Clifton Real Estate Market: July 2026

Median Sale Price: $604,000

Clifton's residential real estate market closed July with a median sale price of $604,000, reflecting a modest 1.4% decline from June but a more significant 6.4% year-over-year decrease. While the month-to-month pullback is minor, the annual trend suggests a market adjusting to higher interest rates and shifting buyer behavior.

Market Overview

July saw 76 homes sell in Clifton, a solid transaction count that indicates consistent buyer activity despite broader economic headwinds. The sale-to-list ratio of 106.3% reveals that homes are still selling above asking price on average—a seller-favorable dynamic that persists even as the market cools. However, this metric should be interpreted carefully: it reflects the mix of properties selling and does not indicate uniform appreciation across all price tiers.

Days on market (DOM) averaged 76 days, suggesting homes are taking longer to move compared to the tighter markets of 2021–2022. This extended timeline gives buyers more time to evaluate options and negotiate, a meaningful shift from the rapid-sale environment of recent years. With 110 active listings and a months-of-supply ratio of 4.3, Clifton remains in a balanced market—neither heavily favoring buyers nor sellers, but leaning slightly toward equilibrium.

The year-over-year price decline of 6.4% warrants attention. This cooling aligns with national trends of higher mortgage rates and reduced purchasing power. Sellers should be realistic about pricing, and buyers should recognize that the urgency to act immediately has diminished.

Price Segment Breakdown

The $400K–$700K segment dominated activity, accounting for 56 of 76 sales (74%) with a median price of $576,500. This tier represents the core of Clifton's market and remains the most liquid segment.

The over-$700K segment recorded 19 sales with a median price of $840,000. While smaller in volume, this tier shows that higher-priced homes continue to attract buyers, though the extended DOM suggests these properties require more time to sell.

What This Means for Owners

If you're considering selling, the current environment rewards realistic pricing and property condition. Homes are no longer selling in days, so presentation matters. The 106.3% sale-to-list ratio indicates that well-priced homes still command premiums, but overpricing will result in extended holding periods. The 76-day average DOM suggests you should expect a 2.5-month sales cycle; plan accordingly if you have a timeline.

For those not selling, the 6.4% year-over-year decline is a reminder that real estate is not a guaranteed appreciation vehicle in all markets and periods. However, Clifton's balanced inventory and continued transaction volume suggest the market is stabilizing rather than collapsing.

What This Means for Buyers

The buyer's advantage has improved materially. With 4.3 months of supply and homes averaging 76 days on market, you have time to inspect, compare, and negotiate without fear of losing a property to a competing offer. The sale-to-list ratio of 106.3% means some negotiation room exists, particularly in the higher price tiers where DOM is longer.

The $400K–$700K segment offers the most liquidity and selection. If you're in this range, expect competitive conditions but not the bidding wars of prior years. Buyers targeting homes over $700K should recognize these properties are moving more slowly and may present negotiation opportunities.

Key Metrics

Metric	Value
Median Sale Price	$604,000
Sales Volume (July)	76
Average Days on Market	76
Active Inventory	110
Months of Supply	4.3
Sale-to-List Ratio	106.3%
Year-over-Year Change	−6.4%
Month-over-Month Change	−1.4%

AI-generated estimates for informational purposes only. Not appraisals.

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Data sourced from NJMLS and GSMLS via Garden State AI.