Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 106 121  12% 100  6% 
Median List Price $1,800,000 $1,800,000 $1,885,000  5% 
% 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 57 50  14% 65  12% 
Median House Size 5,542 6,000  8% 6,400  13% 
Median $/Sq.Ft. $391/sqft $391/sqft $399/sqft  2% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 104 119  13% 92  13% 
Median List Price $1,850,000 $1,800,000  3% $1,945,000  5% 
% 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 57 50  14% 65  12% 
Median House Size 5,542 6,000  8% 6,400  13% 
Median $/Sqft $391/sqft $391/sqft $399/sqft  2% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 2 2 8  75% 
Median List Price $330,000 $325,000  2% $695,000  53% 
% 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 176 147  20% 19  826% 
Median House Size - - 1,150  
Median $/Sqft - - $239/sqft  
All Types Single Family Home Condo/Townhouse  
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Median List Price for Millburn

$1,800,000

Market Data for Millburn

 12/131/142/143/144/145/146/14
Price Reductions21159253432
New Listings12303251736257
Sold/Expired27223935476251
All Types Single Family Home Condo/Townhouse  
 12/131/142/143/144/145/146/14
Price Reductions11159253432
New Listings10303048736155
Sold/Expired22213831476249
All Types Single Family Home Condo/Townhouse  
 12/131/142/143/144/145/146/14
Price Reductions1------
New Listings2-23-12
Sold/Expired5114--2
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 07/01/2014
Millburn's home resale inventories decreased sharply, with a 12 percent decrease since June 2014. 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 3 price increases and 32 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
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