Livingston New Jersey Real Estate Trends: August 2025 Market Report and Lifestyle Guide

The Livingston market remains active and competitive. The median sales price year to date is up 10% compared with 2024, now at $1,356,729. Homes are averaging 26 days on market, flat compared with last year, and many continue to close well above asking price. Closed sales are up 10.3% year over year, reflecting both strong demand and expanded inventory.

Local Market Snapshot August 2025

Median Listing Price: $1,361,309
Median Sold Price: $1,386,462 (up 10% YoY)
Sale Price to List Price Ratio: 103.13% (YTD average 106.11%)
Homes Sold: 45 in August | 247 YTD (up 10.3% YoY)
Average Days on Market: 24 in August (YTD average 18, nearly unchanged from 2024)
Inventory Level: 50 active listings (up 12.1% from 2024)

Price Ranges in Summit August 2025

Under $1M
Condo and smaller single-family homes remain accessible and steady. Example: 15 N Ashby Ave sold at full ask in 14 days, while 74 W Hobart Gap Rd sold 5.7% under ask after 73 days

$1M–$1.5M
Competitive and fast moving. Example: 46 Locust Dr listed at $1.05M and closed $435K over ask in just 8 days, while 19 Trombley Dr sold 5% over list in 14 days.

$1.5M–$2M
Strong demand continues. Example: 42 Tremont Terrace sold 10.5% over ask in only 10 days, while 25 Morningside Dr closed 7% under after 64 days.

$2M–$3M
Selective but with strong results for updated homes. Example: 26 Shadowlawn Dr sold 12.9% over ask in 3 days, while 26 Coventry Rd sold 6% under after 58 days.

Above $3M
The upper tier shows more variability. Example: 24 Stratford Dr sold 19% over ask at $2.25M after 65 days, while 10 Michelle Ln sold 8% under ask after 3 days.

What is Really Happening in the Livingston Market

Livingston continues to deliver strong year over year appreciation while balancing increased supply. Homes under $2M remain especially competitive and are often closing above ask within days. The higher end market above $2.5M shows more variation, with updated or well located homes achieving premium results while others require longer market time and price adjustments.

For sellers, accurate pricing and strong presentation remain critical to success. For buyers, expanded inventory offers more choice, though quick action is still necessary for the most desirable homes.

Buyer and Seller Insights

For Buyers
● Inventory is up 12%, giving you more options than last year
● Homes under $2M are moving quickly and often over asking
● Higher priced homes show greater variability, creating negotiating leverage

For Sellers
● Median sales price is up 10% YoY
● Correct pricing and presentation remain the difference between fast sales and prolonged market time
● Well positioned homes are still commanding multiple offers within days

Local Market Outlook

The Livingston market is expected to remain active into the fall. Inventory growth is giving buyers more negotiating power, but demand is still strong enough to support competitive pricing. Sellers who align pricing and marketing with buyer expectations will continue to capture premium results, while buyers who move decisively on the right home will find success.

Featured Listings in Livingston and Beyond

Explore this month’s standout homes across Livingston and surrounding towns. From updated Colonials to luxury new builds, these listings showcase the best of local living.

View Featured Listings

About Livingston, NJ

Livingston is a vibrant suburban community in Essex County, less than 25 miles from New York City. Known for its highly rated schools, diverse housing stock, and strong sense of community, it has long been a destination for families moving from the city in search of space and lifestyle.

The town features a bustling shopping and dining scene along Livingston Avenue, abundant recreational facilities, and convenient access to major highways. With top rated schools, a wide range of housing from entry level homes to multimillion dollar estates, and proximity to Manhattan, Livingston continues to attract buyers seeking both convenience and long term value.

FAQs on Livingston

Q: Are home prices still rising in Livingston?
A: Yes, the median sales price is up 10% YoY

Q: Is it a buyer’s or seller’s market?
A: Inventory is growing, giving buyers more leverage, but sellers still benefit from strong demand and rising prices.

Q: What types of homes are selling fastest?
A: Homes under $2M, particularly those updated and in desirable locations, are closing quickly and often above ask.

Q: How long are homes taking to sell?
A: Average DOM is 36 in August with a YTD average of 26 days, essentially flat compared with last year

Q: Should I list now or wait?
A: Listing now allows you to take advantage of strong prices before inventory builds further.

Q: Do luxury homes above $3M sell quickly?
A: Some do, such as 24 Stratford Dr which sold 19% over ask, while others are sitting longer or closing below list

Are You Ready to Make a Move

Whether you are preparing to sell a Livingston property, searching for your next home, or planning a move to one of New Jersey’s most desirable towns, The Saritte Harel Team is your trusted partner. Ranked among the Top 5 Realtors in New Jersey and the Top 1.5% nationwide, our team brings the strategy and expertise that deliver results.

Connect with us today to discuss your goals and learn how we can help you succeed in the Livingston market.

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