WWSIR 2012 Micro Market Report - Second Quarter

SECOND QUARTER

L ocal Expertise. Global Exposure.

Avon-by-the-Sea | Belmar | Bradley Beach | Brielle | Lake Como | Manasquan Sea Girt | Spring Lake Heights | Spring Lake | Wall

AVON-BY-THE-SEA, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) AVON-BY-THE-SEA, NEW JERSEY

Q2

2011

2012

Median Price............................................................... …………………………$1,260,000.................................................$1,000,000 Average Price...................................................…………………………………$1,260,000 …………………………………………$902,833 Average Days on Market............................... ………………………………………………81 ……………………………………………………141 Highest Price…………….………………………………………………………………$1,260,000……………………………………… $1,200,000 Lowest Price………………………………………………………............................$1,260,000 …………………………………………$218,000 Properties Sold………………………………………………………............................................1 ………………………………………………………6 Sold Price to List Price……………………………………………….……………………93.40%……………………………… ……………87.69% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

BELMAR, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) BELMAR, NEW JERSEY

Q2

2011

2012

Median Price.................................................................... …………………………$517,000...................................................…$497,500 Average Price....................................................... …………………………………$726,364 .…………………………………………$618,250 Average Days on Market.............................………………………………………………189 ...…………………………………………………162 Highest Price…………….………………………………………………………………$2,300,000……………………………………... $1,450,000 Lowest Price………………………………………………………................................$367,000 …………………………..………………$317,000 Properties Sold………………………………………………………..........................................11 …………………………………………………..…14 Sold Price to List Price……………………………………………….……………………89.81%……………………………… ..……………93.52% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

BRADLEY BEACH, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) BRADLEY BEACH, NEW JERSEY

Q2

2011

2012

Median Price...................................................................…………………………$435,000.............................................. .…...$518,000 Average Price.......................................................…………………………………$493,583 ….………………………………….……$587,517 Average Days on Market...............................………………………………………………70 ………………………………..…………………108 Highest Price…………….…………………………………………………………………$860,000…………………………………...… $1,030,000 Lowest Price………………………………………………………...............................$290,000 …………………………………………$225,000 Properties Sold………………………………………………………......................................... 12 ………………..……………………………………15 Sold Price to List Price……………………………………………….……………………95.14%……………………………… …………..…92.22% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

BRIELLE, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) BRIELLE, NEW JERSEY

Q2

2011

2012

Median Price...................................................................…………………………$395,000.....................................................$465,000 Average Price.......................................................…………………………………$516,504 …………………………………………$704,062 Average Days on Market............................. ………………………………………………139 ……………….…………………………………200 Highest Price…………….………………………………………………………………$1,200,000……………………………………… $2,625,000 Lowest Price………………………………………………………............................... $236,000 …………………………………………$50,400 Properties Sold………………………………………………………………………………………....7………………………………………………………15 Sold Price to List Price……………………………………………….……………………90.25%……………………………….. ……………87.71% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

LAKE COMO, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) LAKE COMO, NEW JERSEY

Q2

2011

2012

Median Price.................................................................... …………………………$411,500..................................................... $253,000 Average Price....................................................... …………………………………$411,500 …………………………………………$293,400 Average Days on Market...............................………………………………………………59 ………..…………………………………………164 Highest Price…………….…………………………………………………………………$583,000……………………………………… $435,000 Lowest Price………………………………………………………...............................$240,000 …………………………………………$150,000 Properties Sold………………………………………………………...........................................2 ………………………………………………………5 Sold Price to List Price……………………………………………….……………………94.92%……………………………… ……………92.48% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

MANASQUAN, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) MANASQUAN, NEW JERSEY

Q2

2011

2012

Median Price.................................................................. …………………………$540,000...................................................... $477,500 Average Price.......................................................…………………………………$544,033 ………………………………………..…$503,772 Average Days on Market.............................………………………………………………140 ……………..………………………………………91 Highest Price…………….…………………………………………………....……………$865,000……………………………………… $985,000 Lowest Price………………………………………………………............................... $285,000 …………………………………………$250,000 Properties Sold………………………………………………………………………………….……1.5……………………………………..………………36 Sold Price to List Price……………………………………………….……………………94.18%……………………………..… ……………93.70% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

SEA GIRT, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) SEA GIRT, NEW JERSEY

Q2

2011

2012

Median Price................................................................ …………………………$1,482,500...................................................$1,515,000 Average Price.....................................................…………………………………$1,664,917 ………………………...………………$1,667,767 Average Days on Market.............................………………………………………………120 ………………………..……………………………77 Highest Price…………….………………………………………………………………$3,650,000…………………………………….. $3,850,000 Lowest Price………………………………………………………...............................$580,000 …………………………………………$565,000 Properties Sold………………………………………………………......................................... 12 ………………………..……………………………15 Sold Price to List Price……………………………………………….……………………92.01%………………………….…… ……………95.54% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

SPRING LAKE HEIGHTS, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) SPRING LAKE HEIGHTS, NEW JERSEY

Q2

2011

2012

Median Price...................................................................…………………………$442,500.................................................... $405,000 Average Price.......................................................…………………………………$420,463 ……..……………………………………$419,278 Average Days on Market...............................………………………………………………88 ……………………………………………………172 Highest Price…………….………………………………………………………………...$520,600………………………………………… $630,000 Lowest Price………………………………………………………................................. $257,100 …………………………………………$310,000 Properties Sold………………………………………………………………………………………….8………………………………………………………9 Sold Price to List Price……………………………………………….……………………89.29%……………………………… ….…………96.03% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

SPRING LAKE, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) SPRING LAKE, NEW JERSEY

Q2

2011

2012

Median Price................................................................ …………………………$1,575,000..................................................$1,865,000 Average Price.....................................................…………………………………$1,992,031 ………………………..………………$1,823,849 Average Days on Market.................................……………………………………………116 ………………………..…………………………105 Highest Price…………….………………………………………………………………$3,725,000……………………………………… $5,155,000 Lowest Price……………………………………………………….............................. $650,000 ………………………...………………$650,000 Properties Sold…………………………………………………………………………………….….16……………………..………………………………18 Sold Price to List Price……………………………………………….……………………93.55%……………………..………… ……………91.45% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

WALL, NEW JERSEY | second quarter report 2012 Second Quarter Closed Sales (Volume) WALL, NEW JERSEY

Q2

2011

2012

Median Price................................................................... …………………………$392,500....................................................$400,000 Average Price....................................................... …………………………………$475,435 ………………..…………………………$463,162 Average Days on Market.............................………………………………………………120 …………………….………………………………111 Highest Price…………….……………………………………………………………….$1,375,000……………………………………… $1,700,000 Lowest Price………………………………………………………................................$110,000 …………………………………………$164,500 Properties Sold………………………………………………………………………………….......40…………………….………………………………83 Sold Price to List Price……………………………………………….……………………93.00%……………………………… ……………94.69% *Monmouth/Ocean MLS 04/01/2010 - 06/30/2010; 04/01/2011 - 06/30/2011; 04/01/2012 - 06/30/2012

MICRO MARKET REPORT

2012 second quarter | wardwight.com

L ocal Expertise. Global Exposure. wardwight.com

BELMAR

MANASQUAN

belmar@sothebysrealty.com

manasquan@sothebysrealty.com

Main Street 732.681.0027

E. Main Avenue 732.223.2266

SEA GIRT

SPRING LAKE

seagirt@sothebysrealty.com

springlake@sothebysrealty.com

Washington Blvd 732.449.5959

Third Avenue 732.449.3322

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