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Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 94 96  2% 98  4% 
Median List Price $1,900,000 $1,950,000  3% $1,760,000  8% 
% 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 87 87 74  18% 
Median House Size 6,000 6,500  8% 5,700  5% 
Median $/Sq. Ft. $408/Sq. Ft. $381/Sq. Ft.  7% $385/Sq. Ft.  6% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 89 91  2% 98  9% 
Median List Price $1,999,000 $1,999,000 $1,760,000  14% 
% 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 87 87 74  18% 
Median House Size 6,000 6,767  11% 5,700  5% 
Median $/Sq. Ft. $408/Sq. Ft. $396/Sq. Ft.  3% $385/Sq. Ft.  6% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 5 5 -  
Median List Price $919,000 $919,000 -  
% 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 65 62  5%  
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
Time Period

Median List Price for Millburn

$1,900,000

Market Data for Millburn

 2/153/154/155/156/157/158/15
Price Reductions6171726332813
New Listings41547459614719
Sold/Expired33495948525744
All Types Single Family Home Condo/Townhouse  
 2/153/154/155/156/157/158/15
Price Reductions5171625332613
New Listings41527458544118
Sold/Expired31495847495242
All Types Single Family Home Condo/Townhouse  
 2/153/154/155/156/157/158/15
Price Reductions1-11-2-
New Listings-2-1761
Sold/Expired2-11352
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 09/01/2015
Millburn's home resale inventories decreased slightly, with a 2 percent decrease since August 2015. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in September. The median listing price in Millburn went down from August to September. There were a total of 1 price increases and 13 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 19 Western Dr, Millburn, NJ
25
$2,395,000
6 Beds
6 Baths
5,000 Sq. Ft.
Single Family House
New 378 Hartshorn Dr, Millburn, NJ
1
$2,250,000
6 Beds
5.5 Baths
- Sq. Ft.
Single Family House
New 368 Old Short Hills Rd, Millburn, NJ
25
$1,768,000
5 Beds
5.5 Baths
- Sq. Ft.
Single Family House
New 36 Dryden TER, Millburn, NJ
25
$1,695,000
4 Beds
3.5 Baths
3,700 Sq. Ft.
Single Family House
New 113 Short Hills Ave, Millburn, NJ
19
$749,000
4 Beds
2 Baths
- Sq. Ft.
Single Family House