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Millburn, 07041 Market Trends

Today, January 1, 2010

Median Sales Price in 07041

Embed Info
1 yr 5 yr Max
07041, Millburn median sales prices
Number of sold homes in 07041, Millburn
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
07041$467,250-21.6%$630,000$596,000$615,000
Millburn$467,250-21.6%$630,000$596,000$615,000
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Millburn, 07041 Summary

The median sales price for homes in ZIP code 07041 for Sep 09 to Nov 09 was $467,250. This represents a decline of 25.8%, or $162,750, compared to the prior quarter and a decrease of 21.6% compared to the prior year. Sales prices have depreciated 24% over the last 5 years in 07041, Millburn.

Average listing price for homes on Trulia in ZIP code 07041 was $889,730 for the week ending Dec 23, which represents a decline of 2.3%, or $20,780 compared to the prior week and a decline of 2.7%, or $24,647, compared to the week ending Dec 02. Average price per square foot for homes in 07041 was $332 in the most recent quarter.

 

Average Listing Price in 07041

Embed Info
1 yr 5 yr Max
07041, Millburn average property price
07041, Millburn – number of properties
LocationWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
07041$889,730-2.3%$910,510$937,978$914,377
Millburn$889,730-2.3%$910,510$937,978$914,377
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Average Price Per Sqft for Homes in 07041

Embed Info
1 yr 5 yr Max
07041, Millburn average price per square foot
LocationSep - Nov '09y-o-y3 months prior1 year prior5 years prior
07041$332-3.5%$354$344-
Millburn$332-3.5%$354$344-
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Popular Zips in Millburn

Zips Week ending
Dec 23
w-o-w Week ending
Dec 16
Week ending
Dec 9
07041 1 — 1 1
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Homes for Sale in 07041

107 Millburn Avenue, Millburn NJ
107 Millbu…
$1,350,000
4 br  4 ba
670 Ridgewood Road, Millburn NJ
670 Ridgew…
$439,000
4 br  2 ba
10B Lakeside Drive, Millburn NJ
10B Lakesi…
$299,000
1 br  1 ba
894 Ridgewood Road, Millburn NJ
894 Ridgew…
$699,000
3 br  1 ½ ba
13 Blaine Street, Millburn NJ
13 Blaine…
$459,000
3 br  1 ba
878 Ridgewood Road, Millburn NJ
878 Ridgew…
$725,000
4 br  3 ½ ba
View all 07041 Homes for Sale
 
Stats & Trends
07041, Millburn

Real Estate Overview

Market Trends

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Millburn

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Nearby Cities

Cities
Median
sales price
Average
listing price
Vauxhall
$225,000
$270,633
Short Hills
$1,345,000
$2,171,472
Springfield
$400,000
$476,956
Maplewood
$465,000
$487,016
South Orange
$585,000
$577,067
Union
$285,000
$331,167
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Recent Q&A in Millburn, NJ

Q: Looking to buy a single family home in the Millburn / Short Hills area. Any adivice on how I should go about selecting a realtor? 8 answers
Q: How can I buy this home? 3 answers
Q: I am looking to buy a family home in the Chatham / Millburn area. My budget is in the 700K range. Should I? 10 answers
Q: For whom would an interest-only mortgage be best? 8 answers
Q: Do you know of any owner financing on homes up to 600K in SO / Mplwd? Recent short sale has damaged my credit. Great income/ stable employment. 4 answers

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Nearby Cities Real Estate

  • Vauxhall Real Estate
  • Short Hills Real Estate
  • Springfield Real Estate
  • Maplewood Real Estate
  • South Orange Real Estate
  • Union Real Estate

Nearby Cities Sold Homes

  • Vauxhall Sold Homes
  • Short Hills Sold Homes
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  • South Orange Sold Homes
  • Union Sold Homes

Nearby Cities Home Prices

  • Vauxhall Home Prices
  • Short Hills Home Prices
  • Springfield Home Prices
  • Maplewood Home Prices
  • South Orange Home Prices
  • Union Home Prices

07041 Stats & Trends

  • 07041 Real Estate Overview
  • Millburn Schools
  • Millburn Community Info
  • Millburn Home Prices
  • 07041 Real Estate
  • 07041 Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Millburn real estate market. Find Millburn properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Millburn average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Millburn housing statistics are available for each Millburn, NJ neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.