Market Update
Monmouth County
Q3 2026
Residential Property Snapshot
Single Family Homes & Condos | Q3 2026
Med. Sales Price
$751k
2% more than in
Q3 2025
Q3 2025
Avg. Days On Market
29
6% fewer than in
Q3 2025
Q3 2025
Closed Sales
2,094
2% more than in
Q3 2025
Q3 2025
Inventory
1,603
15% more than in
Q3 2025
Q3 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q3 '22 | $619k | $740k | 2377 |
| Q3 '23 | $665k | $798k | 1859 |
| Q3 '24 | $719k | $840k | 1970 |
| Q3 '25 | $735k | $902k | 2044 |
| Q3 '26 | $751k | $958k | 2094 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 17.2% |
|---|---|
| Q3 '26 | 361 |
| Q3 '25 | 387 |
| 1YR CHANGE | -7% |
| Closed $500k - $1m | 55.7% |
| Q3 '26 | 1167 |
| Q3 '25 | 1199 |
| 1YR CHANGE | -3% |
| Closed $1m - $2m | 21.7% |
| Q3 '26 | 455 |
| Q3 '25 | 370 |
| 1YR CHANGE | +23% |
| Closed Over $2m | 5.3% |
| Q3 '26 | 111 |
| Q3 '25 | 88 |
| 1YR CHANGE | +26% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q3 '22 | 21 | $619k |
| Q3 '23 | 26 | $665k |
| Q3 '24 | 31 | $719k |
| Q3 '25 | 31 | $735k |
| Q3 '26 | 29 | $751k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q3 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
15%
New Listings
New Listings represents the number of properties listed during the quarter.
16%
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.
12%
Closed Sales
2%
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.
-6%
Asbury Park
Median
$849k
DOM
47
Sales
51
Inv
76
Avon-by-the-Sea
Median
$1.78m
DOM
41
Sales
9
Inv
12
Belmar
Median
$998k
DOM
35
Sales
12
Inv
10
Bradley Beach
Median
$875k
DOM
48
Sales
9
Inv
6
Brielle
Median
$1.25m
DOM
31
Sales
18
Inv
7
Interlaken
Median
$2.7m
DOM
25
Sales
3
Lake Como
Median
$700k
DOM
35
Sales
6
Inv
5
Long Branch
Median
$695k
DOM
45
Sales
51
Inv
117
Manasquan
Median
$1.78m
DOM
45
Sales
19
Inv
7
Neptune City
Median
$578k
DOM
11
Sales
23
Inv
7
Neptune Township
Median
$677k
DOM
31
Sales
103
Inv
74
Ocean Grove
Median
$772k
DOM
34
Sales
26
Inv
12
Ocean Township
Median
$832k
DOM
28
Sales
65
Inv
77
Sea Girt
Median
$4.25m
DOM
44
Sales
5
Inv
6
Spring Lake
Median
$920k
DOM
37
Sales
7
Inv
15
Spring Lake Heights
Median
$953k
DOM
17
Sales
10
Inv
12
Wall Township
Median
$913k
DOM
23
Sales
76
Inv
47