Is Upper Montclair a buyer's or seller's market right now?

Upper Montclair is currently a seller's market with 2 months of supply. 100% of homes sell above asking price, and 66.7% go pending within two weeks. The Ridley Sell Score for Upper Montclair is 63/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Upper Montclair?

The median home price in Upper Montclair is $2,000,000, up 91.3% year-over-year. The median price per square foot is $580. Homes sell in a median of 113 days with a sale-to-list ratio of 112.4%.

How much does it cost to sell a home in Upper Montclair, New Jersey?

On a $2,000,000 home in Upper Montclair, a traditional listing agent charges around $60,000 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $160,000 or more. With Ridley Essentials ($999) you save $59,001, and with Ridley Pro ($3,499) you save $56,501 while getting full agent support.

How does Ridley's flat fee compare to a traditional Upper Montclair agent?

A traditional Upper Montclair listing agent typically charges 3% of the sale price — about $60,000 on a $2,000,000 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 $59,001–$56,501 compared to a traditional agent.

How long does it take to sell a home in Upper Montclair?

The median home in Upper Montclair currently spends 113 days on the market before going under contract, up 69% from last year. 66.7% of homes go pending within two weeks. At a 112.4% sale-to-list ratio, sellers are getting very close to or above asking price. Only 33.3% 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 $2,000,000 home, that could save you up to $56,501.

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 $60,000 commission.

National/New Jersey

Upper Montclair, NJ

Is Now a Good Time to Sell in Upper Montclair, New Jersey?

The median home in Upper Montclair sells for $2,000,000 with prices up 91.3% year-over-year. The average seller pays $60,000 in commissions — Ridley’s flat fee saves you $56,501.

Upper Montclair Real Estate Market Conditions — April 2026

63out of 100

Ridley Sell Score

How it's scored →

Moderate

63/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Upper Montclair market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. 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 91.3% year-over-year — vs. +10% statewide.

Seller LeverageFavors sellers

Homes selling at 112.4% of asking — sellers are getting 12.4% above list on average. New Jersey average is 99.8%.

Bidding ActivityFavors sellers

100% of homes selling above list price — 143% above the New Jersey average of 41.1%.

Sale SpeedFavors buyers

113 median days on market — 39 days slower than the New Jersey average.

Market UrgencyFavors sellers

66.7% of listings go pending within 2 weeks — vs. 23.7% statewide.

Price StabilityFavors buyers

33.3% 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.

$2,000,000

+91.3%

Days on Market

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

113

+69%

Price per Sq Ft

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

$580

Sale-to-List Ratio

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

112.4%

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

Sold Above List

Percentage of homes that sold for more than their list price.

100%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

33.3%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

66.7%

Fast-moving

12-Month Price Trend

$1,625,000 → $2,000,000

▲23.1%

$2.0M$1.8M$1.6M$1.4M$1.2M

MayJulSepNovJanMarApr

Data updated April 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Upper Montclair — delivered monthly.

Your savings

How much can you save selling your home in Upper Montclair?

The average Upper Montclair homeowner saves $56,501 by selling with Ridley instead of paying the traditional 3% listing commission on a $2,000,000 home.

$0Estimated savings

That could cover a year of college tuition — save 2.8% of your home value

Your Upper Montclair home value

$2,000,000

$50,000$10M

Traditional Agent (3%)

$60,000

Ridley Pro (flat fee)

$3,499

Ready to sell in Upper Montclair?

Get a personalized selling strategy with AI-powered pricing analysis

Get Your Selling Strategy

Cost comparison

How much does it cost to sell a house in Upper Montclair?

The total cost to sell a house in Upper Montclair in 2026 ranges from $999 with Ridley Essentials to approximately $60,000 with a traditional 3% commission on a $2,000,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$60,000	$3,499	$999	$0
Buyer agent	$56,0002.8% avg	$40,000~2% avg	$40,000~2% avg	$56,0002.8% avg
Closing costs (~1.5%)	$30,000	$30,000	$30,000	$30,000
Total cost	$146,000	$73,499	$70,999	$86,000
Net proceeds	$1,854,000	$1,926,501	$1,929,001	$1,914,000
You save	—	$72,501	$75,001	$60,000No support