2013 Q3 Micro Market Report

micro market report

2013 QUARTER THREE

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

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$250,000

ON THE MARKET $251,000-$500,000

Average Price..........................................................................................$137,520 Average Price..........................................................................................$415,124 Average Days on Market..............................................................................157 Average Days on Market.................................................................................72 Highest Price...........................................................................................$250,000 Highest Price...........................................................................................$499,000 Lowest Price...............................................................................................$39,900 Lowest Price............................................................................................$259,900 Total # of Listings.................................................................................................20 Total # of Listings.................................................................................................21

ON THE MARKET $500,000-$750,000

ON THE MARKET $750,001+

Average Price..........................................................................................$699,125 Average Price..........................................................................................$825,667 Average Days on Market..............................................................................111 Average Days on Market.................................................................................88 Highest Price...........................................................................................$749,500 Highest Price...........................................................................................$899,000 Lowest Price............................................................................................$599,000 Lowest Price............................................................................................$779,000 Total # of Listings...................................................................................................4

UNDER CONTRACT $0-$250,000

Total # of Listings....................................................................................................3

UNDER CONTRACT $251,000-$500,000

Average Price.............................................................................................$90,418 Average Price..........................................................................................$310,150 Average Days on Market..............................................................................130 Average Days on Market.................................................................................85 Highest Price...........................................................................................$230,000 Highest Price...........................................................................................$359,900 Lowest Price...............................................................................................$30,400 Lowest Price............................................................................................$289,000 Total # of Listings.................................................................................................17 Total # of Listings...................................................................................................6

UNDER CONTRACT $500,000-$750,000 Average Price.......................................................................................................n/a

UNDER CONTRACT $750,001+ Average Price.......................................................................................................n/a

Average Days on Market...............................................................................n/a Average Days on Market...............................................................................n/a Highest Price........................................................................................................n/a

Highest Price........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Total # of Listings...............................................................................................n/a

Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

AVON-BY-THE-SEA SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$750,000

ON THE MARKET $750,001-$1,000,000

Average Price..........................................................................................$595,600 Average Price..........................................................................................$885,600 Average Days on Market................................................................................60

Average Days on Market..............................................................................121

Highest Price...........................................................................................$735,000 Highest Price.......................................................................................$1,000,000 Lowest Price............................................................................................$499,000 Lowest Price............................................................................................$785,000 Total # of Listings...................................................................................................5

ON THE MARKET $1,000,001-$1,500,000

Total # of Listings....................................................................................................5

ON THE MARKET $1,500,001+

Average Price......................................................................................$1,273,167 Average Price......................................................................................$2,039,633 Average Days on Market..............................................................................158 Average Days on Market.................................................................................65 Highest Price.......................................................................................$1,475,000 Highest Price.......................................................................................$2,599,900 Lowest Price........................................................................................$1,000,000 Lowest Price........................................................................................$1,549,900 Total # of Listings....................................................................................................6 Total # of Listings....................................................................................................6

UNDER CONTRACT $0-$750,000

UNDER CONTRACT $750,001-$1,000,000

Average Price..........................................................................................$449,000 Average Price..........................................................................................$999,800 Average Days on Market..............................................................................256 Average Days on Market.................................................................................24 Highest Price...........................................................................................$499,000 Highest Price...........................................................................................$999,800 Lowest Price............................................................................................$399,000 Lowest Price............................................................................................$999,800 Total # of Listings....................................................................................................2 Total # of Listings....................................................................................................1

UNDER CONTRACT $1,000,001-$1,500,000 Average Price.......................................................................................................n/a

UNDER CONTRACT $1,500,001+ Average Price.......................................................................................................n/a

Average Days on Market...............................................................................n/a Average Days on Market...............................................................................n/a Highest Price........................................................................................................n/a

Highest Price........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Total # of Listings...............................................................................................n/a

Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

BELMAR

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$500,000

ON THE MARKET $500,001-$750,000

Average Price..........................................................................................$388,953 Average Price..........................................................................................$608,709 Average Days on Market..............................................................................200 Average Days on Market..............................................................................100 Highest Price...........................................................................................$499,000 Highest Price...........................................................................................$729,000 Lowest Price............................................................................................$250,000 Lowest Price............................................................................................$525,000 Total # of Listings.................................................................................................15 Total # of Listings.................................................................................................11

ON THE MARKET $750,001-$1,250,000

ON THE MARKET $1,250,001+

Average Price......................................................................................$1,022,158 Average Price......................................................................................$2,053,909 Average Days on Market..............................................................................211 Average Days on Market..............................................................................165 Highest Price.......................................................................................$1,200,000 Highest Price.......................................................................................$3,200,000 Lowest Price............................................................................................$799,000 Lowest Price........................................................................................$1,299,000 Total # of Listings.................................................................................................12 Total # of Listings.................................................................................................22

UNDER CONTRACT $0-$500,000

UNDER CONTRACT $500,001-$750,000

Average Price..........................................................................................$363,475 Average Price..........................................................................................$684,450 Average Days on Market..............................................................................175 Average Days on Market..............................................................................100 Highest Price...........................................................................................$439,900 Highest Price...........................................................................................$749,900 Lowest Price............................................................................................$315,000 Lowest Price............................................................................................$619,000 Total # of Listings...................................................................................................4

UNDER CONTRACT $750,001-$1,250,000

Total # of Listings....................................................................................................2

UNDER CONTRACT $1,250,001+

Average Price..........................................................................................$974,167 Average Price......................................................................................$1,974,500 Average Days on Market................................................................................65

Average Days on Market.................................................................................36

Highest Price.......................................................................................$1,150,000 Highest Price.......................................................................................$2,450,000 Lowest Price............................................................................................$875,000 Lowest Price........................................................................................$1,499,000 Total # of Listings...................................................................................................6

Total # of Listings....................................................................................................2

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

BRADLEY BEACH SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$350,000

ON THE MARKET $350,001-$500,000

Average Price..........................................................................................$305,750 Average Price..........................................................................................$428,750 Average Days on Market..............................................................................116 Average Days on Market.................................................................................96 Highest Price...........................................................................................$349,000 Highest Price...........................................................................................$475,000 Lowest Price............................................................................................$265,000 Lowest Price............................................................................................$367,000 Total # of Listings...................................................................................................4

ON THE MARKET $500,001-$750,000

Total # of Listings...................................................................................................4

ON THE MARKET $750,001+

Average Price..........................................................................................$579,180 Average Price..........................................................................................$858,989 Average Days on Market..............................................................................152 Average Days on Market..............................................................................181 Highest Price...........................................................................................$669,000 Highest Price...........................................................................................$999,900 Lowest Price............................................................................................$524,000 Lowest Price............................................................................................$799,000 Total # of Listings....................................................................................................5 Total # of Listings.................................................................................................10

UNDER CONTRACT $0-$350,000 Average Price.......................................................................................................n/a

UNDER CONTRACT $350,001-$500,000 Average Price..........................................................................................$434,000

Average Days on Market...............................................................................n/a Average Days on Market.................................................................................35 Highest Price........................................................................................................n/a

Highest Price...........................................................................................$439,000

Lowest Price.........................................................................................................n/a

Lowest Price............................................................................................$429,000

Total # of Listings...............................................................................................n/a

Total # of Listings...................................................................................................2

UNDER CONTRACT $500,001-$750,000

UNDER CONTRACT $750,001+

Average Price..........................................................................................$649,000 Average Price.......................................................................................................n/a Average Days on Market..............................................................................296 Average Days on Market...............................................................................n/a Highest Price...........................................................................................$649,000 Highest Price........................................................................................................n/a Lowest Price............................................................................................$649,000 Lowest Price.........................................................................................................n/a Total # of Listings....................................................................................................1 Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

