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LuxeLife Real Estate Group Millburn-Short Hills Market Report

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SHORT HILLS HISTORICAL AVERAGESMILLBURN HISTORICAL AVERAGESSHORT HILLS MARKET TRENDSMILLBURN MARKET TRENDSCall us today at 973-489-8885 to schedule a complimentary,confidential consultation! LuxeLifeRealEstateGroup.comInformation compiled by the GSMLS as of 9/2/2025. All information deemed reliable but not guaranteed. This is not a solicitation if your home is currently listed with a real estate broker.MILLBURN-SHORT HILLS AUGUST HOMES SOLD & MARKET REVIEWMILLBURN-SHORT HILLS AUGUST HOMES SOLDCLIENT REVIEWSSimon was with us every step of theway--from preparing the house to thefinal walk through and closing. He wasresponsive and truly cared.” –C.M.“We worked with Megan for a while tofind our home. We just closed on ourhouse. She is incredibly trustworthyand her goal is to ensure you find thebest house you can. She is patientand it is very relaxing to work with her.Purchasing a house is a big decision.She has encouraged us to only dowhat is best for our family andsituation. Strongly recommendMegan!” –S.K.If you are thinking ofmarketing your homethis Fall or Winter,it’s important to takeexterior photos whilethe landscaping isstill lush and beforeclosing your pool ifyou have one!Contact us toschedule yourconsultation andlearn about ourexterior photoprogram.EXTERIORPHOTO OFFER!

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You might be surprised at howmuch your home is worth today!Scan this QR code and find outyour home value in seconds!Simon Westfall-KwongBROKER-AssociateM: 973.489.8885 0: 866-201-6210 x2913Simon@LuxeLifeRealEstateGroup.comLuxeLifeRealEstateGroup.comSimonJon Lamkin973.219.9282jonl@rate.com75 Main Street, Suite 205Millburn, NJ 07041 Not all applicants will be approved for financing. Receipt of application does notrepresent an approval for financing or interest rate guarantee. Restrictions may apply,contact Guaranteed Rate for current rates and more information. (20210526-196258)Contact me today to lock in a low rate!LuxeLifeRealEstateGroup.comNMLS: 143207 LO Lic: CT - LO-143207 - 17196, NJ-Licensed - Licensed, NY Licensed - B500887 | ©Guaranteed Rate 2020 | 3940 N. Ravenswood Ave., Chicago, IL. 60613 NMLS ID 2611 (NationwideMortgage Licensing System, www.nmlsconsumeraccess.org) • CT - Lic #17196, NJ - Licensed in NJ:Licensed Mortgage Banker - NJ Department of Banking & Insurance, NY - Licensed Mortgage Banker -NYS Department of Financial Services-Lic #B500887EQUAL HOUSING LENDER*SOURCE: www.freddiemac.com/pmms/.Average yearly interest rates illustrated in the above graph are based on annual averages as listed onwww.freddiemac.com/pmms/pmms30.htm, based on rates for 30-Year fixed-rate mortgages and are not advertised rates fromGuaranteed Rate. 100% RECYCLABLESimon has been serving New Jersey for over 20 years: • #1 eXp agent and team on Garden State Multiple Listing Service• Over $300M sold in Millburn-Short Hills!• Top 2 Listing Agent and Marketing Specialist in Short Hills in 2023• Combined Team Sales Volume over $900M!*• Top 1% of local area agents in the Garden State MLS*• NJ REALTORS® Circle of Excellence Sales Award® 2011-2024*per GSMLS and Real Trends as of 1/06/25With a mortgagecompany that can offerlow rates and a fast,transparent process: In-house underwritingand closing24-hour underwritingturn timesJumbo financingexpertsMortgage Ratesare ComingDown...Great BuyingOpportunity!Dear Friends and Neighbors,We hope that you had a great summer and Labor Day weekend!Please see the reverse side for the latest market analytics andhomes sold. Of particular note, Short Hills home sales are at arecord high average sold price but also on track to have thefewest total homes sold in over a decade. Millburn’s averagesold price is also at a record high. The absorption rate chart tothe right also indicates lower available homes to purchase and astrong sellers’ market throughout our surrounding towns.If you’re considering selling your home now or this Fall / Winter,we are here to partner with you in understanding the value ofyour home in today’s Seller’s market and to provide home prepsolutions resulting in an optimal sale plus provide transitionoptions. Please reach out to me at 917-774-9242 anytime for acomplimentary confidential consultation, and to take advantageof our Exterior Photos Program when your home has maximumcurb appeal due to full greenery and foliage plus, if you have apool, let’s get those photos before it’s closed up!The Absorption Chart above shows low inventory across some key towns weserve for the past 3 months. 1-to-3 months absorption rate is a Seller Market;3-to-6 months is a balanced market; and 6+ months is a Buyer Market.