Millburn / Short Hills Market Trends

Essex County

Home of The Mall at Short Hills and the M&E line's flagship station — premium schools and a walkable downtown at a premium price.

🚆 M&E Line (Midtown Direct) · about 38 min to Midtown

Source: GSMLS market feed (sample)Data as of Jul 18, 2026

Median sale price
$1,620,000 4.1% YoY
-0.4% month-over-month
Days on market
24
Median, active + closed
List-to-sale ratio
101%
Selling over ask
Months of inventory
2.1
Seller's market
New listings (30d)
22
Pending
15
Closed (30d)
14

Median sale price · 24 months

$1425k$1474k$1523k$1571k$1620k08/2412/2404/2508/2512/2504/2607/26

Days on market · 24 months

23d24d25d25d26d08/2412/2404/2508/2512/2504/2607/26

What this means, in plain language

Millburn / Short Hills is currently a balanced-to-competitive market. Homes are moving at a steady pace, with well-priced listings generally selling right around asking. Prices are up 4.1% versus a year ago. If you're a buyer, come prepared to move decisively on the right home; if you're weighing a sale, current demand and low inventory work in your favor.

Auto-drafted from the data above and reviewed by our team before publishing.

This week in Millburn / Short Hills

Short Hills has cooled slightly at the top of the market — a small opening for patient buyers.

📊 Median $1.62M · -0.4% MoM · 2.1 months of inventory

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