-sale price

This is not simply about a ranking. Our market leadership gives us a real-time view of what buyers respond to, what they will pay a premium for, and how to position a home to create the strongest possible demand.

1%

TH E KE Y TAKEAWAY Fewer homes went under contract because fewer homes came to market—not because buyer interest weakened. New listings declined by 8.1% compared with the first half of 2025, while under-contract activity declined by just 2.9%. There simply were not enough homes available to meet buyer demand. That demand is evident in the results. The average sale price increased nearly 11% to more than $1.6 million, while the average home sold for 110% of its list price. Reported market time averaged 21 days, but that figure includes attorney review. In reality, homes that were priced correctly, properly prepared and strategically launched frequently received multiple offers during their first weekend on the market.

188 ELM STREET

SUEADLER.COM

TH E POWE R O F #1 - WO RKI N G FO R YOU The Sue Adler Team is the #1 team year-to-date for sales of homes priced at $750,000 and above in each of Morris, Union, and Essex counties. We are also the #1 team year-to-date for homes over $2 million across the three counties combined; we have sold 28 homes in the first 6 months over $2m, nearly double #2.

973.620.267 5

BUDGET UP TO $2.5M FOR RENOVATED HOMES OR $1.3M FOR RENOVATION OPPORTUNITIES.

Chatham or Madison Home NEWER

Newer or fully renovated 4+ bedroom home with a flat, spacious backyard. Close to downtown preferred. BUDGET UP TO $1.8M

SOMA Home 4+

4+ bedroom home, with character, ideally close to town. Willing to do work! BUDGET $800K-$1.5M, DEPENDING ON CONDITION.

The ranking reflects our results. What matters most is how we put that experience, insight, and reach to work for you. If a move may be in your plans within the next six to twelve months, now is the time to start planning. We can help you understand your home’s value, which improvements are worth making and how to build the right strategy around your timing and goals.

Renovated home or property with renovation potential on a quiet street. Need 3+ bedrooms.

3+

New Providence or Berkeley Heights Home

3+ bedroom home in New Providence or Berkeley Heights. Willing to do cosmetic updates if necessary. BUDGET $900K-$1.6M, DEPENDING ON CONDITION.

Yours to count on,

New or Newer Construction Home NEWER

New construction home in a town along the Midtown Direct train line. Pool or room for a future pool preferred. BUDGET $3M-$5M

CALL US TO SEE IF YOUR HOME IS A FIT

973.620.2675


IT’S WHAT WE STAND FOR

SUE ADLER TEAM

LIST-SIDE SALES JANUARY 1 - JULY 1, 2026*

E D G E

MPOWER you through consultation and education so that you can make the best decisions for your family. ELIVER on our promises. We do what we say we are going to do and are committed to providing you with the highest caliber of service. IVE back to our communities. The more people we help, the more we can give back! ARN your confidence and trust by making you feel like you are our only client.

