Are prices rising?

Yes, prices in Butler have increased, with the median sold price rising to $607,000, marking a 19.03% month-over-month change.

How is the inventory?

Inventory levels have significantly increased, with a 30.58% change from last month and a 163.04% change over the past year, resulting in a 3.63-month supply of inventory.

Are homes selling quickly?

Homes in Butler are selling relatively quickly, with a median of 15 days in RPR for sold listings, a decrease of 42.31% in median days on the market from the previous month.

What about new listings?

There are 18 new listings with a median list price of $549,950, and 29 active listings with a median list price of $549,900, offering a variety of options for buyers, including first-time and move-up buyers.

Butler is home to the scenic Butler Reservoir and offers convenient access to major highways, enhancing its appeal to those seeking both tranquility and connectivity. For those considering buying in Butler, the current market conditions present an opportunity to explore a diverse range of listings with increasing inventory and competitive pricing.

Connect with Lizbeth "Betsy" Janoski of WEICHERT, REALTORS® at lbetsyjanoski@weichert.com for expert guidance on navigating the Butler, New Jersey market.

973-919-5028