micro market report
2012 YEAR END REPORT
L窶覚cal Expertise. Global Exposure. Avon-by-the-Sea | Belmar | Bradley Beach | Brielle | Lake Como | Manasquan Sea Girt | Spring Lake Heights | Spring Lake | Wall
AVON-BY-THE-SEA, NEW JERSEY | 2012 year end report
2011
2012
Average Price.......................................................………………$1,063,962 ..…………………………….$1,099,927 Average Days on Market...........……………………………………………123 ..……………………………………........118 Highest Price…………….……………………………………………$2,500,000……………………......……$2,600,000 Lowest Price……………………………………………………….........$265,000...………………………………..$218,000 Average Price/SqFt………………………………………………………$174.11.……………………………………..$161.79 Properties Sold………………………………………………………...................13.……………………………………………24 2010-2012 Closed Sales (Volume) AVON-BY-THE-SEA, NEW JERSEY
$16,000,000 $14,000,000 $12,000,000 $10,000,000
2010 2011
$8,000,000
2012
$6,000,000 $4,000,000 $2,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
BELMAR, NEW JERSEY | 2012 year end report
2011
2012
Average Price..........................................................………………$597,760 ..…………………………….…..$627,133 Average Days on Market...........……………………………………………137 ..……………………………………........131 Highest Price…………….…………………………………………….$2,300,000……………………......…...$2,605,000 Lowest Price………………………………………………………..........$190,000 ..………………………………$206,000 Average Price/SqFt……………………………………………………..$120.76…………………………………….$113.39 Properties Sold………………………………………………………...................42……………………………………………34 2010-2012 Closed Sales (Volume) BELMAR, NEW JERSEY
$10,000,000 $9,000,000 $8,000,000 $7,000,000
2010
$6,000,000
2011
$5,000,000
2012
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
BRADLEY BEACH, NEW JERSEY | 2012 year end report
2011
2012
Average Price... ......................................................………………$510,486 ..…………………………….…$548,341 Average Days on Market.. ..........……………………………………………83 ..……………………………………....…115 Highest Price…………….…………………………………………….…$860,000……………………......…....$1,659,500 Lowest Price………………………………………………………..........$165,000...……………………………….$185,000 Average Price/SqFt……………………………………………………..$146.33……………………………………..$114.18 Properties Sold………………………………………………………...................36……………………………………………33 2010-2012 Closed Sales (Volume) BRADLEY BEACH, NEW JERSEY
$10,000,000 $9,000,000 $8,000,000 $7,000,000
2010
$6,000,000
2011
$5,000,000
2012
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
BRIELLE, NEW JERSEY | 2012 year end report
2011
2012
Average Price... ......................................................………………$553,248 ..……………………………...$602,580 Average Days on Market...........……………………………………………141 ..…………………………………………150 Highest Price…………….…………………………………………….$1,200,000……………………......…....$2,625,000 Lowest Price………………………………………………………............$20,000..………………………………...$50,400 Average Price/SqFt……………………………………………………......$81.11……………………………………..$58.88 Properties Sold………………………………………………………...................36……………………………………………52 2010-2012 Closed Sales (Volume) BRIELLE, NEW JERSEY
$12,000,000 $10,000,000 $8,000,000
2010 2011
$6,000,000
2012
$4,000,000 $2,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
LAKE COMO, NEW JERSEY | 2012 year end report
2011
2012
Average Price... ......................................................………………$455,358 ..…………………………….…$325,325 Average Days on Market...........……………………………………………116 ..……………………………………....…177 Highest Price…………….……………………………………………..$1,250,000……………………......…......$585,000 Lowest Price………………………………………………………..........$120,000..……………………………….$150,000 Average Price/SqFt…………………………………………………….....$58.31……………………………………...$41.14 Properties Sold………………………………………………………....................13……………………………………………20 2010-2012 Closed Sales (Volume) LAKE COMO, NEW JERSEY
$3,000,000 $2,500,000 $2,000,000
2010 2011
$1,500,000
2012
$1,000,000 $500,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
MANASQUAN, NEW JERSEY | 2012 year end report
2011
2012
