07/22/2026
Millburn Single Family Real Estate report— June 2026
A big price surge alongside steady sales volume. New listings rose to 37 (+32.1% YoY), while closed sales held flat at 32 (0.0%) — supply grew but demand kept pace. Homes sold notably faster, averaging 17 days on market (down from 23, -26.1%).
Median sales price jumped sharply to $2,537,500 (+36.2% YoY) — the standout number here — while sellers received a slightly lower share of list price at 104.4% (down from 108.4%). That combination (faster sales, still-strong list-price ratio, big price jump) suggests a mix shift toward higher-end sales as much as broad appreciation, worth flagging when discussing with clients.
Inventory tightened to 35 homes (-10.3%), with months of supply essentially flat at 2.0 (-4.8%) — still a tight, seller-favorable market.
Year-to-date, the trend is more measured: closed sales up 12.8% to 97, and median price up 13.5% to $2,200,000 — a more sustainable pace than June's single-month spike, and probably the more representative number to lead with.