Short Answer
The average days on market in Burlington County varies by town and price range. In desirable towns like Moorestown, Medford, and Mount Laurel, well-priced homes typically sell in 15 to 45 days. In more affordable towns or for higher-priced homes, it may take 60 to 90 days. The countywide average is approximately 30 to 45 days, though this fluctuates with seasonal trends and market conditions.
Days on market is a key indicator of market health and pricing accuracy. In Burlington County, the most desirable towns consistently see the lowest days on market. Moorestown homes often go under contract within 7 to 14 days when priced correctly. Medford and Mount Laurel typically see 14 to 30 days. More affordable towns like Burlington City, Willingboro, and Pemberton may see 30 to 60 days on average. Higher-priced homes above $700,000 tend to take longer to sell, often 60 to 90 days or more. Homes that are priced above market value will sit longer and may require price reductions. The first two weeks on the market are the most critical, with the most showings and online views. If a home has not gone under contract within 30 days, it is typically a sign that the price needs to be adjusted. Seasonal factors also affect days on market, with spring and early summer typically seeing the fastest sales.
Bob's Advice
Redfin Senior Agent · AI Certified Agent
Days on market tells you a lot about the market and about how a specific home is priced. If you are selling, pricing correctly from day one is essential. If you are buying, a home that has been on the market for more than 30 days may have room for negotiation. I track days on market for every town and can help you understand what it means for your strategy.
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