The Burlington County real estate market in New Jersey experienced steady growth during May 2025, with communities like Mount Laurel, Moorestown, and Marlton showing continued buyer interest. Home sales increased modestly while inventory concerns persisted across the region.
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What May Meant for Buyers in Burlington County
Buyers in Burlington County found themselves navigating a competitive landscape in May 2025. With 463 homes sold, representing a 5.2% increase from the previous year, competition remained strong throughout communities like Evesham Township, Cherry Hill, and Cinnaminson. The median sales price reached $390,000, up 1.3% from May 2024, reflecting steady appreciation across the county.
Homes spent an average of 13 days on market, unchanged from last year, indicating properties continued to move quickly. Buyers needed to act decisively, particularly in desirable neighborhoods like Haddonfield and Collingswood, where multiple offers remained common. About 57.5% of homes closed over list price, though this represented a slight decline from the 61.8% recorded in May 2024.
Seller Highlights from May in Burlington County
Sellers experienced favorable conditions despite some cooling from the previous year’s peak activity. New listings totaled 588 properties, down 33.4% from May 2024, creating continued inventory constraints across Burlington County. This limited supply particularly benefited sellers in townships like Washington Township and Medford, where quality homes attracted multiple offers.
Active inventory averaged 1,023 homes during May, up 24.3% from last year but still well below historical norms. Sellers who priced strategically found success, with 16.4% of homes closing exactly at list price. The combination of limited supply and steady demand meant well-prepared properties in areas like Mount Holly and Bordentown continued to generate strong buyer interest.
Key Takeaways:
- Home sales rose 5.2% year-over-year to 463 closings, indicating sustained market activity
- Median prices increased 1.3% to $390,000, showing steady but moderate appreciation
- New listings declined 33.4%, creating ongoing inventory challenges for buyers
Related Market Reports:
Compare Burlington County’s performance with other South Jersey markets:
- Camden County Market Recap for May 2025
- Cumberland County Market Recap for May 2025
- Gloucester County Market Recap for May 2025
- Salem County Market Recap for May 2025
See how the market has evolved: Burlington County Market Recap for April 2025
