in Englewood Cliffs, NJ • 2026 Buying Guide
Best Month
February
$1.20M
Avoid
April
$1.66M
Potential Savings
$459K
27.7% difference
Market Type
Balanced
6.0 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$1.50M
N/A YoY
Days on Market
156
median days
Inventory
18
active listings
Sale-to-List Ratio
94.8%
room to negotiate
Jan
$1.34M
Feb
$1.20M
BestMar
$1.16M
Apr
$1.66M
PeakMay
$1.50M
Jun
$1.55M
Jul
$1.26M
Aug
$1.36M
Sep
$1.35M
Oct
$1.27M
Nov
$1.38M
Dec
$1.62M
Based on historical sales data in Englewood Cliffs
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Englewood Cliffs's median price at $1.50M, a 20% down payment would be approximately $300K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Englewood Cliffs's housing market, February is typically the best time to buy a condo. During this month, prices average around $1.20M, which is 27.7% lower than peak prices in April. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Englewood Cliffs is $1.50M. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Englewood Cliffs has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Englewood Cliffs include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Englewood Cliffs currently spend an average of 156 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Englewood Cliffs's median price of $1.50M, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Englewood Cliffs? Our analysis shows that February typically offers the best prices, with homes averaging around $1.20M. Buying during this time could save you up to $459K compared to peak months like April.
With a median price of $1.50M and homes spending an average of 156 days on market, Englewood Cliffs is currently a balanced market. There's currently 6.0 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Working with a local real estate agent who knows Englewood Cliffs can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in condos.