Quarter Three 2016 Market Report

QUARTER tHREE 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

57

64

$285,000

$250,000

105

80

↑ 12% ↓ 14% ↓ 23%

ACTIVE

16

units

$187,500

UNDER CONTRACT

13

units

$310,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

AVON-BY-THE-SEA

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

19

23

$995,000

$995,000

104

99

↑ 21% - 0% ↓ 4%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER tHREE 2016

ACTIVE

16

units

$1,324,500

UNDER CONTRACT

6

median price

units

$1,059,000

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

BELMAR

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

47

46

$555,000

$642,500

124

83

↓ 2% ↑ 15% ↓ 33%

ACTIVE

34

units

$699,000

UNDER CONTRACT

9

units

$899,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

BRADLEY BEACH

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

43

33

$522,500

$545,000

84

74

↓ 23% ↑ 4% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

14

units

$634,950

UNDER CONTRACT

7

median price

units

$429,000

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

BRIELLE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

37

49

$589,000

$642,500

108

92

↑ 32% ↑ 9% ↓ 14%

ACTIVE

44 $749,450

UNDER CONTRACT

17

median price

units

$759,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

units

median price

*Active/Under Contract as of 10/25/2016

INTERLAKEN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

12

14

$600,000

$693,500

118

114

↑ 16% ↑ 15% ↓ 3%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

9

units

$899,000

UNDER CONTRACT

0 -

median price

units median price *Active/Under Contract as of 10/25/2016

wardwight.com

LAKE COMO

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

18

25

$362,500

$365,000

77

64

↑ 38% ↑ 0% ↓ 16%

ACTIVE

11

units

$299,000

UNDER CONTRACT

7

units

$269,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

MANASQUAN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

65

59

$690,000

$639,900

89

81

↓ 9% ↓ 7% ↓ 8%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

50 $699,000

UNDER CONTRACT

16

units median price

units

$574,500

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

NEPTUNE CITY

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

47

43

$202,000

$247,500

64

66

↓ 8% ↑ 22% ↑ 3%

ACTIVE

16

units

$284,000

UNDER CONTRACT

9

units

$249,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

NEPTUNE TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

217

259

$270,000

$282,500

89

68

↑ 19% ↑ 4% ↓ 23%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

UNDER CONTRACT

130

units

$321,950

median price

69

units

$249,999

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

OCEAN GROVE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

46

50

$462,500

$482,500

97

65

↑ 8% ↑ 4% ↓ 32%

ACTIVE

24

units

$694,000

UNDER CONTRACT

5

units

$549,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

OCEAN TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

149

201

$365,000

$395,000

75

65

↑ 34% ↑ 8% ↓ 13%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

107 $519,000

UNDER CONTRACT

56

units median price

units

$374,500

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

SEA GIRT

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

40

39

$1,632,000

$1,649,000

70

107

↓ 2% ↑ 1% ↑ 52%

ACTIVE

29

units

$2,349,000

UNDER CONTRACT

9

units

$2,199,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

SPRING LAKE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

58

54

$1,787,500

$1,947,500

104

104

↓ 6% ↑ 8% - 0%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

45

units

$2,299,000

UNDER CONTRACT

14

median price

units

$1,523,500

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

SPRING LAKE HEIGHTS

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

33

29

$455,000

$440,000

73

77

↓ 12% ↓ 3% ↑ 5%

ACTIVE

16

units

$580,000

UNDER CONTRACT

4

units

$474,450

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

median price

median price

*Active/Under Contract as of 10/25/2016

WALL

SOLD

JAN 16 - YTD units sold

median price avg days on market

2015

2016

195

263

$450,000

$465,000

80

73

↑ 34% ↑ 3% ↓ 8%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016

QUARTER three 2016

ACTIVE

UNDER CONTRACT

160

units

$627,000

median price

45

units

$574,900

median price

*Active/Under Contract as of 10/25/2016

wardwight.com

wardwight.com

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