Short Hills Real Estate Market Report 2025
What Homeowners and NYC, Hoboken, and Jersey City Buyers Need to Know in 2026
If you are a Short Hills homeowner looking to better understand your home’s value—or a buyer relocating from New York City, Hoboken, or Jersey City—the 2025 market data offers important insight as we move through 2026.
While overall sales volume softened slightly, pricing strength held firm, buyer demand remained consistent for well-positioned homes, and long-term equity trends continued to favor Short Hills as one of New Jersey’s most resilient luxury markets.
This report breaks down the key trends from 2025 and explains what they signal for homeowners and buyers navigating the market today.
This market report is prepared by the team at The Saritte Harel Team, specialists in Short Hills and New Jersey’s top commuter towns, with deep experience advising homeowners and buyers relocating from New York City, Hoboken, and Jersey City.
What Is the Short Hills Real Estate Market Like Right Now?
The Short Hills housing market exiting 2025 and entering 2026 can best be described as selective, competitive, and stable.
2025 Market Snapshot
Average Sale Price: $2,574,078, up 4.03% year over year
Average Days on Market: 28 days
Sale-to-List Price Ratio: 104.57%
Total Homes Sold: 138
Even with fewer transactions, homes continued to sell above list price on average—reinforcing Short Hills’ long-standing pricing power.
Expert Insight: What the 2025 Data Is Really Telling Us
According to Saritte Harel, consistently ranked among the top Realtors in New Jersey with over 20 years of experience advising buyers and sellers in Short Hills, the 2025 data highlights a clear shift in market dynamics.
“When you compare 2025 directly to 2024, the story is not about declining value. It’s about precision,” Saritte explains. “We saw fewer homes trade hands, but prices continued to rise and well-positioned properties still sold above asking. That tells us buyer demand remains strong, but strategy, pricing, and presentation matter more than ever.”
Short Hills Real Estate: 2024 vs 2025 Comparison
2024 Short Hills Market Overview
Average Sale Price: $2,474,318
Homes Sold: 154
Average Days on Market: 25
Sale-to-List Price Ratio: 105.08%
Sales Price to Assessed Value Ratio: 1.49
2025 Short Hills Market Overview
Average Sale Price: $2,574,078
Homes Sold: 138
Average Days on Market: 28
Sale-to-List Price Ratio: 104.57%
Sales Price to Assessed Value Ratio: 1.61
What Changed Year Over Year
Home values increased by just over 4%
Fewer homes sold, indicating tighter inventory rather than weaker demand
Buyers took slightly longer to commit, reflecting increased selectivity
Homes continued to sell above asking on average
Long-term equity metrics strengthened further
What This Means for Short Hills Homeowners
For homeowners, the 2025 data confirms that equity growth continued, even as buyer behavior normalized from post-pandemic highs.
Key takeaways:
Rising prices signal sustained confidence in Short Hills home values
Buyers continue to compete for homes that are priced and presented correctly
Preparation, positioning, and timing have a direct impact on outcomes
For many long-term owners, especially those who purchased before 2020, 2025 added meaningful value.
Market averages only tell part of the story. In Short Hills, street location, lot size, condition, and timing can significantly influence value. Our team works with homeowners to evaluate how current market trends apply to their specific property.
What NYC, Hoboken, and Jersey City Buyers Should Know Before Moving to Short Hills
For buyers relocating from New York City, Hoboken, or Jersey City, Short Hills continues to stand out as one of New Jersey’s most compelling long-term destinations.
Many buyers from these urban markets share similar motivations:
More space without sacrificing access to Manhattan
Top-ranked public schools
A residential lifestyle with long-term value stability
Unlike high-density condo markets, Short Hills offers single-family homes, outdoor space, and a pricing structure more closely tied to land, schools, and livability—factors that historically support steadier appreciation.
For Hoboken and Jersey City buyers in particular, the move often represents a shift from amenity-driven condo living to a home designed for long-term ownership.
For buyers considering a move from New York City, Hoboken, or Jersey City, working with an advisor who understands both urban markets and suburban transitions can make a meaningful difference.
Inventory, Absorption, and Buyer Competition
One of the most telling indicators in 2025 was absorption:
The three-month absorption rate increased more than 42% year over year
Active inventory rose modestly but remained constrained
Homes that missed the mark on pricing or condition took longer to sell
The takeaway is clear: quality and strategy drove results.
What 2025 Tells Us About Selling in 2026
While this report analyzes full-year 2025 data, the patterns observed are directly shaping seller strategy in 2026.
The 2025 market demonstrated that success was driven less by timing and more by pricing accuracy, preparation, and presentation. Homes that entered the market with a clear strategy continued to attract strong buyer interest, while others required price adjustments or longer marketing periods.
As 2026 unfolds:
Buyers remain selective and data-driven
Inventory constraints continue
Turnkey homes command premium pricing
Strategic positioning directly impacts results
For homeowners considering a sale this year, 2025 provides a clear roadmap for how today’s buyers behave.
Short Hills Real Estate FAQs
Is Short Hills a good place to live in 2026?
Yes. The 2025 data shows sustained appreciation, strong buyer demand, and long-term value driven by schools, location, and limited inventory.
How much is the average home in Short Hills worth?
Based on 2025 sales, the average home value is approximately $2.57M, with pricing varying by condition, location, and lot size.
Are home prices in Short Hills still increasing?
Yes. Despite fewer transactions, average prices rose year over year, indicating continued demand.
Is Short Hills more expensive than other NJ suburbs?
Short Hills remains one of New Jersey’s premier luxury markets, with pricing supported by consistent buyer demand and long-term appreciation.
Is Short Hills a good option for Hoboken or Jersey City buyers?
Yes. Many buyers relocating from Hoboken and Jersey City are seeking more space, top schools, and a residential lifestyle while maintaining access to Manhattan—needs Short Hills continues to meet.
Looking Ahead
As 2026 continues, Short Hills remains defined by stability, selectivity, and long-term confidence. Whether you are evaluating your home’s value or considering a move from the city, understanding these trends provides a meaningful advantage.
Curious What Your Short Hills Home Is Worth Today?
Market averages only tell part of the story. Street location, condition, lot size, and timing can significantly influence value in a nuanced market like Short Hills.
Whether you’re a Short Hills homeowner evaluating next steps or a buyer planning a move from New York City, Hoboken, or Jersey City, working with a team that understands this market at a hyper-local level matters.
The Saritte Harel Team advises clients through every stage of the process, from value analysis to strategic positioning and relocation planning.
