Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 85 102  17% 87  2% 
Median List Price $1,895,000 $1,695,000  12% $1,649,000  15% 
% 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 71  20% 47  21% 
Median House Size 5,542 6,000  8% 5,542  
Median $/Sq.Ft. $402/sqft $376/sqft  7% $389/sqft  3% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 84 100  16% 81  4% 
Median List Price $1,895,000 $1,768,000  7% $1,750,000  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 57 74  23% 47  21% 
Median House Size 5,542 6,000  8% 5,542  
Median $/Sqft $402/sqft $385/sqft  4% $389/sqft  3% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 1 2  50% 6  83% 
Median List Price $249,900 $267,000  6% $695,000  64% 
% 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 51 22  132% 111  54% 
Median House Size 760 767  1% -  
Median $/Sqft $328/sqft $348/sqft  6% -  
All Types Single Family Home Condo/Townhouse  
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Trend Metrics
Time Period

Median List Price for Millburn

$1,895,000

Market Data for Millburn

 3/144/145/146/147/148/149/14
Price Reductions9253431171017
New Listings51736257352539
Sold/Expired35476356602642
All Types Single Family Home Condo/Townhouse  
 3/144/145/146/147/148/149/14
Price Reductions9253431171016
New Listings48736155342437
Sold/Expired31476354582442
All Types Single Family Home Condo/Townhouse  
 3/144/145/146/147/148/149/14
Price Reductions------1
New Listings3-12112
Sold/Expired4--222-
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 10/01/2014
Millburn's home resale inventories decreased sharply, with a 17 percent decrease since September 2014. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in October. The median listing price in Millburn went up from September to October. There were a total of 0 price increases and 17 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 223 Sagamore Rd, Millburn, NJ
25
$2,300,000
8 Beds, 6 Baths
- Sq. Ft.
Single Family House
New 270 White Oak Ridge Rd, Millburn, NJ
25
$2,295,000
5 Beds, 6&1/2 Baths
- Sq. Ft.
Single Family House
New 83 Hemlock Rd, Millburn, NJ
9
$1,495,000
3 Beds, 2 Baths
- Sq. Ft.
Single Family House
New 55 W Rd, Millburn, NJ
22
$1,449,900
6 Beds, 6 Baths
3,600 Sq. Ft.
Single Family House
288 Glen Ave, Millburn, NJ
21
$969,000
5 Beds, 4&1/2 Baths
- Sq. Ft.
Single Family House