Is Westwood a buyer's or seller's market right now?

Westwood is currently a buyer's market with 11 months of supply. Homes are selling at 100% of list price, and 75% go pending within two weeks. The Ridley Sell Score for Westwood 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 Westwood?

The median home price in Westwood is $675,000, up 13.4% year-over-year. The median price per square foot is $367. Homes sell in a median of 101 days with a sale-to-list ratio of 100%.

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

On a $675,000 home in Westwood, a traditional listing agent charges around $20,250 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $54,000 or more. With Ridley Essentials ($999) you save $19,251, and with Ridley Pro ($3,499) you save $16,751 while getting full agent support.

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

A traditional Westwood listing agent typically charges 3% of the sale price — about $20,250 on a $675,000 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 $19,251–$16,751 compared to a traditional agent.

How long does it take to sell a home in Westwood?

The median home in Westwood currently spends 101 days on the market before going under contract, down 5% from last year. 75% 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 $675,000 home, that could save you up to $16,751.

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 $20,250 commission.

National/New Jersey

Westwood, NJ

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

The median home in Westwood sells for $675,000 with prices up 13.4% year-over-year. The average seller pays $20,250 in commissions — Ridley’s flat fee saves you $16,751.

Westwood 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 Westwood 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

11 months of supply — above the 5-month balanced threshold, giving buyers more options. New Jersey average is 3.4.

Price MomentumFavors sellers

Prices up 13.4% 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 buyers

101 median days on market — 27 days slower than the New Jersey average.

Market UrgencyFavors sellers

75% 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.

$675,000

+13.4%

Days on Market

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

101

-5%

Price per Sq Ft

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

$367

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.

75%

Fast-moving

12-Month Price Trend

$700,000 → $675,000

▼3.6%

$800K$600K$400K

MayJulSepNovJanMarApr

Data updated April 2026

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

Your savings

How much can you save selling your home in Westwood?

The average Westwood homeowner saves $16,751 by selling with Ridley instead of paying the traditional 3% listing commission on a $675,000 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Westwood home value

$675,000

$50,000$10M

Traditional Agent (3%)

$20,250

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Westwood?

The total cost to sell a house in Westwood in 2026 ranges from $999 with Ridley Essentials to approximately $20,250 with a traditional 3% commission on a $675,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$20,250	$3,499	$999	$0
Buyer agent	$18,9002.8% avg	$13,500~2% avg	$13,500~2% avg	$18,9002.8% avg
Closing costs (~1.5%)	$10,125	$10,125	$10,125	$10,125
Total cost	$49,275	$27,124	$24,624	$29,025
Net proceeds	$625,725	$647,876	$650,376	$645,975
You save	—	$22,151	$24,651	$20,250No support