Market Update

Monmouth County

Q2 2023

Residential Property Snapshot

Single Family Homes & Condos | Q2 2023
Med. Sales Price
$625k
5% more than in
Q2 2022
Avg. Days On Market
31
29% more than in
Q2 2022
Closed Sales
1,786
19% fewer than in
Q2 2022
Inventory
1,119
Data unavailable for
Q2 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q2 2023

Rotate your device to view as table
'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-36%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-19%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
29%

60 Communities

Communities

Allenhurst

Median
$2.7m
DOM
109
Sales
1
Inv
2

Allentown

Median
$438k
DOM
33
Sales
6
Inv
1

Allenwood

Median
$780k
DOM
17
Sales
2
Inv
0

Asbury Park

Median
$620k
DOM
52
Sales
37
Inv
29

Atlantic Highlands

Median
$700k
DOM
12
Sales
13
Inv
12

Belford

Median
$695k
DOM
13
Sales
3
Inv
5

Belmar

Median
$682k
DOM
44
Sales
9
Inv
9

Bradley Beach

Median
$1.11m
DOM
15
Sales
10
Inv
6

Brielle

Median
$970k
DOM
43
Sales
19
Inv
9

Cliffwood

Median
$428k
DOM
38
Sales
12
Inv
6

Cliffwood Beach

Median
$375k
DOM
64
Sales
10
Inv
8

Colts Neck

Median
$1.21m
DOM
46
Sales
23
Inv
31

Cream Ridge

Median
$475k
DOM
28
Sales
17
Inv
9

Deal

Median
n/a
Sales
0
Inv
5

East Freehold

Median
$626k
DOM
46
Sales
14
Inv
4

Eatontown

Median
$470k
DOM
15
Sales
22
Inv
15

Englishtown

Median
$728k
DOM
9
Sales
3
Inv
2

Fair Haven

Median
$1.5m
DOM
33
Sales
19
Inv
6

Farmingdale

Median
$630k
DOM
49
Sales
5
Inv
1

Interlaken

Median
$1.01m
DOM
59
Sales
6
Inv
3

Keansburg

Median
$338k
DOM
45
Sales
36
Inv
17

Keyport

Median
$344k
DOM
26
Sales
14
Inv
19

Lake Como

Median
$730k
DOM
9
Sales
7
Inv
8

Leonardo

Median
$637k
DOM
42
Sales
7
Inv
5

Lincroft

Median
$803k
DOM
36
Sales
18
Inv
7

Little Silver

Median
$720k
DOM
24
Sales
18
Inv
9

Loch Arbour

Median
n/a
Sales
0
Inv
2

Locust

Median
$590k
DOM
8
Sales
2
Inv
2

Long Branch

Median
$725k
DOM
40
Sales
53
Inv
104

Manasquan

Median
$1.11m
DOM
40
Sales
17
Inv
27

Matawan

Median
$440k
DOM
20
Sales
11
Inv
10

Millstone Township

Median
$765k
DOM
24
Sales
17
Inv
25

Monmouth Beach

Median
$901k
DOM
27
Sales
15
Inv
11

Morganville

Median
$850k
DOM
41
Sales
19
Inv
3

Navesink

Median
$715k
DOM
27
Sales
5
Inv
5

Neptune City

Median
$524k
DOM
21
Sales
12
Inv
3

North Middletown

Median
$423k
DOM
30
Sales
15
Inv
3

Oakhurst

Median
$741k
DOM
50
Sales
14
Inv
32

Ocean Grove

Median
$748k
DOM
28
Sales
16
Inv
4

Ocean Township

Median
$737k
DOM
36
Sales
69
Inv
80

Oceanport

Median
$839k
DOM
39
Sales
21
Inv
13

Port Monmouth

Median
$455k
DOM
34
Sales
14
Inv
10

Red Bank

Median
$575k
DOM
29
Sales
31
Inv
23

Roosevelt

Median
$531k
DOM
68
Sales
2
Inv
2

Rumson

Median
$2.05m
DOM
81
Sales
22
Inv
18

Sea Bright

Median
$1.47m
DOM
23
Sales
10
Inv
10

Sea Girt

Median
$3m
DOM
72
Sales
12
Inv
6

Shark River Hills

Median
$632k
DOM
14
Sales
11
Inv
4

Shrewsbury

Median
$785k
DOM
19
Sales
14
Inv
8

Shrewsbury Township

Median
$165k
DOM
17
Sales
5
Inv
1

Spring Lake

Median
$2.84m
DOM
32
Sales
14
Inv
16

Spring Lake Heights

Median
$749k
DOM
33
Sales
17
Inv
6

Strathmore

Median
$603k
DOM
24
Sales
18
Inv
8

Tinton Falls

Median
$515k
DOM
16
Sales
58
Inv
11

Union Beach

Median
$514k
DOM
54
Sales
22
Inv
16

Upper Freehold Township

Median
$670k
DOM
27
Sales
18
Inv
8

Wall Township

Median
$601k
DOM
25
Sales
84
Inv
39

Wanamassa

Median
$565k
DOM
35
Sales
7
Inv
14

West Belmar

Median
$546k
DOM
26
Sales
12
Inv
0

West Long Branch

Median
$665k
DOM
30
Sales
15
Inv
38

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Data provided by Central Jersey MLS, and Monmouth Ocean Regional REALTORS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Jun 30, 2023 end of day. This report was last updated Jul 7, 2023.

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