The Burlington County real estate market in New Jersey delivered mixed signals during March 2025, as activity in communities like Mount Laurel, Cherry Hill, and Evesham Township reflected broader seasonal patterns. While sales volumes dipped compared to last March, buyer competition intensified and prices held remarkably steady across the county.
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What March Meant for Buyers in Burlington County
March presented a challenging landscape for Burlington County homebuyers, with 349 closed sales representing a 6.7% decline from March 2024. However, this reduction in available inventory created heightened competition among active buyers. Nearly half of all homes (48.1%) closed above their listing price, though this represented a decrease from the 57% recorded last year.
Buyers found themselves navigating a market where homes moved quickly, with the average days on market climbing to 18 days – still well below the seasonal norm. Communities like Moorestown and Mount Holly saw particularly brisk activity, as buyers competed for limited available properties. The slight increase in inventory, with 847 active listings representing a 24.4% jump from last year, provided some relief but wasn’t enough to significantly ease buyer pressure.
Seller Highlights from March in Burlington County
Burlington County sellers enjoyed stable pricing conditions in March, with the median sales price holding at $380,000 – representing a solid 5.6% increase from the previous year. This price stability came despite the seasonal uptick in new listings, which rose 24.4% to 847 properties coming to market.
Properties in desirable townships like Medford and Cinnaminson continued to attract multiple offers, though the percentage of homes selling above asking price moderated from last year’s heights. Sellers benefited from continued buyer urgency, with homes spending an average of just 18 days on market before going under contract. The combination of steady prices and quick sales created favorable conditions for homeowners considering a move, particularly in established neighborhoods throughout the county.
Key Takeaways:
- 349 homes closed in March, down 6.7% year-over-year, reflecting typical seasonal patterns
- Median price held steady at $380,000, up 5.6% from last March, showing market resilience
- Active inventory increased 24.4% to 847 listings, providing buyers more options than last year
Related Market Reports:
Compare Burlington County’s performance with other South Jersey markets:
- Camden County Market Recap for March 2025
- Cumberland County Market Recap for March 2025
- Gloucester County Market Recap for March 2025
- Salem County Market Recap for March 2025
See how the market has evolved: Burlington County Market Recap for February 2025
