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2022 MARKET STATISTICS
RENDERING
Millburn Township
Compass RE is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
ACTUAL
Millburn
APRIL 2022
UNDER CONTRACT
UNITS SOLD
15 Total Properties
$1.2M Average Price 32% Increase From Apr 2021
$1.1M Median Price
6 Total Properties
$1.3M Average Price 71% Increase From Apr 2021
$1.4M Median Price 63% Increase From Apr 2021
-6% Decrease From Apr 2021
54% Increase From Apr 2021
-33% Decrease From Apr 2021
Property Statistics
Apr 2022
Apr 2021
% Change
Overall
AVERAGE DOM
9
11
-18%
% OF ASKING PRICE
110%
107%
AVERAGE SOLD PRICE
$1,364,048
$798,589
70.8%
# OF CONTRACTS
15
16
-6.2%
NEW LISTINGS
13
17
-24%
Houses
AVERAGE DOM
9
12
-25%
% OF ASKING PRICE
110%
107%
AVERAGE SOLD PRICE
$1,364,048
$847,538
61%
# OF CONTRACTS
14
15
-7%
NEW LISTINGS
12
14
-14%
Condo/Co-op/TH
AVERAGE DOM
-
7
-
% OF ASKING PRICE
-
102%
AVERAGE SOLD PRICE
-
$407,000
-
# OF CONTRACTS
1
1
0%
NEW LISTINGS
1
3
-67%
Sources: Garden State MLS, Hudson MLS, NJ MLS
Millburn
APRIL 2022
Monthly Inventory
Last 12 Months
Prev 12 Months
30
25
20
15
10
5
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Contracts By Price Range
Last 12 Months
Prev 12 Months
50
50
50
43
40
34
30
22
22
19
20
13
11
8
10
3
1
1
1