Is Far Hills a buyer's or seller's market right now?

Far Hills is currently a balanced market with 3 months of supply. Homes are selling at 98.9% of list price, and 33.3% go pending within two weeks. The Ridley Sell Score for Far Hills is 53/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Far Hills?

The median home price in Far Hills is $889,000, down 6.4% year-over-year. The median price per square foot is $389. Homes sell in a median of 111 days with a sale-to-list ratio of 98.9%.

How much does it cost to sell a home in Far Hills, New Jersey?

On a $889,000 home in Far Hills, a traditional listing agent charges around $26,670 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $71,120 or more. With Ridley Essentials ($999) you save $25,671, and with Ridley Pro ($3,499) you save $23,171 while getting full agent support.

How does Ridley's flat fee compare to a traditional Far Hills agent?

A traditional Far Hills listing agent typically charges 3% of the sale price — about $26,670 on a $889,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $25,671–$23,171 compared to a traditional agent.

How long does it take to sell a home in Far Hills?

The median home in Far Hills currently spends 111 days on the market before going under contract, up 52% from last year. 33.3% of homes go pending within two weeks. At a 98.9% sale-to-list ratio, sellers are seeing some negotiation.

Do I need a real estate agent to sell in New Jersey?

No. New Jersey does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $889,000 home, that could save you up to $23,171.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New Jersey. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $26,670 commission.

National/New Jersey

Far Hills, NJ

Is Now a Good Time to Sell in Far Hills, New Jersey?

The median home in Far Hills sells for $889,000 with prices down 6.4% year-over-year. The average seller pays $26,670 in commissions — Ridley’s flat fee saves you $23,171.

Far Hills Real Estate Market Conditions — April 2026

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Far Hills market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

3 months of supply — near the balanced threshold of 5 months. New Jersey average is 3.4.

Price MomentumFavors buyers

Prices down 6.4% year-over-year — vs. +10% statewide.

Seller LeverageNeutral

Homes selling at 98.9% of asking — buyers are negotiating 1.1% below list. New Jersey average is 99.8%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New Jersey average of 41.1%.

Sale SpeedFavors buyers

111 median days on market — 37 days slower than the New Jersey average.

Market UrgencyNeutral

33.3% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. New Jersey average is 14.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$889,000

-6.4%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

111

+52%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$389

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

98.9%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

33.3%

Moderate pace

12-Month Price Trend

$995,000 → $889,000

▼10.7%

$1.0M$950K$900K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Far Hills — delivered monthly.

Your savings

How much can you save selling your home in Far Hills?

The average Far Hills homeowner saves $23,171 by selling with Ridley instead of paying the traditional 3% listing commission on a $889,000 home.

$0Estimated savings

That could fund a full kitchen remodel — save 2.6% of your home value

Your Far Hills home value

$889,000

$50,000$10M

Traditional Agent (3%)

$26,670

Ridley Pro (flat fee)

$3,499

Ready to sell in Far Hills?

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Cost comparison

How much does it cost to sell a house in Far Hills?

The total cost to sell a house in Far Hills in 2026 ranges from $999 with Ridley Essentials to approximately $26,670 with a traditional 3% commission on a $889,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$26,670	$3,499	$999	$0
Buyer agent	$24,8922.8% avg	$17,780~2% avg	$17,780~2% avg	$24,8922.8% avg
Closing costs (~1.5%)	$13,335	$13,335	$13,335	$13,335
Total cost	$64,897	$34,614	$32,114	$38,227
Net proceeds	$824,103	$854,386	$856,886	$850,773
You save	—	$30,283	$32,783	$26,670No support