Millburn
Real Estate Trends & Statistics

Market Snapshot for Millburn

  Today 1 Month Ago 1 Year Ago
Total Inventory 57 75  24% 67  15% 
Median List Price $2,150,000 $1,899,000  13% $1,945,000  11% 
% 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 95 75  27% 80  19% 
Median House Size 6,000 5,400  11% 6,200  3% 
Median $/Sq.Ft. $359/sqft $391/sqft  8% $399/sqft  10% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 54 72  25% 62  13% 
Median List Price $2,295,000 $1,988,000  15% $1,995,000  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 96 79  22% 81  19% 
Median House Size 6,000 6,000 6,200  3% 
Median $/Sqft $391/sqft $402/sqft  3% $399/sqft  2% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 3 3 5  40% 
Median List Price $255,000 $255,000 $599,000  57% 
% 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 31 9  244% 63  51% 
Median House Size 767 767 -  
Median $/Sqft $332/sqft $332/sqft -  
All Types Single Family Home Condo/Townhouse  
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Median List Price for Millburn

$2,150,000

Market Data for Millburn

 5/146/147/148/149/1410/1411/14
Price Reductions34311710171716
New Listings62573425393212
Sold/Expired63566127434524
All Types Single Family Home Condo/Townhouse  
 5/146/147/148/149/1410/1411/14
Price Reductions34311710161715
New Listings61553324373210
Sold/Expired63545925434424
All Types Single Family Home Condo/Townhouse  
 5/146/147/148/149/1410/1411/14
Price Reductions----1-1
New Listings12112-2
Sold/Expired-222-1-
All Types Single Family Home Condo/Townhouse  

Overview of Millburn, NJ Market Trends

Updated: 12/01/2014
Millburn's home resale inventories decreased sharply, with a 24 percent decrease since November 2014. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in December. The median listing price in Millburn went up from November to December. There were a total of 1 price increases and 16 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
27 Hillside Ave, Millburn, NJ
25
$5,699,000
6 Beds
8 Baths
10,400 Sq. Ft.
Single Family House
New 27 Woodcrest Ave, Millburn, NJ
12
$3,295,000
7 Beds
8 Baths
- Sq. Ft.
Single Family House
New 7 Addison Dr, Millburn, NJ
24
$2,750,000
7 Beds
6&1/2 Baths
- Sq. Ft.
Single Family House
New 15 Myrtle Ave, Millburn, NJ
6
$849,500
4 Beds
1&1/2 Baths
- Sq. Ft.
Single Family House
9 Reeves Cir, Millburn, NJ
7
$799,000
4 Beds
3 Baths
- Sq. Ft.
Single Family House