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Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 124 127  2% 121  2% 
Median List Price $1,849,000 $1,849,000 $1,800,000  3% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - -
Median Days On Movoto 58 50  16% 50  16% 
Median House Size 5,542 5,542 6,000  8% 
Median $/Sq. Ft. $408/Sq. Ft. $408/Sq. Ft. $391/Sq. Ft.  4% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 119 122  2% 119  
Median List Price $1,900,000 $1,900,000 $1,800,000  6% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - -
Median Days On Movoto 60 55  9% 50  20% 
Median House Size 5,960 5,960 6,000  1% 
Median $/Sq. Ft. $416/Sq. Ft. $416/Sq. Ft. $391/Sq. Ft.  6% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 5 5 2  150% 
Median List Price $949,000 $949,000 $325,000  192% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - -
Median Days On Movoto 23 18  28% 147  84% 
Median House Size 3,500 3,500 -  
Median $/Sq. Ft. $285/Sq. Ft. $285/Sq. Ft. -  
All Types Single Family Home Condo/Townhouse  
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Trend Metrics
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Median List Price for Millburn

$1,849,000

Market Data for Millburn

 12/141/152/153/154/155/156/15
Price Reductions35617172633
New Listings8314154745961
Sold/Expired32153349594751
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions35517162533
New Listings8304152745854
Sold/Expired32143149584648
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions--1-11-
New Listings-1-2-17
Sold/Expired-12-113
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 07/01/2015
Millburn's home resale inventories decreased slightly, with a 2 percent decrease since June 2015. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July. The median listing price in Millburn stayed the same from June to July. There were a total of 1 price increases and 33 price decreases.
Millburn, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Millburn homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Millburn. Movoto is your comprehensive source for Millburn property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.
Listings Demographics
Nearby Homes for Sale
New 368 Old Short Hills Rd, Millburn, NJ
16
$1,795,000
5 Beds
5.5 Baths
- Sq. Ft.
Single Family House
New 71 Kean Rd, Millburn, NJ
25
$1,699,000
4 Beds
4.5 Baths
5,000 Sq. Ft.
Single Family House
New 114 Tennyson Dr, Millburn, NJ
25
$1,495,000
4 Beds
2.5 Baths
- Sq. Ft.
Single Family House
New 21 Oval Rd, Millburn, NJ
1
$1,195,000
4 Beds
3.5 Baths
2,568 Sq. Ft.
Single Family House
New 920 S Orange Ave, Millburn, NJ
25
$685,000
3 Beds
2.5 Baths
- Sq. Ft.
Single Family House