micro market report 2013 QUARTER TWO
Local Expertise. Global Exposure.
ASBURY PARK | AVON-BY-THE-SEA | BELMAR | BRADLEY BEACH | LAKE COMO MANASQUAN | OCEAN GROVE | SEA GIRT | SPRING LAKE SPRING LAKE HEIGHTS | WALL
ASBURY PARK, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$304,663 Average Days on Market..............................................................................................................................................................................................................................130 Highest Price............................................................................................................................................................................................................................................$899,000 Lowest Price...............................................................................................................................................................................................................................................$44,900 Total # of Listings.................................................................................................................................................................................................................................................49
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$165,729 Average Days on Market.................................................................................................................................................................................................................................94 Highest Price............................................................................................................................................................................................................................................$405,900 Lowest Price...............................................................................................................................................................................................................................................$35,900 Total # of Listings.................................................................................................................................................................................................................................................14
317 6th Avenue, Asbury Park *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
AVON-BY-THE-SEA, NEW JERSEY | 2013 quarter TWO report
427 Lincoln Avenue, Avon-by-the-Sea
ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,235,800 Average Days on Market.................................................................................................................................................................................................................................90 Highest Price........................................................................................................................................................................................................................................$2,549,800 Lowest Price............................................................................................................................................................................................................................................$459,000 Total # of Listings.................................................................................................................................................................................................................................................18
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$689,200 Average Days on Market..............................................................................................................................................................................................................................184 Highest Price............................................................................................................................................................................................................................................$999,600 Lowest Price............................................................................................................................................................................................................................................$499,000 Total # of Listings....................................................................................................................................................................................................................................................3 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
BELMAR, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price.......................................................................................................................................................................................................................................$1,049,249 Average Days on Market..............................................................................................................................................................................................................................160 Highest Price........................................................................................................................................................................................................................................$3,200,000 Lowest Price............................................................................................................................................................................................................................................$250,000 Total # of Listings.................................................................................................................................................................................................................................................52
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$621,190 Average Days on Market.................................................................................................................................................................................................................................86 Highest Price........................................................................................................................................................................................................................................$1,150,000 Lowest Price............................................................................................................................................................................................................................................$315,000 Total # of Listings.................................................................................................................................................................................................................................................10
*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
BRADLEY BEACH, NEW JERSEY | 2013 quarter TWO report
ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$559,958 Average Days on Market..............................................................................................................................................................................................................................109 Highest Price............................................................................................................................................................................................................................................$924,000 Lowest Price............................................................................................................................................................................................................................................$249,000 Total # of Listings.................................................................................................................................................................................................................................................26
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$509,820 Average Days on Market.................................................................................................................................................................................................................................62 Highest Price............................................................................................................................................................................................................................................$649,000 Lowest Price............................................................................................................................................................................................................................................$215,000 Total # of Listings.................................................................................................................................................................................................................................................10 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
BRIELLE, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,166,330 Average Days on Market..............................................................................................................................................................................................................................134 Highest Price........................................................................................................................................................................................................................................$6,900,000 Lowest Price............................................................................................................................................................................................................................................$299,000 Total # of Listings.................................................................................................................................................................................................................................................39
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$690,025 Average Days on Market..............................................................................................................................................................................................................................120 Highest Price........................................................................................................................................................................................................................................$2,100,000 Lowest Price............................................................................................................................................................................................................................................$239,900 Total # of Listings.................................................................................................................................................................................................................................................16
6 Crescent Drive, Brielle
*Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
LAKE COMO, NEW JERSEY | 2013 quarter TWO report
ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$432,618 Average Days on Market.................................................................................................................................................................................................................................86 Highest Price............................................................................................................................................................................................................................................$650,000 Lowest Price............................................................................................................................................................................................................................................$229,900 Total # of Listings.................................................................................................................................................................................................................................................28
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$310,475 Average Days on Market.................................................................................................................................................................................................................................30 Highest Price............................................................................................................................................................................................................................................$389,000 Lowest Price............................................................................................................................................................................................................................................$229,900 Total # of Listings....................................................................................................................................................................................................................................................4 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
