2013 Q2 Micro Market Report

micro market report 2013 QUARTER TWO

Local Expertise. Global Exposure.

ASBURY PARK | AVON-BY-THE-SEA | BELMAR | BRADLEY BEACH | LAKE COMO MANASQUAN | OCEAN GROVE | SEA GIRT | SPRING LAKE SPRING LAKE HEIGHTS | WALL

ASBURY PARK, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$304,663 Average Days on Market..............................................................................................................................................................................................................................130 Highest Price............................................................................................................................................................................................................................................$899,000 Lowest Price...............................................................................................................................................................................................................................................$44,900 Total # of Listings.................................................................................................................................................................................................................................................49

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$165,729 Average Days on Market.................................................................................................................................................................................................................................94 Highest Price............................................................................................................................................................................................................................................$405,900 Lowest Price...............................................................................................................................................................................................................................................$35,900 Total # of Listings.................................................................................................................................................................................................................................................14

317 6th Avenue, Asbury Park *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

AVON-BY-THE-SEA, NEW JERSEY | 2013 quarter TWO report

427 Lincoln Avenue, Avon-by-the-Sea

ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,235,800 Average Days on Market.................................................................................................................................................................................................................................90 Highest Price........................................................................................................................................................................................................................................$2,549,800 Lowest Price............................................................................................................................................................................................................................................$459,000 Total # of Listings.................................................................................................................................................................................................................................................18

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$689,200 Average Days on Market..............................................................................................................................................................................................................................184 Highest Price............................................................................................................................................................................................................................................$999,600 Lowest Price............................................................................................................................................................................................................................................$499,000 Total # of Listings....................................................................................................................................................................................................................................................3 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

BELMAR, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price.......................................................................................................................................................................................................................................$1,049,249 Average Days on Market..............................................................................................................................................................................................................................160 Highest Price........................................................................................................................................................................................................................................$3,200,000 Lowest Price............................................................................................................................................................................................................................................$250,000 Total # of Listings.................................................................................................................................................................................................................................................52

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$621,190 Average Days on Market.................................................................................................................................................................................................................................86 Highest Price........................................................................................................................................................................................................................................$1,150,000 Lowest Price............................................................................................................................................................................................................................................$315,000 Total # of Listings.................................................................................................................................................................................................................................................10

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

BRADLEY BEACH, NEW JERSEY | 2013 quarter TWO report

ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$559,958 Average Days on Market..............................................................................................................................................................................................................................109 Highest Price............................................................................................................................................................................................................................................$924,000 Lowest Price............................................................................................................................................................................................................................................$249,000 Total # of Listings.................................................................................................................................................................................................................................................26

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$509,820 Average Days on Market.................................................................................................................................................................................................................................62 Highest Price............................................................................................................................................................................................................................................$649,000 Lowest Price............................................................................................................................................................................................................................................$215,000 Total # of Listings.................................................................................................................................................................................................................................................10 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

BRIELLE, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,166,330 Average Days on Market..............................................................................................................................................................................................................................134 Highest Price........................................................................................................................................................................................................................................$6,900,000 Lowest Price............................................................................................................................................................................................................................................$299,000 Total # of Listings.................................................................................................................................................................................................................................................39

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$690,025 Average Days on Market..............................................................................................................................................................................................................................120 Highest Price........................................................................................................................................................................................................................................$2,100,000 Lowest Price............................................................................................................................................................................................................................................$239,900 Total # of Listings.................................................................................................................................................................................................................................................16

6 Crescent Drive, Brielle

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

LAKE COMO, NEW JERSEY | 2013 quarter TWO report

ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$432,618 Average Days on Market.................................................................................................................................................................................................................................86 Highest Price............................................................................................................................................................................................................................................$650,000 Lowest Price............................................................................................................................................................................................................................................$229,900 Total # of Listings.................................................................................................................................................................................................................................................28

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$310,475 Average Days on Market.................................................................................................................................................................................................................................30 Highest Price............................................................................................................................................................................................................................................$389,000 Lowest Price............................................................................................................................................................................................................................................$229,900 Total # of Listings....................................................................................................................................................................................................................................................4 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

