BURLINGTON COUNTY HOUSING MARKET DATA

There was an increase in total units sold in April, with 402 sold this month in Burlington County Real Estate versus 352 last month, an increase of 14%. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2024.

Versus last year, the total number of homes available this month is higher by 84 units or 12%. The total number of active inventory this April was 764 compared to 680 in April 2024. This month's total of 764 is lower than the previous month's total supply of available inventory of 771, a decrease of 1%.

Last April, the median sale price for Burlington County Homes was $366,000. This April, the median sale price was $390,000, an increase of 7% or $24,000 compared to last year. The current median sold price is 1% higher than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In April, there was 1.9 months of supply available in Burlington County, compared to 1.5 in April 2024. That is an increase of 23% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 569 homes newly listed for sale in Burlington County compared to 596 in April 2024, a decrease of 5%. There were 493 current contracts pending sale this April compared to 480 a year ago. The number of current contracts remained stable as compared to last April.

In April, the average sale price in Burlington County was 101.5% of the average list price, which is 0.6% lower than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 25, an increase of 20%.





FOCUS ON: BURLINGTON COUNTY HOUSING MARKET			APRIL 2025

Units Sold 402	Active Inventory 764	Median Sale Price $390,000	Days On Market 30

Down -8% Vs. Year Ago	Up 12% Vs. Year Ago	Up 7% Vs. Year Ago	Up 20% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 402 sold this month in Burlington County Real Estate versus 352 last month, an increase of 14%. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 84 units or 12%. The total number of active inventory this April was 764 compared to 680 in April 2024. This month's total of 764 is lower than the previous month's total supply of available inventory of 771, a decrease of 1%.
		Median Sale Price Last April, the median sale price for Burlington County Homes was $366,000. This April, the median sale price was $390,000, an increase of 7% or $24,000 compared to last year. The current median sold price is 1% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 569	Current Contracts 493	Sold Vs. List Price 101.5%	Months of Supply 1.9

Down -5% Vs. Year Ago	Up 3% Vs. Year Ago	Down -0.6% Vs. Year Ago	Up 23% Vs. Year Ago


		Months of Supply In April, there was 1.9 months of supply available in Burlington County, compared to 1.5 in April 2024. That is an increase of 23% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 569 homes newly listed for sale in Burlington County compared to 596 in April 2024, a decrease of 5%. There were 493 current contracts pending sale this April compared to 480 a year ago. The number of current contracts remained stable as compared to last April.
		Sale Price to List Price Ratio In April, the average sale price in Burlington County was 101.5% of the average list price, which is 0.6% lower than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 25, an increase of 20%.



	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.