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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


wardwight.com

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.

2013 Q2 Micro Market Report