Chatham NJ Real Estate Market Overview November 2025
What Chatham Township and Chatham Borough Homeowners Need to Know Before Selling
November 2025 market data is now available for both Chatham Township and Chatham Borough, and many homeowners are reassessing plans for 2026. The most common questions we are hearing right now are:
Is now a good time to sell a home in Chatham NJ?
How much is my Chatham home worth right now?
Are homes still selling above asking?
Should I wait until spring to list?
Below is a breakdown of how Chatham NJ home values and buyer demand performed in November 2025, followed by clear seller guidance on pricing, timing, and strategy based on what is actually happening across both micro markets.
Chatham NJ Housing Market Snapshot November 2025
The Chatham NJ housing market remained steady throughout November, supported by limited inventory, the strength of the School District of the Chathams, and continued interest from NYC buyers seeking space, schools, and suburban lifestyle.
Seasonal pacing is present, but well positioned homes in both the Township and the Borough are still generating strong buyer activity, especially those that are updated and priced within current market expectations.
Chatham Township Market Update November 2025
Active Listings in Chatham Township
10 active homes
Average list price $2,466,316
Average days on market 140
This reflects a higher luxury inventory segment where buyers are more analytical above the $2.5M level.
Homes Under Contract in Chatham Township
12 homes under contract
Average list price $1,518,325
Average days on market 32
Homes priced below ultra luxury levels continue to move efficiently.
Closed Sales in Chatham Township November 2025
Average sale price $1,745,572
Average list price $1,697,750
Sale to list price ratio 103.34%
Average days on market 46
Homes sold 8
Year to Date 2025 Township Performance
Average sale price year to date $1,632,606
Sale to list price ratio year to date 106.20%
Year over year price growth 15.77%
Total homes sold year to date 123
What This Means for Chatham Township Sellers
Updated homes under $2M remain the strongest performers
Larger homes above $2.5M require precise pricing and preparation
Privacy, lot size, and flexible layouts continue to drive buyer preference
Renovation scope is now a key decision factor for buyers at higher levels
Many Chatham Township sellers also find it helpful to review the full selling process in New Jersey before deciding on timing. More information here ://www.saritteharel.com/why-sell-with-us
Chatham Borough Market Update November 2025
Active Listings in Chatham Borough
4 active homes
Average list price $1,869,500
Average days on market 32
Homes Under Contract in Chatham Borough
14 homes under contract
Average list price $1,346,814
Average days on market 29
Closed Sales in Chatham Borough November 2025
Average sale price $1,454,556
Average list price $1,305,667
Sale to list price ratio 112.80%
Average days on market 10
Homes sold 9
Year to Date 2025 Borough Performance
Average sale price year to date $1,429,477
Sale to list price ratio year to date 111.88%
Year over year price growth 11.66%
Total homes sold year to date 83
What This Means for Chatham Borough Sellers
Walkable, move in ready Colonials remain the most competitive
Train access continues to drive strong over asking outcomes
Homes priced correctly can still move in two to three weeks
Presentation plays a major role in achieving top results
How Chatham Township and Chatham Borough Sellers Are Being Treated Differently Right Now
Chatham Township
Larger lots and privacy drive buyer interest
Homes typically go under contract in one to two months
Under $2M remains the most reliable performance tier
Chatham Borough
Walkability and daily convenience dominate buyer behavior
Many move in ready homes contract in two to four weeks
Downtown proximity continues to command bidding pressure
How Long Does It Take to Sell a Home in Chatham NJ Right Now
Township average 46 days
Borough average 10 days
Homes needing updates or priced aspirationally take longer even in strong neighborhoods.
Selling a Home in Chatham by Price Tier November 2025
Under $1,000,000
Low supply. Strong buyer urgency for efficient layouts and updated interiors.
$1,000,000 to $1,500,000
The most competitive range across both micro markets. Seller leverage remains strong.
$1,500,000 to $2,500,000
Balanced conditions. Outcomes depend heavily on layout, condition, and pricing strategy.
Above $2,500,000
Measured activity. Buyers focus on renovation scope, operating costs, and long term usability.
For homes above $1 million, understanding New Jersey’s mansion tax is an important part of strategic planning. Click here for the most common FAQs pertaining to NJ mansions tax
NYC Buyer Influence on Chatham Home Values
Many current Chatham buyers are relocating from Manhattan, Brooklyn, and nearby Hudson County cities like Hoboken and Jersey City. These buyers bring:
Strong school driven motivation
Willingness to compete for turn key homes
Long term ownership mindset
This continues to support pricing across both the Township and the Borough even as seasonal pacing moderates.
Should You Sell Your Chatham Home Now or Wait Until Spring
Sellers who benefit most from listing into winter and early spring include:
Homes that are fully updated
Sellers seeking to minimize competition
Owners planning for relocations tied to 2026 school calendars
Sellers looking to capture buyer urgency before inventory increases
Waiting for spring may bring more buyer volume but also more competing listings.
The Biggest Mistakes Chatham Sellers Are Making Right Now
Pricing based on peak numbers rather than current buyer behavior
Skipping early preparation and presentation
Over renovating without analyzing return
Waiting too long to adjust when showings stall
Chatham NJ Seller FAQs
Is Chatham still a seller’s market
Yes. Both the Township and Borough continue to favor sellers when homes are priced correctly.
What is my Chatham home worth right now
Most homes sell between the mid $1M range and above depending on location, updates, and lot size.
Do homes still sell over asking in Chatham
Yes, especially in the Borough and for fully prepared Township homes under $2M.
Should I renovate before selling
Not always. Strategic cosmetic updates often outperform full renovations.
Considering Selling a Home in Chatham NJ
If you are a Chatham homeowner considering a move in 2026, the best time to understand your pricing and options is before you feel rushed. A private home value review now allows you to:
Evaluate your real equity
Compare selling now versus waiting
Plan your next move with clarity
Avoid reactive decision making later
There is no obligation, only data driven guidance.
Follow along for neighborhood insight and upcoming listings Instagram @saritteharelteam