BRIELLE

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$500,000

ON THE MARKET $500,001-$750,000

Average Price..........................................................................................$375,533 Average Price..........................................................................................$595,650 Average Days on Market..............................................................................104 Average Days on Market.................................................................................97 Highest Price...........................................................................................$499,000 Highest Price...........................................................................................$699,000 Lowest Price............................................................................................$299,000 Lowest Price............................................................................................$515,000 Total # of Listings...................................................................................................9

ON THE MARKET $750,001-$1,500,000

Total # of Listings.................................................................................................12

ON THE MARKET $1,500,001+

Average Price..........................................................................................$866,414 Average Price......................................................................................$2,261,644 Average Days on Market..............................................................................122 Average Days on Market..............................................................................153 Highest Price.......................................................................................$1,200,000 Highest Price.......................................................................................$3,950,000 Lowest Price............................................................................................$779,000 Lowest Price........................................................................................$1,550,000 Total # of Listings....................................................................................................7 Total # of Listings....................................................................................................9

UNDER CONTRACT $0-$500,000

UNDER CONTRACT $500,001-$750,000

Average Price..........................................................................................$294,650 Average Price..........................................................................................$544,949 Average Days on Market.................................................................................47 Average Days on Market.................................................................................62 Highest Price..........................................................................................$379,300 Highest Price...........................................................................................$549,900 Lowest Price............................................................................................$210,000 Lowest Price............................................................................................$539,998 Total # of Listings....................................................................................................2 Total # of Listings...................................................................................................2

UNDER CONTRACT $750,001-$1,500,000

UNDER CONTRACT $1,500,001+

Average Price..........................................................................................$844,225 Average Price.......................................................................................................n/a Average Days on Market..............................................................................155 Average Days on Market...............................................................................n/a Highest Price...........................................................................................$999,000 Highest Price........................................................................................................n/a Lowest Price............................................................................................$779,000 Lowest Price.........................................................................................................n/a Total # of Listings....................................................................................................4 Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

LAKE COMO

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$350,000

ON THE MARKET $350,001-$500,000

Average Price..........................................................................................$276,670 Average Price..........................................................................................$412,889 Average Days on Market..............................................................................154 Average Days on Market.................................................................................81 Highest Price...........................................................................................$345,000 Highest Price...........................................................................................$499,999 Lowest Price............................................................................................$199,000 Lowest Price............................................................................................$365,000 Total # of Listings.................................................................................................10 Total # of Listings....................................................................................................9

ON THE MARKET $500,001-$750,000

ON THE MARKET $750,001+

Average Price..........................................................................................$614,200 Average Price..........................................................................................$899,700 Average Days on Market..............................................................................154 Average Days on Market.................................................................................52 Highest Price...........................................................................................$729,000 Highest Price...........................................................................................$899,700 Lowest Price............................................................................................$520,000 Lowest Price............................................................................................$899,700 Total # of Listings....................................................................................................9 Total # of Listings....................................................................................................1

UNDER CONTRACT $0-$350,000

UNDER CONTRACT $350,001-$500,000

Average Price..........................................................................................$276,000 Average Price..........................................................................................$439,300 Average Days on Market..............................................................................141 Average Days on Market.................................................................................92 Highest Price...........................................................................................$276,000 Highest Price...........................................................................................$499,900 Lowest Price............................................................................................$276,000 Lowest Price............................................................................................$399,000 Total # of Listings....................................................................................................1 Total # of Listings....................................................................................................3

UNDER CONTRACT $500,001-$750,000

UNDER CONTRACT $750,001+

Average Price..........................................................................................$549,900 Average Price.......................................................................................................n/a Average Days on Market.................................................................................12 Average Days on Market...............................................................................n/a Highest Price...........................................................................................$549,900 Highest Price........................................................................................................n/a Lowest Price............................................................................................$549,900 Lowest Price.........................................................................................................n/a Total # of Listings....................................................................................................1 Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

MANASQUAN

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$400,000

ON THE MARKET $400,001-$650,000

Average Price..........................................................................................$378,000 Average Price..........................................................................................$550,824 Average Days on Market................................................................................77

Average Days on Market.................................................................................79

