Low supply changes how you plan your first two weeks on market
You are deciding when to launch your home so it gets maximum attention fast. My answer in Pequannock Township, NJ is to time your listing around readiness, because a low-supply market rewards the seller who hits the market clean and confident.
Looking at the latest numbers, the clearest signal was supply months of supply sat at 1.52 recently, and it was reported as a 3.18% month over month change. In the most recent three-month activity summary, there were 1 new listing, 3 homes that went pending, and 10 that closed.
This changes your plan because when supply is that tight, buyers do not have endless alternatives, but they also do not forgive a messy launch. Some metrics were not reported for this period. Because a typical sold price and overall list-to-sold percentage were not reported at the market level for the latest month, I keep the focus on what we do know the pace of activity and the limited supply that can amplify first impressions.
Treat the first fourteen days like your make-or-break window and remove preventable objections before you go live. Price to the most recent active asking level rather than chasing a higher number that forces price cuts later. If you have flexibility, align your launch so showings are easy to schedule right away, because the recent counts in Pequannock Township, NJ show buyers are still writing contracts and closings are happening.