SUE ADLER TEAM

BUY-SIDE SALES JANUARY 1 - JULY 1, 2026* 71 Hillside Avenue SHORT HILLS

10 Rowan Road SUMMIT

LIST $6,400,000 SALE $6,400,000

60 Fernwood Road SUMMIT

LIST $4,395,000 SALE $4,450,000

12 Coniston Road SHORT HILLS

LIST $3,995,000 SALE $3,995,000

LIST $3,995,000 SALE $3,850,000

588 Longview Road SOUTH ORANGE

39 Oak Ridge Avenue SUMMIT

8 Park Place SHORT HILLS

32 Westminster Road CHATHAM

15 Olde Greenhouse Lane MADISON

7 Coventry Road LIVINGSTON

71 Dale Drive SUMMIT

5 Kincaid Lane CHATHAM

36 Plymouth Road SUMMIT

18 Pine Ridge Drive SUMMIT

245 Montrose Avenue SOUTH ORANGE

272 Glen Avenue MILLBURN

59 New England Avenue #5 SUMMIT

12 Hilltop Terrace CHATHAM

15 Ditzel Farm Court SCOTCH PLAINS

2 Trails End Court WESTFIELD

175 N Passaic Avenue CHATHAM

18 Kensington Terrace MAPLEWOOD

250 Old Short Hills Road SHORT HILLS

114 Coleman Avenue CHATHAM

24 Loantaka Way MADISON

115 Woodland Road MADISON

128 Canoe Brook Parkway SUMMIT

40 Delwick Lane NEW PROVIDENCE

30 Edgewood Road CHATHAM

25 Division Avenue NEW PROVIDENCE

3 Long Hill Lane CHATHAM

33-35 Madison Avenue MAPLEWOOD

33 Juniper Way BERNARDS TWP

8 Claremont Drive SHORT HILLS

67 Woodbine Circle NEW PROVIDENCE

7 Meadow Road CHATHAM

180 Franklin Street MORRISTOWN

43 Passaic Avenue SUMMIT

106 Falcon Road LIVINGSTON

26 Pihlman Place CHATHAM

141 S Kingman Road SOUTH ORANGE

16 Meadowbrook Road CHATHAM

64 Tulip Street SUMMIT

1817 Chapel Road SCOTCH PLAINS

367 Greenbrier Court MOUNTAINSIDE

3 Woodland Road CHATHAM

17 Shady Lane FANWOOD

46 Junard Drive MORRISTOWN

8 Venetia Avenue CRANFORD

244 Livingston Avenue NEW PROVIDENCE

LIST $3,000,000 SALE $3,910,500

LIST $1,650,000 SALE $2,050,000

LIST $1,475,000 SALE $1,650,000

LIST $1,099,000 SALE $1,335,000

LIST $2,995,000 SALE $3,300,000

LIST $1,595,000 SALE $2,000,000

LIST $1,429,000 SALE $1,565,000

LIST $1,099,000 SALE $1,287,000

LIST $2,900,000 SALE $3,260,000

LIST $1,895,000 SALE $1,999,999

LIST $1,250,000 SALE $1,560,000

LIST $1,350,000 SALE $1,250,000

LIST $2,525,000 SALE $3,100,000

LIST $1,595,000 SALE $1,995,000

LIST $1,199,000 SALE $1,550,000

LIST $1,065,000 SALE $1,225,000

LIST-SIDE SALES continued 14 Arthurs Court BERKELEY HEIGHTS

LIST $599,000 SALE $645,000

29 Carolina Avenue WEST ORANGE

LIST $599,000 SALE $625,000

2 Claridge Drive #8AE VERONA

LIST $595,000 SALE $575,000

63 High Street WEST ORANGE

LIST $419,000 SALE $495,000

LIST $2,549,000 SALE $2,650,000

LIST $1,849,000 SALE $1,900,000

LIST $1,399,000 SALE $1,500,000

LIST $1,299,000 SALE $1,200,000

LIST $799,000 SALE $920,000

LIST $2,370,000 SALE $2,600,000

LIST $1,650,000 SALE $1,836,000

LIST $1,425,000 SALE $1,445,000

LIST $899,900 SALE $1,150,000

LIST $899,000 SALE $905,000

LIST $1,995,000 SALE $2,595,000

LIST $1,585,000 SALE $1,810,000

LIST $1,075,000 SALE $1,430,000

LIST $1,095,000 SALE $1,150,000

LIST $745,000 SALE $875,000

LIST $2,449,000 SALE $2,328,000

LIST $1,499,000 SALE $1,804,260

LIST $1,099,000 SALE $1,402,000

LIST $899,900 SALE $1,089,000

LIST $799,000 SALE $893,000

LIST $1,995,000 SALE $2,275,000

LIST $1,795,000 SALE $1,795,000

LIST $1,279,000 SALE $1,400,000

LIST $975,000 SALE $1,089,000

LIST $719,000 SALE $740,000

LIST $1,995,000 SALE $2,325,000

LIST $1,325,000 SALE $1,725,000

LIST $1,100,000 SALE $1,380,000

LIST $789,000 SALE $935,000

LIST $625,000 SALE $710,000

*A L L DATA I S P E R TH E G A R D E N S TATE M L S

VISIT SUEADLER.COM TODAY!

CALL 973.620.2675 NOW!

6 Dryden Terrace, Short Hills $4,000,000 21 Hardwell Road, Short Hills $3,888,000 12 Coniston Road, Short Hills $3,850,000 7 Westminster Road, Chatham $3,275,000 76 Woodland Avenue, Summit $3,230,000 9 Westview Road, Short Hills $3,100,000 23 Reeve Circle, Millburn $2,770,000 33 Hampton Road, Chatham $2,750,000 91 Woodland Road, Madison $2,625,000 1 Emmett Street, Chatham $2,298,000 11 Hawthorne Road, Short Hills $2,220,000 62 Canfield Road, Morris Twp $2,110,000 19 Glenview Drive, Warren $2,000,000 16 Little Wolf Road, Summit $1,900,000 416 Twin Oak Road, South Orange $1,950,000 78 Seven Oaks Drive, New Providence $1,812,000 18 Kensington Terrace, Maplewood $1,804,260 127 Green Village Road, Madison $1,782,500 250 Old Short Hills Road, Short Hills $1,795,000 25 Wardell Road, Livingston $1,699,000 167 Hobart Avenue, Short Hills $1,670,000 115 Park Street, Montclair $1,600,000 2269 Redwood Road, Scotch Plains $1,582,000 11 Fenimore Drive, Scotch Plains $1,570,000 115 Woodland Road, Madison $1,565,000 1532 Long Meadow, Mountainside $1,533,000 157 Pearl Street, Berkeley Heights $1,450,000 33-35 Madison Avenue, Maplewood $1,402,000 431 Willow Avenue, Scotch Plains $1,400,000 43 Passaic Avenue, Summit $1,225,000

6 Kenneth Court, Florham Park $1,190,000 1644 Springfield Avenue, New Providence $1,180,000 387 Beech Spring Road, South Orange $1,175,000 26 Pihlman Place, Chatham $1,150,000 167 College Place, South Orange $1,100,000 184 Baltimore Avenue, Cranford $999,000 6 Keimel Court, West Orange $965,000 19 Willowmere Avenue, Montclair $940,000 234 Patriot Hill Drive, Bernards Twp $905,800 3 Woodland Road, Chatham $905,000 224 W Mount Pleasant Avenue, Livingston $899,000 62 Forest Avenue, Berkeley Heights $890,000 198 Riveredge Drive, Chatham $850,000 24 Pearl Street, Summit $756,000 4 Loft Drive, Bridgewater $739,000 1204 Timberbrooke Drive, Bedminster $710,000 3215 Park Place, Springfield $700,000 814 Springfield Avenue, Cranford $690,000 158 Maple Street, West Orange $679,320 14 Arthurs Court, Berkeley Heights $645,000 53 Forest Hill Road, West Orange $632,147 29 Carolina Avenue, West Orange $625,000 1906 Park Place, Springfield $622,000 401 Brookside Place, Garwood $609,508 217 William Street, Scotch Plains $600,000 58 Brooklake Road #21, Florham Park $575,000 109 High Street, Cranford $481,000 45 Sunrise Drive, Long Hill $355,000 16 Beauvoir Avenue, Summit $270,000


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2026 Mid-Year New Jersey Real Estate Market Review | Sue Adler Team by Sue Adler - Issuu