2012 Year End Micro Market Report

micro market report

2012 YEAR END REPORT

L窶覚cal 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 | 2012 year end report

2011

2012

Average Price.......................................................………………$1,063,962 ..…………………………….$1,099,927 Average Days on Market...........……………………………………………123 ..……………………………………........118 Highest Price…………….……………………………………………$2,500,000……………………......……$2,600,000 Lowest Price……………………………………………………….........$265,000...………………………………..$218,000 Average Price/SqFt………………………………………………………$174.11.……………………………………..$161.79 Properties Sold………………………………………………………...................13.……………………………………………24 2010-2012 Closed Sales (Volume) AVON-BY-THE-SEA, NEW JERSEY

$16,000,000 $14,000,000 $12,000,000 $10,000,000

2010 2011

$8,000,000

2012

$6,000,000 $4,000,000 $2,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

BELMAR, NEW JERSEY | 2012 year end report

2011

2012

Average Price..........................................................………………$597,760 ..…………………………….…..$627,133 Average Days on Market...........……………………………………………137 ..……………………………………........131 Highest Price…………….…………………………………………….$2,300,000……………………......…...$2,605,000 Lowest Price………………………………………………………..........$190,000 ..………………………………$206,000 Average Price/SqFt……………………………………………………..$120.76…………………………………….$113.39 Properties Sold………………………………………………………...................42……………………………………………34 2010-2012 Closed Sales (Volume) BELMAR, NEW JERSEY

$10,000,000 $9,000,000 $8,000,000 $7,000,000

2010

$6,000,000

2011

$5,000,000

2012

$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

BRADLEY BEACH, NEW JERSEY | 2012 year end report

2011

2012

Average Price... ......................................................………………$510,486 ..…………………………….…$548,341 Average Days on Market.. ..........……………………………………………83 ..……………………………………....…115 Highest Price…………….…………………………………………….…$860,000……………………......…....$1,659,500 Lowest Price………………………………………………………..........$165,000...……………………………….$185,000 Average Price/SqFt……………………………………………………..$146.33……………………………………..$114.18 Properties Sold………………………………………………………...................36……………………………………………33 2010-2012 Closed Sales (Volume) BRADLEY BEACH, NEW JERSEY

$10,000,000 $9,000,000 $8,000,000 $7,000,000

2010

$6,000,000

2011

$5,000,000

2012

$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

BRIELLE, NEW JERSEY | 2012 year end report

2011

2012

Average Price... ......................................................………………$553,248 ..……………………………...$602,580 Average Days on Market...........……………………………………………141 ..…………………………………………150 Highest Price…………….…………………………………………….$1,200,000……………………......…....$2,625,000 Lowest Price………………………………………………………............$20,000..………………………………...$50,400 Average Price/SqFt……………………………………………………......$81.11……………………………………..$58.88 Properties Sold………………………………………………………...................36……………………………………………52 2010-2012 Closed Sales (Volume) BRIELLE, NEW JERSEY

$12,000,000 $10,000,000 $8,000,000

2010 2011

$6,000,000

2012

$4,000,000 $2,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

LAKE COMO, NEW JERSEY | 2012 year end report

2011

2012

Average Price... ......................................................………………$455,358 ..…………………………….…$325,325 Average Days on Market...........……………………………………………116 ..……………………………………....…177 Highest Price…………….……………………………………………..$1,250,000……………………......…......$585,000 Lowest Price………………………………………………………..........$120,000..……………………………….$150,000 Average Price/SqFt…………………………………………………….....$58.31……………………………………...$41.14 Properties Sold………………………………………………………....................13……………………………………………20 2010-2012 Closed Sales (Volume) LAKE COMO, NEW JERSEY