Highest Price...........................................................................................$399,999 Highest Price...........................................................................................$650,000 Lowest Price............................................................................................$325,000 Lowest Price............................................................................................$415,000 Total # of Listings...................................................................................................7

ON THE MARKET $650,001-$800,000

Total # of Listings.................................................................................................23

ON THE MARKET $800,001+

Average Price..........................................................................................$717,400 Average Price......................................................................................$1,143,993 Average Days on Market..............................................................................145 Average Days on Market..............................................................................197 Highest Price...........................................................................................$799,000 Highest Price.......................................................................................$1,499,000 Lowest Price............................................................................................$659,999 Lowest Price............................................................................................$879,000 Total # of Listings.................................................................................................12 Total # of Listings.................................................................................................14

UNDER CONTRACT $0-$400,000

UNDER CONTRACT $400,001-$650,000

Average Price..........................................................................................$361,200 Average Price..........................................................................................$495,400 Average Days on Market..............................................................................195 Average Days on Market.................................................................................72 Highest Price...........................................................................................$399,000 Highest Price...........................................................................................$599,300 Lowest Price............................................................................................$343,500 Lowest Price............................................................................................$442,500 Total # of Listings...................................................................................................5

UNDER CONTRACT $650,001-$800,000

Total # of Listings....................................................................................................7

UNDER CONTRACT $800,001+

Average Price..........................................................................................$694,450 Average Price..........................................................................................$964,333 Average Days on Market..............................................................................195 Average Days on Market..............................................................................217 Highest Price...........................................................................................$719,900 Highest Price.......................................................................................$1,145,000 Lowest Price............................................................................................$669,000 Lowest Price............................................................................................$829,000 Total # of Listings....................................................................................................2 Total # of Listings....................................................................................................3

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

OCEAN GROVE SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$400,000

ON THE MARKET $400,001-$650,000

Average Price..........................................................................................$341,020 Average Price..........................................................................................$505,218 Average Days on Market..............................................................................112 Average Days on Market.................................................................................67 Highest Price...........................................................................................$400,000 Highest Price...........................................................................................$649,000 Lowest Price............................................................................................$269,000 Lowest Price............................................................................................$415,000 Total # of Listings.................................................................................................15 Total # of Listings.................................................................................................17

ON THE MARKET $650,001-$800,000

ON THE MARKET $800,001+

Average Price..........................................................................................$713,143 Average Price......................................................................................$1,075,143 Average Days on Market..............................................................................156 Average Days on Market..............................................................................123 Highest Price...........................................................................................$795,000 Highest Price.......................................................................................$1,349,000 Lowest Price............................................................................................$660,000 Lowest Price............................................................................................$889,000 Total # of Listings....................................................................................................7 Total # of Listings....................................................................................................7

UNDER CONTRACT $0-$400,000

UNDER CONTRACT $400,001-$650,000

Average Price..........................................................................................$281,500 Average Price..........................................................................................$447,000 Average Days on Market..............................................................................159 Average Days on Market..............................................................................234 Highest Price...........................................................................................$349,000 Highest Price...........................................................................................$465,000 Lowest Price............................................................................................$209,000 Lowest Price............................................................................................$429,000 Total # of Listings....................................................................................................4 Total # of Listings....................................................................................................2

UNDER CONTRACT $650,001-$800,000

UNDER CONTRACT $800,001+

Average Price..........................................................................................$761,000 Average Price.......................................................................................................n/a Average Days on Market.................................................................................43 Average Days on Market...............................................................................n/a Highest Price...........................................................................................$799,000 Highest Price........................................................................................................n/a Lowest Price............................................................................................$699,000 Lowest Price.........................................................................................................n/a Total # of Listings....................................................................................................3 Total # of Listings...............................................................................................n/a

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

SEA GIRT

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$750,000

ON THE MARKET $750,001-$1,250,000

Average Price..........................................................................................$691,300 Average Price..........................................................................................$895,700 Average Days on Market..............................................................................123 Average Days on Market.................................................................................99 Highest Price...........................................................................................$749,000 Highest Price.......................................................................................$1,250,000 Lowest Price............................................................................................$599,900 Lowest Price............................................................................................$769,000 Total # of Listings....................................................................................................3 Total # of Listings....................................................................................................5

