Lina Panza's Market Report

Millburn, NJ 07041

Condos/Townhomes

Keller Williams NJ Metro | www.WalkableSuburb.com | 973-809-5277



Current active inventory in Millburn, NJ 07041 is very low. Keep this in mind when looking at this report.

Millburn, NJ 07041

Thu Mar 28 2024
This week the median list price for Millburn, NJ 07041 is $1,195,000 with the market action index hovering around 45. This is an increase over last month's market action index of 30. Inventory has held steady at or around 1. Click here to stay informed with the Millburn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Millburn, NJ 07041

Thu Mar 28 2024
This week the median list price for Millburn, NJ 07041 is $1,195,000 with the market action index hovering around 45. This is an increase over last month's market action index of 30. Inventory has held steady at or around 1. Click here to stay informed with the Millburn market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Millburn market.
Median List Price $1,195,000
Median Price of New Listings $1,195,000
Per Square Foot $0
Average Days on Market 0
Median Days on Market 0
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 45
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,195,000 0 - 7 5.5 NaN 1 1 0