$3,000,000 $2,500,000 $2,000,000

2010 2011

$1,500,000

2012

$1,000,000 $500,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

MANASQUAN, NEW JERSEY | 2012 year end report

2011

2012

Average Price..........................................................………………$556,379 ...…………………………….....$531,981 Average Days on Market...........……………………………………………141 ..…………………………………………..111 Highest Price…………….……………………………………………..$1,440,000……………………......….…..$985,000 Lowest Price………………………………………………………..........$225,000..………………………………$250,000 Average Price/SqFt……………………………………………………..$198.78……………………………………........n/a Properties Sold………………………………………………………...................47……………………………………………..71 2010-2012 Closed Sales (Volume) MANASQUAN, NEW JERSEY

$20,000,000 $18,000,000 $16,000,000 $14,000,000

2010

$12,000,000

2011

$10,000,000

2012

$8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

SEA GIRT, NEW JERSEY | 2012 year end report

2011

2012

Average Price.......................................................………………$1,591,856 ...……………………...........$1,632,637 Average Days on Market...........…………………………………………….115..…………………………………………..98 Highest Price…………….…………………………………………….$6,250,000……………………......…..$4,000,000 Lowest Price………………………………………………………..........$535,000..………………………………$565,000 Average Price/SqFt……………………………………………………....$83.87……………………………………...$112.17 Properties Sold………………………………………………………..................40……………………………………………40 2010-2012 Closed Sales (Volume) SEA GIRT, NEW JERSEY

$30,000,000 $25,000,000 $20,000,000

2010 2011

$15,000,000

2012

$10,000,000 $5,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

SPRING LAKE HEIGHTS, NEW JERSEY | 2012 year end report

2011

2012

Average Price... ......................................................………………$447,094 ...…………………….............$435,256 Average Days on Market...........……………………………………………..92..…………………………………………140 Highest Price…………….…………………………………………….....$805,000……………………......….......$715,000 Lowest Price………………………………………………………............$257,100..………………………………$260,000 Average Price/SqFt……………………………………………………..$109.44……………………………………..$131.21 Properties Sold………………………………………………………...................24……………………………………………37 2010-2012 Closed Sales (Volume) SPRING LAKE HEIGHTS, NEW JERSEY

$7,000,000 $6,000,000 $5,000,000

2010

$4,000,000

2011

$3,000,000

2012

$2,000,000 $1,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

SPRING LAKE, NEW JERSEY | 2012 year end report

2011

2012

Average Price.......................................................………………$1,694,808 ...……………………...........$1,694,617 Average Days on Market...........……………………………………………148..…………………………………………..97 Highest Price…………….…………………………………………….$4,700,000……………………......…....$5,155,000 Lowest Price……………………………………………………….........$550,000..……………………………….$525,000 Average Price/SqFt……………………………………………………...$195.13……………………………………$252.54 Properties Sold………………………………………………………...................47…………………………………………….59 2010-2012 Closed Sales (Volume) SPRING LAKE, NEW JERSEY

$50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000

2010

$25,000,000

2011

$20,000,000

2012

$15,000,000 $10,000,000 $5,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

WALL, NEW JERSEY | 2012 year end report

2011

2012

Average Price.... ......................................................………………$451,169 ...…………………….............$468,474 Average Days on Market...........……………………………………………147..…………………………………………..111 Highest Price…………….……………………………………………..$1,475,000……………………......…...$3,300,000 Lowest Price……………………………………………………….............$21,280..………………………………......$6,500 Average Price/SqFt……………………………………………………....$83.07……………………………………..$75.00 Properties Sold……………………………………………………….................177……………………………………………213 2010-2012 Closed Sales (Volume) WALL, NEW JERSEY

$45,000,000 $40,000,000 $35,000,000 $30,000,000

2010

$25,000,000

2011

$20,000,000

2012

$15,000,000 $10,000,000 $5,000,000 $0 Q1

Q2

Q3

Q4

*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012

MICRO MARKET REPORT

2012 year end report | wardwight.com

wardwight.com

AVON-BY-THE-SEA 440 Main St

732.455.8121

Belmar 901 Main St

732.681.0027

MANASQUAN 206 E. Main St

732.223.2266

SEA GIRT 522 Washington Blvd

732.449.5959

SPRING LAKE 1117 Third Ave

732.449.3322

If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Independently owned and operated.