ON THE MARKET $1,250,001-$2,000,000

ON THE MARKET $2,000,001+

Average Price......................................................................................$1,565,000 Average Price......................................................................................$3,720,909 Average Days on Market..............................................................................185 Average Days on Market.................................................................................88 Highest Price.......................................................................................$1,975,000 Highest Price.......................................................................................$4,995,000 Lowest Price........................................................................................$1,287,000 Lowest Price........................................................................................$2,800,000 Total # of Listings....................................................................................................4 Total # of Listings.................................................................................................11

UNDER CONTRACT $0-$750,000 Average Price.......................................................................................................n/a

UNDER CONTRACT $750,001-$1,250,000 Average Price.......................................................................................................n/a

Average Days on Market...............................................................................n/a Average Days on Market...............................................................................n/a Highest Price........................................................................................................n/a

Highest Price........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Lowest Price.........................................................................................................n/a

Total # of Listings...............................................................................................n/a

Total # of Listings...............................................................................................n/a

UNDER CONTRACT $1,250,001-$2,000,000

UNDER CONTRACT $2,000,001+

Average Price......................................................................................$1,511,000 Average Price......................................................................................$2,624,167 Average Days on Market.................................................................................85 Average Days on Market..............................................................................175 Highest Price.......................................................................................$1,849,000 Highest Price.......................................................................................$3,199,000 Lowest Price........................................................................................$1,269,000 Lowest Price........................................................................................$2,099,000 Total # of Listings....................................................................................................7 Total # of Listings....................................................................................................6

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

SPRING LAKE

SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$1,000,000

ON THE MARKET $1,00,001-$1,500,000

Average Price..........................................................................................$818,244 Average Price......................................................................................$1,274,250 Average Days on Market.................................................................................99 Average Days on Market..............................................................................154 Highest Price...........................................................................................$915,000 Highest Price.......................................................................................$1,455,000 Lowest Price............................................................................................$709,000 Lowest Price........................................................................................$1,274,250 Total # of Listings...................................................................................................4

ON THE MARKET $1,500,001-$2,500,000

Total # of Listings.................................................................................................12

ON THE MARKET $2,500,001+

Average Price......................................................................................$1,897,800 Average Price......................................................................................$4,845,591 Average Days on Market..............................................................................135 Average Days on Market..............................................................................186 Highest Price.......................................................................................$2,499,000 Highest Price....................................................................................$11,900,000 Lowest Price........................................................................................$1,599,000 Lowest Price........................................................................................$2,575,000 Total # of Listings.................................................................................................15 Total # of Listings.................................................................................................35

UNDER CONTRACT $0-$1,000,000

UNDER CONTRACT $1,000,001-$1,500,000

Average Price..........................................................................................$918,800 Average Price......................................................................................$1,274,500 Average Days on Market..............................................................................191 Average Days on Market..............................................................................171 Highest Price...........................................................................................$990,000 Highest Price.......................................................................................$1,499,000 Lowest Price............................................................................................$869,000 Lowest Price........................................................................................$1,050,000 Total # of Listings....................................................................................................5 Total # of Listings....................................................................................................2

UNDER CONTRACT $1,500,001-$2,500,000

UNDER CONTRACT $2,500,001+

Average Price......................................................................................$2,032,333 Average Price......................................................................................$3,348,750 Average Days on Market..............................................................................120 Average Days on Market..............................................................................104 Highest Price.......................................................................................$2,499,000 Highest Price.......................................................................................$3,895,000 Lowest Price........................................................................................$1,799,000 Lowest Price........................................................................................$3,100,000 Total # of Listings....................................................................................................3 Total # of Listings...................................................................................................4

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

SPRING LAKE HEIGHTS SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$350,000