MANASQUAN, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$749,161 Average Days on Market..............................................................................................................................................................................................................................131 Highest Price........................................................................................................................................................................................................................................$2,995,000 Lowest Price............................................................................................................................................................................................................................................$299,000 Total # of Listings.................................................................................................................................................................................................................................................64
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$727,028 Average Days on Market..............................................................................................................................................................................................................................117 Highest Price........................................................................................................................................................................................................................................$3,600,000 Lowest Price............................................................................................................................................................................................................................................$349,000 Total # of Listings.................................................................................................................................................................................................................................................18
9 Central Avenue, Manasquan *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
OCEAN GROVE, NEW JERSEY | 2013 quarter TWO report
ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$519,363 Average Days on Market..............................................................................................................................................................................................................................141 Highest Price........................................................................................................................................................................................................................................$1,399,000 Lowest Price............................................................................................................................................................................................................................................$239,900 Total # of Listings.................................................................................................................................................................................................................................................38
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$477,000 Average Days on Market................................................................................................................................................................................................................................ 71 Highest Price........................................................................................................................................................................................................................................... $785,000 Lowest Price............................................................................................................................................................................................................................................$219,000 Total # of Listings....................................................................................................................................................................................................................................................4 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
SEA GIRT, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,429,246 Average Days on Market..............................................................................................................................................................................................................................101 Highest Price........................................................................................................................................................................................................................................$5,400,000 Lowest Price............................................................................................................................................................................................................................................$687,000 Total # of Listings..................................................................................................................................................................................................................................................24
UNDER CONTRACT SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$1,769,817 Average Days on Market..............................................................................................................................................................................................................................120 Highest Price........................................................................................................................................................................................................................................$2,699,000 Lowest Price............................................................................................................................................................................................................................................$889,900 Total # of Listings.................................................................................................................................................................................................................................................12
210 Philadelphia Blvd, Sea Girt *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
SPRING LAKE, NEW JERSEY | 2013 quarter TWO report
110 Essex Avenue, Spring Lake
ACTIVE SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,991,313 Average Days on Market..............................................................................................................................................................................................................................129 Highest Price.....................................................................................................................................................................................................................................$12,900,000 Lowest Price............................................................................................................................................................................................................................................$689,000 Total # of Listings.................................................................................................................................................................................................................................................75
UNDER CONTRACT SINGLE FAMILY HOMES Average Price......................................................................................................................................................................................................................................$2,621,636 Average Days on Market..............................................................................................................................................................................................................................123 Highest Price........................................................................................................................................................................................................................................$6,850,000 Lowest Price............................................................................................................................................................................................................................................$990,000 Total # of Listings.................................................................................................................................................................................................................................................11 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
SPRING LAKE HEIGHTS, NEW JERSEY | 2013 quarter TWO report ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$520,817 Average Days on Market..............................................................................................................................................................................................................................182 Highest Price............................................................................................................................................................................................................................................$975,000 Lowest Price............................................................................................................................................................................................................................................$150,000 Total # of Listings.................................................................................................................................................................................................................................................23
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$477,711 Average Days on Market.................................................................................................................................................................................................................................82 Highest Price............................................................................................................................................................................................................................................$799,000 Lowest Price............................................................................................................................................................................................................................................$313,313 Total # of Listings.................................................................................................................................................................................................................................................10
206 Hwy 71, Spring Lake Heights *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
WALL, NEW JERSEY | 2013 quarter TWO report
1614 Sheridian Dr,Wall
ACTIVE SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$690,610 Average Days on Market..............................................................................................................................................................................................................................115 Highest Price........................................................................................................................................................................................................................................$4,999,900 Lowest Price...............................................................................................................................................................................................................................................$16,000 Total # of Listings..............................................................................................................................................................................................................................................170
UNDER CONTRACT SINGLE FAMILY HOMES Average Price..........................................................................................................................................................................................................................................$503,813 Average Days on Market..............................................................................................................................................................................................................................119 Highest Price........................................................................................................................................................................................................................................$1,329,900 Lowest Price............................................................................................................................................................................................................................................$135,000 Total # of Listings.................................................................................................................................................................................................................................................64 *Monmouth/Ocean MLS; Single Family - Data Extrapolated on 07/08/2013
MICRO MARKET REPORT 2013 QUARTER TWO | WARDWIGHT.COM
wardwight.com
For information on recent sales in a specific micro market, contact one of our sales offices. AVON-BY-THE-SEA 440 Main St
Belmar 901 Main St
732.455.8121
732.681.0027
MANASQUAN 206 E. Main St
SEA GIRT 522 Washington Blvd
SPRING LAKE 1117 Third Ave
732.223.2266
732.449.5959
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.