Quarter One 2016 Market Report

QUARTER one 2016 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

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

15

17

$180,000

$180,000

150

76

↑ 13% - 0% ↓ 49%

AcTiVE

36

units

$225,000

UndER conTRAcT

14

units

$238,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

AVon-BY-ThE-SEA

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

3

4

$650,000

$755,000

47

101

↑ 33% ↑ 16% ↑ 114%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

18

units

$1,562,000

UndER conTRAcT

5

median price

units

$599,900

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

BELmAR

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

15

11

$440,000

$677,000

130

125

↓ 26% ↑ 53% ↓ 3%

AcTiVE

50 $762,000

UndER conTRAcT

10

median price

units

$624,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

units

median price

*Active/Under Contract as of 04/12/2016

BRAdLEY BEAch

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

10

13

$430,000

$641,000

132

98

↑ 30% ↑ 49% ↓ 25%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

23

units

$699,000

UndER conTRAcT

7

median price

units

$649,000

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

BRiELLE

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

12

13

$562,500

$642,500

147

96

↑ 8% ↑ 14% ↓ 34%

AcTiVE

36

units

$687,900

UndER conTRAcT

18

units

$672,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

inTERLAKEn

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

5

3

$550,000

$620,000

77

103

↓ 40% ↑ 12% ↑ 33%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

7

units

$950,000

UndER conTRAcT

4

median price

units

$699,000

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

LAKE como

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

4

4

$427,500

$257,500

126

90

- 0% ↓ 66% ↓ 28%

AcTiVE

21

units

$399,000

UndER conTRAcT

11

units

$365,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

mAnASQUAn

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

9

12

$562,500

$720,000

100

94

↑ 33% ↑ 28% ↓ 6%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

47

units

$679,000

UndER conTRAcT

15

median price

units

$598,000

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

nEPTUnE ciTY

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

6

13

$209,500

$230,000

58

81

↑ 116% ↑ 9% ↑ 39%

AcTiVE

13

units

$259,900

UndER conTRAcT

16

units

$249,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

nEPTUnE TownShiP

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

56

80

$259,450

$264,000

99

94

↑ 42% ↑ 1% ↓ 5%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

139 $325,000

UndER conTRAcT

70

units median price

units

$282,500

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

ocEAn gRoVE

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

8

13

$449,750

$410,000

114

103

↑ 62% ↓ 9% ↓ 9%

AcTiVE

27

units

$749,000

UndER conTRAcT

9

units

$455,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

ocEAn TownShiP

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

45

52

$350,000

$370,000

87

69

↑ 15% ↑ 5% ↓ 20%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

134 $549,450

UndER conTRAcT

47

units median price

units

$369,900

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

SEA giRT

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

6

6

$1,197,500

$2,550,000

66

148

- 0% ↑ 112% ↑ 124%

AcTiVE

33

units

$2,299,000

UndER conTRAcT

12

units

$1,624,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

SPRing LAKE

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

16

22

$1,595,000

$1,998,750

121

102

↑ 37% ↑ 25% ↓ 15%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

47

units

$2,499,000

UndER conTRAcT

11

median price

units

$1,699,000

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

SPRing LAKE hEighTS

SoLd

JAn 16 - YTd

units sold

median price avg days on market

2015

2016

4

4

$400,000

$372,500

86

116

- 0% ↓ 7% ↑ 34%

AcTiVE

21

units

$659,000

UndER conTRAcT

6

units

$384,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

median price

median price

*Active/Under Contract as of 04/12/2016

wALL

SoLd

JAn 16 - YTd units sold

median price avg days on market

2015

2016

44

58

$456,200

$440,000

110

95

↑ 31% ↓ 3% ↓ 13%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-04/12/2016

QUARTER one 2016

AcTiVE

157 $575,000

UndER conTRAcT

63

units median price

units

$479,000

median price

*Active/Under Contract as of 04/12/2016

wardwight.com

wardwight.com

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.