MANASQUAN, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$749,161 Average Days on Market..............................................................................................................................................................................................................................131 Highest Price........................................................................................................................................................................................................................................$2,995,000 Lowest Price............................................................................................................................................................................................................................................$299,000 Total # of Listings.................................................................................................................................................................................................................................................64

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$727,028 Average Days on Market..............................................................................................................................................................................................................................117 Highest Price........................................................................................................................................................................................................................................$3,600,000 Lowest Price............................................................................................................................................................................................................................................$349,000 Total # of Listings.................................................................................................................................................................................................................................................18

9 Central Avenue, Manasquan *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

OCEAN GROVE, NEW JERSEY | 2013 quarter TWO report

ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$519,363 Average Days on Market..............................................................................................................................................................................................................................141 Highest Price........................................................................................................................................................................................................................................$1,399,000 Lowest Price............................................................................................................................................................................................................................................$239,900 Total # of Listings.................................................................................................................................................................................................................................................38

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$477,000 Average Days on Market................................................................................................................................................................................................................................ 71 Highest Price........................................................................................................................................................................................................................................... $785,000 Lowest Price............................................................................................................................................................................................................................................$219,000 Total # of Listings....................................................................................................................................................................................................................................................4 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

SEA GIRT, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,429,246 Average Days on Market..............................................................................................................................................................................................................................101 Highest Price........................................................................................................................................................................................................................................$5,400,000 Lowest Price............................................................................................................................................................................................................................................$687,000 Total # of Listings..................................................................................................................................................................................................................................................24

UNDER CONTRACT SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,769,817 Average Days on Market..............................................................................................................................................................................................................................120 Highest Price........................................................................................................................................................................................................................................$2,699,000 Lowest Price............................................................................................................................................................................................................................................$889,900 Total # of Listings.................................................................................................................................................................................................................................................12

210 Philadelphia Blvd, Sea Girt *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

SPRING LAKE, NEW JERSEY | 2013 quarter TWO report

110 Essex Avenue, Spring Lake

ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,991,313 Average Days on Market..............................................................................................................................................................................................................................129 Highest Price.....................................................................................................................................................................................................................................$12,900,000 Lowest Price............................................................................................................................................................................................................................................$689,000 Total # of Listings.................................................................................................................................................................................................................................................75

UNDER CONTRACT SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,621,636 Average Days on Market..............................................................................................................................................................................................................................123 Highest Price........................................................................................................................................................................................................................................$6,850,000 Lowest Price............................................................................................................................................................................................................................................$990,000 Total # of Listings.................................................................................................................................................................................................................................................11 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

SPRING LAKE HEIGHTS, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$520,817 Average Days on Market..............................................................................................................................................................................................................................182 Highest Price............................................................................................................................................................................................................................................$975,000 Lowest Price............................................................................................................................................................................................................................................$150,000 Total # of Listings.................................................................................................................................................................................................................................................23

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$477,711 Average Days on Market.................................................................................................................................................................................................................................82 Highest Price............................................................................................................................................................................................................................................$799,000 Lowest Price............................................................................................................................................................................................................................................$313,313 Total # of Listings.................................................................................................................................................................................................................................................10

206 Hwy 71, Spring Lake Heights *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

WALL, NEW JERSEY | 2013 quarter TWO report

1614 Sheridian Dr,Wall

ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$690,610 Average Days on Market..............................................................................................................................................................................................................................115 Highest Price........................................................................................................................................................................................................................................$4,999,900 Lowest Price...............................................................................................................................................................................................................................................$16,000 Total # of Listings..............................................................................................................................................................................................................................................170

UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$503,813 Average Days on Market..............................................................................................................................................................................................................................119 Highest Price........................................................................................................................................................................................................................................$1,329,900 Lowest Price............................................................................................................................................................................................................................................$135,000 Total # of Listings.................................................................................................................................................................................................................................................64 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013

MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM

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For information on recent sales in a specific micro market, contact one of our sales offices.

AVON-BY-THE-SEA 440 Main St

Belmar 901 Main St

732.455.8121

732.681.0027

MANASQUAN 206 E. Main St

SEA GIRT 522 Washington Blvd

SPRING LAKE 1117 Third Ave

732.223.2266

732.449.5959

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.