The Burlington County real estate market delivered steady performance during February 2025, with activity across communities like Mount Holly, Moorestown, and Evesham Township showing resilience despite seasonal factors. Burlington County New Jersey continues to attract buyers seeking suburban lifestyles, though inventory challenges persist in many neighborhoods.
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What February Meant for Buyers in Burlington County
February brought mixed signals for buyers throughout Burlington County. Closed sales declined slightly by 2.4% year over year, with 327 homes changing hands compared to 335 in February 2024. However, the median sales price rose 5.6% to $375,000, reflecting continued value appreciation in desirable areas like Medford, Cherry Hill, and Cinnaminson.
Buyer competition remained evident with 40.4% of homes selling over list price, though this represented a decrease from 44.8% the previous year. Days on market increased significantly to 27 days, up 50% from 18 days in February 2024, giving buyers slightly more time to make decisions. New listings dropped 12% to 486 homes, creating ongoing inventory constraints across townships like Westampton and Burlington Township.
Seller Highlights from February in Burlington County
Sellers in Burlington County faced a balanced market environment during February. Active inventory rose 14.6% to 747 homes, providing more options for buyers but also increasing competition among sellers. Properties that sold at list price dropped to 16.8%, down from 23.9% the previous year, suggesting pricing strategies needed adjustment in some areas.
The percentage of homes closing over list price remained healthy at over 40%, particularly in established neighborhoods throughout Mount Laurel and Marlton. Pending sales activity decreased 12.5% to 425 homes, indicating softer buyer demand heading into spring. Sellers in well-maintained properties within top school districts continued to see strong interest and competitive offers.
Key Takeaways:
- Median home prices increased 5.6% to $375,000, showing continued appreciation
- Days on market doubled to 27 days, giving buyers more negotiating time
- New listings fell 12%, maintaining inventory pressures across the county
Related Market Reports:
Compare Burlington County’s performance with other South Jersey markets:
- Camden County Market Recap for February 2025
- Cumberland County Market Recap for February 2025
- Gloucester County Market Recap for February 2025
- Salem County Market Recap for February 2025
See how the market has evolved: Burlington County Market Recap for January 2025