Average Price..........................................................………………$556,379 ...…………………………….....$531,981 Average Days on Market...........……………………………………………141 ..…………………………………………..111 Highest Price…………….……………………………………………..$1,440,000……………………......….…..$985,000 Lowest Price………………………………………………………..........$225,000..………………………………$250,000 Average Price/SqFt……………………………………………………..$198.78……………………………………........n/a Properties Sold………………………………………………………...................47……………………………………………..71 2010-2012 Closed Sales (Volume) MANASQUAN, NEW JERSEY
$20,000,000 $18,000,000 $16,000,000 $14,000,000
2010
$12,000,000
2011
$10,000,000
2012
$8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
SEA GIRT, NEW JERSEY | 2012 year end report
2011
2012
Average Price.......................................................………………$1,591,856 ...……………………...........$1,632,637 Average Days on Market...........…………………………………………….115..…………………………………………..98 Highest Price…………….…………………………………………….$6,250,000……………………......…..$4,000,000 Lowest Price………………………………………………………..........$535,000..………………………………$565,000 Average Price/SqFt……………………………………………………....$83.87……………………………………...$112.17 Properties Sold………………………………………………………..................40……………………………………………40 2010-2012 Closed Sales (Volume) SEA GIRT, NEW JERSEY
$30,000,000 $25,000,000 $20,000,000
2010 2011
$15,000,000
2012
$10,000,000 $5,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
SPRING LAKE HEIGHTS, NEW JERSEY | 2012 year end report
2011
2012
Average Price... ......................................................………………$447,094 ...…………………….............$435,256 Average Days on Market...........……………………………………………..92..…………………………………………140 Highest Price…………….…………………………………………….....$805,000……………………......….......$715,000 Lowest Price………………………………………………………............$257,100..………………………………$260,000 Average Price/SqFt……………………………………………………..$109.44……………………………………..$131.21 Properties Sold………………………………………………………...................24……………………………………………37 2010-2012 Closed Sales (Volume) SPRING LAKE HEIGHTS, NEW JERSEY
$7,000,000 $6,000,000 $5,000,000
2010
$4,000,000
2011
$3,000,000
2012
$2,000,000 $1,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
SPRING LAKE, NEW JERSEY | 2012 year end report
2011
2012
Average Price.......................................................………………$1,694,808 ...……………………...........$1,694,617 Average Days on Market...........……………………………………………148..…………………………………………..97 Highest Price…………….…………………………………………….$4,700,000……………………......…....$5,155,000 Lowest Price……………………………………………………….........$550,000..……………………………….$525,000 Average Price/SqFt……………………………………………………...$195.13……………………………………$252.54 Properties Sold………………………………………………………...................47…………………………………………….59 2010-2012 Closed Sales (Volume) SPRING LAKE, NEW JERSEY
$50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000
2010
$25,000,000
2011
$20,000,000
2012
$15,000,000 $10,000,000 $5,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
WALL, NEW JERSEY | 2012 year end report
2011
2012
Average Price.... ......................................................………………$451,169 ...…………………….............$468,474 Average Days on Market...........……………………………………………147..…………………………………………..111 Highest Price…………….……………………………………………..$1,475,000……………………......…...$3,300,000 Lowest Price……………………………………………………….............$21,280..………………………………......$6,500 Average Price/SqFt……………………………………………………....$83.07……………………………………..$75.00 Properties Sold……………………………………………………….................177……………………………………………213 2010-2012 Closed Sales (Volume) WALL, NEW JERSEY
$45,000,000 $40,000,000 $35,000,000 $30,000,000
2010
$25,000,000
2011
$20,000,000
2012
$15,000,000 $10,000,000 $5,000,000 $0 Q1
Q2
Q3
Q4
*Monmouth/Ocean MLS; Closed Single Family 01/01/2010 - 12/31/2010; 01/01/2011 - 12/31/2011; 01/01/2012 - 12/31/2012
MICRO MARKET REPORT
2012 year end report | wardwight.com
wardwight.com
AVON-BY-THE-SEA 440 Main St
732.455.8121
Belmar 901 Main St
732.681.0027
MANASQUAN 206 E. Main St
732.223.2266
SEA GIRT 522 Washington Blvd
732.449.5959
SPRING LAKE 1117 Third Ave
732.449.3322
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.