Is Great Notch a buyer's or seller's market right now?

Great Notch is currently a buyer's market with 5 months of supply. Homes are selling at 100% of list price, and 100% go pending within two weeks. The Ridley Sell Score for Great Notch is 52/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Great Notch?

The median home price in Great Notch is $408,000, down 55.7% year-over-year. The median price per square foot is $0. Homes sell in a median of 72 days with a sale-to-list ratio of 100%.

How much does it cost to sell a home in Great Notch, New Jersey?

On a $408,000 home in Great Notch, a traditional listing agent charges around $12,240 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $32,640 or more. With Ridley Essentials ($999) you save $11,241, and with Ridley Pro ($3,499) you save $8,741 while getting full agent support.

How does Ridley's flat fee compare to a traditional Great Notch agent?

A traditional Great Notch listing agent typically charges 3% of the sale price — about $12,240 on a $408,000 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 $11,241–$8,741 compared to a traditional agent.

How long does it take to sell a home in Great Notch?

The median home in Great Notch currently spends 72 days on the market before going under contract, up 56% from last year. 100% of homes go pending within two weeks. At a 100% sale-to-list ratio, sellers are getting very close to or above asking price.

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 $408,000 home, that could save you up to $8,741.

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 $12,240 commission.

National/New Jersey

Great Notch, NJ

Is Now a Good Time to Sell in Great Notch, New Jersey?

The median home in Great Notch sells for $408,000 with prices down 55.7% year-over-year. The average seller pays $12,240 in commissions — Ridley’s flat fee saves you $8,741.

Great Notch Real Estate Market Conditions — April 2026

52out of 100

Ridley Sell Score

How it's scored →

Moderate

52/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Great Notch 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 TightnessFavors buyers

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

Price MomentumFavors buyers

Prices down 55.7% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 100% of asking — sellers are getting 0% above list on average. 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 SpeedNeutral

72 median days on market — 2 days faster than the New Jersey average.

Market UrgencyFavors sellers

100% 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.

$408,000

-55.7%

Days on Market

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

+56%

Price per Sq Ft

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

Sale-to-List Ratio

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

100%

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.

Buyer’s market

Competitiveness

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

Somewhat Competitive

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

100%

Fast-moving

12-Month Price Trend

$810,000 → $408,000

▼49.6%

$800K$700K$600K$500K$400K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Great Notch — delivered monthly.

Your savings

How much can you save selling your home in Great Notch?

The average Great Notch homeowner saves $8,741 by selling with Ridley instead of paying the traditional 3% listing commission on a $408,000 home.

$0Estimated savings

That's 6 months of groceries — save 2.1% of your home value

Your Great Notch home value

$408,000

$50,000$10M

Traditional Agent (3%)

$12,240

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Great Notch?

The total cost to sell a house in Great Notch in 2026 ranges from $999 with Ridley Essentials to approximately $12,240 with a traditional 3% commission on a $408,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$12,240	$3,499	$999	$0
Buyer agent	$11,4242.8% avg	$8,160~2% avg	$8,160~2% avg	$11,4242.8% avg
Closing costs (~1.5%)	$6,120	$6,120	$6,120	$6,120
Total cost	$29,784	$17,779	$15,279	$17,544
Net proceeds	$378,216	$390,221	$392,721	$390,456
You save	—	$12,005	$14,505	$12,240No support