Скачать или смотреть 🏡 Burlington, NJ Real Estate Market Insights – April 2025 🏡 Hello, Burlington! Let's dive into th

🏡 Burlington, NJ Real Estate Market Insights – April 2025 🏡

Hello, Burlington! Let's dive into the latest real estate market trends and what they mean for you as a buyer or seller.

🔹 **Median Sale Price**: $242,500, with a slight decrease of 3.96% YoY. This dip could be a great opportunity for buyers to enter the market at a more favorable price point.

🔹 **Median List Price**: $295,000, showing a minor decline of 1.65% YoY. Sellers, while prices have slightly decreased, the market remains competitive, so strategic pricing is key.

🔹 **Price Per Square Foot**: Increased by 29.21% YoY to $189.42. This significant rise indicates that property value per square foot is appreciating, a positive sign for long-term investment.

🔹 **Homes Sold**: 10 homes, a 54.55% decrease YoY. This drop suggests a more selective buying environment, making it crucial for sellers to enhance property appeal.

🔹 **New Listings & Inventory**: New listings are up by 42.86% YoY, and inventory has increased by 44.44% YoY. Buyers, this means more options to choose from, while sellers should focus on making their listings stand out.

🔹 **Months of Supply**: Increased to 5.2 months, up by 3.6 YoY. This shift towards a more balanced market gives both buyers and sellers a fair playing field.

🔹 **Median Days on Market**: 52 days, with a slight increase of 7 days YoY. Sellers, patience is key, but ensure your property is market-ready to attract quicker offers.

Whether you're buying or selling, understanding these trends can help you make informed decisions in Burlington's dynamic market. Let's make your property dreams a reality!

[Data Source: Redfin]

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