Quarter Two 2016 Market Report | Coastal Jersey Living

QUARTER two 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

29

44

$260,000

$236,750

117

87

↑ 51% ↓ 9% ↓ 25%

ACTIVE

22

units

$262,000

UNDER CONTRACT

12

units

$279,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

AVON-BY-THE-SEA

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

8

13

$904,638

$900,000

88

73

↑ 62% ↓ 0% ↓ 17%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

22

units

$1,399,000

UNDER CONTRACT

6

median price

units

$1,174,500

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

BELMAR

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

33

$463,000

$677,000

138

92

↑ 13% ↑ 46% ↓ 33%

ACTIVE

39

units

$699,900

UNDER CONTRACT

10

units

$524,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

BRADLEY BEACH

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

27

$470,000

$625,000

99

74

↓ 6% ↑ 32% ↓ 25%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

13

units

$695,000

UNDER CONTRACT

7

median price

units

$599,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

BRIELLE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

20

30

$607,000

$629,500

139

114

↑ 50% ↑ 3% ↓ 17%

ACTIVE

40 $799,450

UNDER CONTRACT

19

median price

units

$625,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

units

median price

*Active/Under Contract as of 07/14/2016

INTERLAKEN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

9

9

$550,000

$620,000

145

138

- 0% ↑ 12% ↓ 4%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

6

units

$869,450

UNDER CONTRACT

3

median price

units

$950,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

LAKE COMO

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

12

14

$387,500

$357,750

91

62

↑ 16% ↓ 8% ↓ 31%

ACTIVE

22

units

$459,000

UNDER CONTRACT

6

units

$277,450

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

MANASQUAN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

38

34

$657,500

$639,950

87

109

↓ 10% ↓ 2% ↑ 25%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

58

units

$662,500

UNDER CONTRACT

15

median price

units

$569,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

NEPTUNE CITY

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

25

27

$219,000

$233,500

57

75

↑ 8% ↑ 6% ↑ 31%

ACTIVE

13

units

$299,000

UNDER CONTRACT

12

units

$254,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

NEPTUNE TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

127

167

$273,000

$279,900

90

79

↑ 31% ↑ 2% ↓ 12%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

151 $299,900

UNDER CONTRACT

75

units median price

units

$304,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

OCEAN GROVE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

30

$455,000

$492,000

110

71

↑ 3% ↑ 8% ↓ 35%

ACTIVE

33

units

$694,999

UNDER CONTRACT

15

units

$399,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

OCEAN TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

94

124

$350,000

$400,000

77

65

↑ 31% ↑ 14% ↓ 15%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

126 $499,000

UNDER CONTRACT

52

units median price

units

$397,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

SEA GIRT

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

24

20

$1,632,000

$1,617,000

74

98

↓ 16% ↓ 0% ↑ 32%

ACTIVE

31

units

$2,549,000

UNDER CONTRACT

12

units

$1,824,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

SPRING LAKE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

37

40

$1,720,000

$1,996,250

97

100

↑ 8% ↑ 16% ↑ 3%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

42

units

$2,037,500

UNDER CONTRACT

9

median price

units

$1,975,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

SPRING LAKE HEIGHTS

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

22

15

$455,000

$410,000

84

90

↓ 31% ↓ 10% ↑ 7%

ACTIVE

15

units

$549,900

UNDER CONTRACT

9

units

$525,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

WALL

SOLD

JAN 16 - YTD units sold

median price avg days on market

2015

2016

115

154

$449,000

$457,150

91

82

↑ 33% ↑ 1% ↓ 9%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

184 $639,900

UNDER CONTRACT

72

units median price

units

$472,450

median price

*Active/Under Contract as of 07/14/2016

wardwight.com

wardwight.com

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