Is Peapack & Gladstone a buyer's or seller's market right now?

Peapack & Gladstone is currently a seller's market with 2 months of supply. Homes are selling at 100% of list price. The Ridley Sell Score for Peapack & Gladstone is 56/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Peapack & Gladstone?

The median home price in Peapack & Gladstone is $2,695,000, up 203.8% year-over-year. The median price per square foot is $0. Homes sell in a median of 6 days with a sale-to-list ratio of 100%.

How much does it cost to sell a home in Peapack & Gladstone, New Jersey?

On a $2,695,000 home in Peapack & Gladstone, a traditional listing agent charges around $80,850 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $215,600 or more. With Ridley Essentials ($999) you save $79,851, and with Ridley Pro ($3,499) you save $77,351 while getting full agent support.

How does Ridley's flat fee compare to a traditional Peapack & Gladstone agent?

A traditional Peapack & Gladstone listing agent typically charges 3% of the sale price — about $80,850 on a $2,695,000 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 $79,851–$77,351 compared to a traditional agent.

How long does it take to sell a home in Peapack & Gladstone?

The median home in Peapack & Gladstone currently spends 6 days on the market before going under contract, down 25% from last year. At a 100% sale-to-list ratio, sellers are getting very close to or above asking price. Only 50% of listings see a price drop, suggesting sellers can hold firm on pricing.

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 $2,695,000 home, that could save you up to $77,351.

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 $80,850 commission.

National/New Jersey

Peapack & Gladstone, NJ

Is Now a Good Time to Sell in Peapack & Gladstone, New Jersey?

The median home in Peapack & Gladstone sells for $2,695,000 with prices up 203.8% year-over-year. The average seller pays $80,850 in commissions — Ridley’s flat fee saves you $77,351.

Peapack & Gladstone Real Estate Market Conditions — April 2026

56out of 100

Ridley Sell Score

How it's scored →

Moderate

56/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Peapack & Gladstone market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2 months of supply — below the 5-month balanced threshold — 41% below the New Jersey average of 3.4.

Price MomentumFavors sellers

Prices up 203.8% 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 SpeedFavors sellers

6 median days on market — 68 days faster than the New Jersey average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors buyers

50% of listings have dropped their price — accurate initial pricing is critical. 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.

$2,695,000

+203.8%

Days on Market

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

-25%

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.

Seller’s market

Competitiveness

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

Very Competitive

Price Drops

Percentage of active listings that had a price reduction.

50%

Price carefully

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Peapack & Gladstone — delivered monthly.

Your savings

How much can you save selling your home in Peapack & Gladstone?

The average Peapack & Gladstone homeowner saves $77,351 by selling with Ridley instead of paying the traditional 3% listing commission on a $2,695,000 home.

$0Estimated savings

That could cover a year of college tuition — save 2.9% of your home value

Your Peapack & Gladstone home value

$2,695,000

$50,000$10M

Traditional Agent (3%)

$80,850

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Peapack & Gladstone?

The total cost to sell a house in Peapack & Gladstone in 2026 ranges from $999 with Ridley Essentials to approximately $80,850 with a traditional 3% commission on a $2,695,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$80,850	$3,499	$999	$0
Buyer agent	$75,4602.8% avg	$53,900~2% avg	$53,900~2% avg	$75,4602.8% avg
Closing costs (~1.5%)	$40,425	$40,425	$40,425	$40,425
Total cost	$196,735	$97,824	$95,324	$115,885
Net proceeds	$2,498,265	$2,597,176	$2,599,676	$2,579,115
You save	—	$98,911	$101,411	$80,850No support