Burlington County Market Conditions

Burlington County, New Jersey

The 2007 Burlington County residential median sold price increased slightly for single family homes and decreased for condos.  The number of Single Family homes and Condos sold declined in 2007 from their totals in 2006. The average number of days on the market for properties sold in 2007 increased as new listings increased and home sales declined.

If you are interested in the current value of your home, or the sales statistics for specific town or neighborhood, give me a call or fill out my Home Value Form.

2007  Burlington County  Statistics

• Total number of properties listed: 12,385
• Number of Single Family Sold: 4477 -  Median Sold Price: $261,500
• Number of Condos Sold: 953 -  Median Sold Price: $178,000
• Average Days on Market: 78
• Average Sold Price Obtained from Original Listing Price
  Single Family Homes: 94% Condos 95%

 

2006  Burlington County  Statistics

• Total number of properties listed: 12,840
• Number of Single Family Sold: 5327 -  Median Sold Price: $260,000
• Number of Condos Sold: 1088 -  Median Sold Price: $185,000
• Average Days on Market: 62
• Average Sold Price Obtained from Original Listing Price
  Single Family Homes: 95% Condos 97%

 

2005  Burlington County  Statistics

• Total number of properties listed: 11,063
• Number of Single Family Sold: 6354    Median Sold Price: $246,500
• Number of Condos Sold: 1213    Median Sold Price: $172,900
• Average Days on Market:50
• Average Sold Price Obtained from Original Listing Price
  Homes: 97% Condos 98% 

 

2004  Burlington County  Statistics

• Total number of properties listed: 10,173
• Number of Single Family Sold: 6,355    Median Sold Price: $219,900
• Number of Condos Sold: 1,301    Median Sold Price: $147,500
• Average Days on Market: 49
• Average Sold Price Obtained from Original Listing Price
  Homes: 97% Condos 98%

 

2003 Burlington County  Statistics

• Total number of  properties listed: 9,423
• Number of Single Family Sold: 5,881    Median Sold Price: $189,900
• Number of Condos Sold: 1,305    Median Sold Price: $128,000
• Average Days on Market: 46
• Average Sold Price Obtained from Original Listing Price
  Homes: 97% Condos 99%

 

2002 Burlington County Statistics

• Number of Single Family Sold: 5,665    Median Sold Price: $165,000
• Number of Condos Sold: 1200    Median Sold Price: $107,00
• Average Days on Market: 49
• Average Sold Price Obtained from Original Listing Price
  Homes: 97% Condos 98%

 

2001 Burlington County  Statistics

• Number of Single Family Sold: 5,432    Median Sold Price: $145,900
• Number of Condos Sold: 1063    Median Sold Price: $88,100
• Average Days on Market: 64
• Average Sold Price Obtained from Original Listing Price
  Homes: 96% Condos 97%
   

 

2000 Burlington County  Statistics

• Number of Homes Sold: 6,341    Median Sold Price: $123,500
• Median Days on Market: 53

 

***Based on Information provided by Trend MLS and deemed reliable but not guaranteed .  It does not reflect current homes for sale, sales made prior to the specified date, or future sales.  It is not intended as, nor should it be used in place of an appraisal.***
 

For more information on the real estate market activity in Burlington County, read my Burlington County Real Estate News blog.  Current market condition reports for each county and community news are posted quarterly.  Towns are available by request.