2017 Quarter Two Market Report

40InletTer.com

2017 QUARTER TWO 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

Q2

units sold

median price avg days on market

2016

2017

39

47

$247,500

$363,000

94

30

↑ 20% ↑ 46% ↓ 68%

ACTIVE

36

units

$332,450

UNDER CONTRACT

20

units

$289,500

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

AVON-BY-THE-SEA

SOLD

Q2

units sold

median price avg days on market

2016

2017

10

12

$770,000

$1,007,000

92

105

↑ 20% ↑ 30% ↑ 14%

ACTIVE

9

units

$1,495,000

UNDER CONTRACT

5

median price

units

$1,195,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

*Active/Under Contract as of 07/27/2017

BELMAR

SOLD

Q2

units sold

median price avg days on market

2016

2017

32

36

$713,500

$555,500

95

154

↑ 12% ↓ 28% ↑ 62%

ACTIVE

35

units

$750,000

UNDER CONTRACT

11

units

$699,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

BRADLEY BEACH

SOLD

Q2

units sold

median price avg days on market

2016

2017

27

15

$625,000

$638,500

74

44

↓ 44% ↑ 2% ↓ 40%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

13

units

$639,000

UNDER CONTRACT

9

median price

units

$750,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com

1306Third.com

11WatersEdge.com

BRIELLE

SOLD

Q2

units sold

median price avg days on market

2016

2017

28

34

$629,500

$678,250

111

85

↑ 21% ↑ 7% ↓ 23%

ACTIVE

34

units

$749,450

UNDER CONTRACT

13

units

$699,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

INTERLAKEN

SOLD

Q2

units sold

median price avg days on market

2016

2017

9

12

$620,000

$590,500

138

55

↑ 33% ↓ 4% ↓ 60%

ACTIVE

4

units

$1,024,995

UNDER CONTRACT

2

units

$809,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

LAKE COMO

SOLD

Q2

units sold

median price avg days on market

2016

2017

13

19

$350,000

$432,000

66

54

↑ 46% ↑ 23% ↓ 18%

ACTIVE

21

units

$469,900

UNDER CONTRACT

7

units

$379,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

MANASQUAN

SOLD

Q2

units sold

median price avg days on market

2016

2017

31

50

$639,900

$655,750

115

94

↑ 61% ↑ 2% ↓ 18%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

32

units

$716,000

UNDER CONTRACT

11

median price

units

$675,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com

NEPTUNE CITY

SOLD

Q2

units sold

median price avg days on market

2016

2017

27

29

$233,500

$255,000

75

48

↑ 7% ↑ 9% ↓ 36%

ACTIVE

11

units

$295,295

UNDER CONTRACT

9

units

$265,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

NEPTUNE TOWNSHIP

SOLD

Q2

units sold

median price avg days on market

2016

2017

158

164

$277,000

$280,000

81

56

↑ 3% ↑ 1% ↓ 30%

ACTIVE

125 $319,000

UNDER CONTRACT

84

median price

units

$273,500

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

units

median price

*Active/Under Contract as of 07/27/2017

OCEAN GROVE

SOLD

Q2

units sold

median price avg days on market

2016

2017

28

26

$485,750

$496,500

71

48

↓ 7% ↑ 2% ↓ 32%

ACTIVE

24

units

$714,000

UNDER CONTRACT

14

units

$425,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

OCEAN TOWNSHIP

SOLD

Q2

units sold

median price avg days on market

2016

2017

119

134

$400,000

$405,000

67

59

↑ 12% ↑ 1% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER ONE

ACTIVE

83

units

$599,000

UNDER CONTRACT

67

median price

units

$432,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com

80Driftwood.com

1Maryland.com

SEA GIRT

SOLD

Q2

units sold

median price avg days on market

2016

2017

18

26

$1,681,000

$1,737,500

103

81

↑ 44% ↑ 3% ↓ 21%

ACTIVE

22

units

$2,199,000

UNDER CONTRACT

8

units

$2,474,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

SPRING LAKE

SOLD

Q2

units sold

median price avg days on market

2016

2017

40

36

$1,996,250

$1,857,500

100

92

↓ 10% ↓ 7% ↓ 8%

ACTIVE

30

units

$2,814,500

UNDER CONTRACT

13

units

$1,599,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

SPRING LAKE HEIGHTS

SOLD

Q2

units sold

median price avg days on market

2016

2017

14

25

$390,000

$465,000

93

70

↑ 78% ↑ 19% ↓ 24%

ACTIVE

13

units

$671,000

UNDER CONTRACT

5

units

$439,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

WALL

SOLD

Q2

units sold

median price avg days on market

2016

2017

141

149

$450,000

$490,000

86

76

↑ 5% ↑ 8% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

143 $699,000

UNDER CONTRACT

74

units median price

units

$537,750

median price

*Active/Under Contract as of 07/27/2017

wardwight.com

wardwight.com

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