2016 Year In Review Market Report

415BostonBlvd.com

2016 YEAR-IN-REVIEW MARKET REPORT

ASBURY PARK • AVON-BY-THE-SEA • BELMAR • BRADLEY BEACH • BRIELLE • INTERLAKEN LAKE COMO • MANASQUAN • NEPTUNE CITY • NEPTUNE TOWNSHIP • OCEAN GROVE OCEAN TOWNSHIP • SEA GIRT • SPRING LAKE • SPRING LAKE HEIGHTS • WALL TOWNSHIP

ASBURY PARK

SOLD

2016

units sold

median price avg days on market

2015

2016

67

82

$290,000

$248,750

103

79

↑ 22% ↓ 16% ↓ 23%

ACTIVE

15

units

$160,000

UNDER CONTRACT

8

units

$379,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

AVON-BY-THE-SEA

SOLD

2016

units sold

median price avg days on market

2015

2016

22

30

$975,000

$992,500

99

120

↑ 36% ↑ 1% ↑ 21%

ACTIVE

10

units

$1,324,500

UNDER CONTRACT

5

units

$819,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

BELMAR

SOLD

2016

units sold

median price avg days on market

2015

2016

57

55

$615,000

$660,000

115

91

↓ 3% ↑ 7% ↓ 20%

ACTIVE

35

units

$699,900

UNDER CONTRACT

6

units

$594,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

BRADLEY BEACH

SOLD

2016

units sold

median price avg days on market

2015

2016

57

42

$520,000

$532,000

85

64

↓ 26% ↑ 2% ↓ 24%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

13

units

$668,000

UNDER CONTRACT

4

median price

units

$427,000

median price

*Active/Under Contract as of 01/24/2016

wardwight.com

9Washington.com

4 CaptainBailey.com

BRIELLE

SOLD

2016

units sold

median price avg days on market

2015

2016

44

67

$613,000

$645,000

112

86

↑ 52% ↑ 5% ↓ 23%

ACTIVE

33

units

$789,900

UNDER CONTRACT

12

units

$664,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

INTERLAKEN

SOLD

2016

units sold

median price avg days on market

2015

2016

19

15

$618,000

$660,000

125

115

↓ 21% ↑ 6% ↓ 8%

ACTIVE

3

units

$699,900

UNDER CONTRACT

2

units

$924,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

LAKE COMO

SOLD

2016

units sold

median price avg days on market

2015

2016

23

33

$345,000

$350,000

77

69

↑ 43% ↑ 1% ↓ 10%

ACTIVE

12

units

$429,450

UNDER CONTRACT

5

units

$409,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

MANASQUAN

SOLD

2016

units sold

median price avg days on market

2015

2016

79

81

$692,500

$580,000

95

84

↑ 2% ↓ 19% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

36

units

$747,500

UNDER CONTRACT

8

median price

units

$547,450

median price

*Active/Under Contract as of 01/24/2016

wardwight.com

NEPTUNE CITY

SOLD

2016

units sold

median price avg days on market

2015

2016

57

50

$202,000

$248,750

66

65

↓ 12% ↑ 23% ↓ 1%

ACTIVE

16

units

$289,450

UNDER CONTRACT

11

units

$249,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

NEPTUNE TOWNSHIP

SOLD

2016

units sold

median price avg days on market

2015

2016

275

334

$271,000

$281,250

86

69

↑ 21% ↑ 3% ↓ 19%

ACTIVE

112 $307,500

UNDER CONTRACT

64

median price

units

$245,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

units

median price

*Active/Under Contract as of 01/24/2016

OCEAN GROVE

SOLD

2016

units sold

median price avg days on market

2015

2016

58

60

$473,750

$491,250

96

63

↑ 3% ↑ 3% ↓ 34%

ACTIVE

22

units

$549,000

UNDER CONTRACT

6

units

$437,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

OCEAN TOWNSHIP

SOLD

2016

units sold

median price avg days on market

2015

2016

194

264

$362,000

$385,000

76

64

↑ 36% ↑ 6% ↓ 15%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

80

units

$566,950

UNDER CONTRACT

32

median price

units

$350,000

median price

*Active/Under Contract as of 01/24/2016

wardwight.com

19BroadwayOceanGrove.com

207SouthBlvd.com

SEA GIRT

SOLD

2016

units sold

median price avg days on market

2015

2016

48

47

$1,719,837

$1,650,000

77

108

↓ 2% ↓ 4% ↑ 40%

ACTIVE

29

units

$2,350,000

UNDER CONTRACT

4

units

$1,837,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

SPRING LAKE

SOLD

2016

units sold

median price avg days on market

2015

2016

70

66

$1,595,000

$1,765,000

102

101

↓ 5% ↑ 10% ↓ 0%

ACTIVE

35

units

$2,999,000

UNDER CONTRACT

8

units

$1,796,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

SPRING LAKE HEIGHTS

SOLD

2016

units sold

median price avg days on market

2015

2016

43

33

$455,000

$440,000

80

76

↓ 23% ↓ 3% ↓ 5%

ACTIVE

11

units

$499,000

UNDER CONTRACT

4

units

$482,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

WALL

SOLD

2016

units sold

median price avg days on market

2015

2016

251

318

$445,000

$470,000

78

75

↑ 26% ↑ 5% ↓ 3%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

112 $599,000

UNDER CONTRACT

42

units median price

units

$516,200

median price

*Active/Under Contract as of 01/24/2016

wardwight.com

wardwight.com

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