ON THE MARKET $350,001-$500,000

Average Price..........................................................................................$192,667 Average Price..........................................................................................$447,543 Average Days on Market..............................................................................546 Average Days on Market..............................................................................177 Highest Price...........................................................................................$229,000 Highest Price...........................................................................................$499,000 Lowest Price............................................................................................$150,000 Lowest Price............................................................................................$369,900 Total # of Listings....................................................................................................3 Total # of Listings...................................................................................................7

ON THE MARKET $500,001-$650,000

ON THE MARKET $650,001+

Average Price..........................................................................................$571,380 Average Price..........................................................................................$833,522 Average Days on Market..............................................................................249 Average Days on Market..............................................................................112 Highest Price...........................................................................................$599,000 Highest Price.......................................................................................$1,295,000 Lowest Price............................................................................................$549,900 Lowest Price............................................................................................$679,000 Total # of Listings....................................................................................................5 Total # of Listings....................................................................................................9

UNDER CONTRACT $0-$350,000

UNDER CONTRACT $350,001-$500,000

Average Price..........................................................................................$299,438 Average Price..........................................................................................$355,000 Average Days on Market.................................................................................69 Average Days on Market.................................................................................19 Highest Price...........................................................................................$313,313 Highest Price...........................................................................................$355,000 Lowest Price............................................................................................$275,000 Lowest Price............................................................................................$355,000 Total # of Listings....................................................................................................3 Total # of Listings....................................................................................................1

UNDER CONTRACT $500,001-$650,000

UNDER CONTRACT $65

Average Price..........................................................................................$568,200 Average Price..........................................................................................$833,522 Average Days on Market..............................................................................107 Average Days on Market..............................................................................112 Highest Price...........................................................................................$599,999 Highest Price.......................................................................................$1,295,000 Lowest Price............................................................................................$518,000 Lowest Price............................................................................................$679,000 Total # of Listings....................................................................................................5 Total # of Listings...................................................................................................9

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | WARDWIGHT.COM

WALL TOWNSHIP SINGLE FAMILY | 2013 QUARTER THREE

ON THE MARKET $0-$450,000

ON THE MARKET $450,001-$650,000

Average Price..........................................................................................$326,681 Average Price..........................................................................................$562,685 Average Days on Market..............................................................................149 Average Days on Market..............................................................................105 Highest Price...........................................................................................$449,000 Highest Price...........................................................................................$650,000 Lowest Price...............................................................................................$16,000 Lowest Price............................................................................................$459,000 Total # of Listings.................................................................................................54 Total # of Listings.................................................................................................41

ON THE MARKET $650,001-$850,000

ON THE MARKET $850,001+

Average Price..........................................................................................$755,994 Average Price......................................................................................$1,368,685 Average Days on Market..............................................................................120 Average Days on Market..............................................................................167 Highest Price...........................................................................................$849,900 Highest Price.......................................................................................$4,999,900 Lowest Price............................................................................................$655,000 Lowest Price............................................................................................$869,000 Total # of Listings.................................................................................................29 Total # of Listings.................................................................................................33

UNDER CONTRACT $0-$450,000

UNDER CONTRACT $450,001-$650,000

Average Price..........................................................................................$319,476 Average Price..........................................................................................$560,830 Average Days on Market..............................................................................115 Average Days on Market.................................................................................86 Highest Price...........................................................................................$444,900 Highest Price...........................................................................................$649,900 Lowest Price............................................................................................$125,000 Lowest Price............................................................................................$459,900 Total # of Listings.................................................................................................25 Total # of Listings.................................................................................................10

UNDER CONTRACT $650,001-$850,000

UNDER CONTRACT $850,001+

Average Price..........................................................................................$784,975 Average Price......................................................................................$1,100,750 Average Days on Market.................................................................................93 Average Days on Market..............................................................................134 Highest Price...........................................................................................$849,900 Highest Price.......................................................................................$1,249,000 Lowest Price............................................................................................$725,000 Lowest Price............................................................................................$899,000 Total # of Listings....................................................................................................8 Total # of Listings....................................................................................................4

*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 10/15/2013

MICRO MARKET REPORT 2013 QUARTER THREE | 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.