2014 Q3 Micro Market Report

Page 1

2 0 1 4 Q U ARTE R TH REE M ICRO M A RK ET RE P O R T

ASBURY PARK ∙ AVON-BY-THE-SEA ∙ BELMAR ∙ BRADLEY BEACH ∙ LAKE COMO ∙ MANASQUAN ∙ NEPTUNE NEPTUNE CITY ∙ OCEAN GROVE ∙ SEA GIRT ∙ SPRING LAKE ∙ SPRING LAKE HEIGHTS ∙ WALL TOWNSHIP


ASBURY PARK

$600,000 +

$400,000 - 599,999

$200,000 - 399,999

$0 - 199,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

14

19

26%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

12

18

33%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

6

13

54%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

0

2

N/A

2014 QUARTER THREE SINGLE FAMILY | ASBURY PARK, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

93

85

JAN 2014 - OCT 2014

96

65

10

Active Listings

4

Active Listings

AS OF OCT 2014

32%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

52

27

Active Listings

AS OF OCT 2014

9%

JAN 2013 - OCT 2013

27

Active Listings

108

AS OF OCT 2014

52%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

0

94

N/A

AS OF OCT 2014


AVON-BY-THE-SEA

$1,500,000 +

$1,000,000 - 1,499,999

$750,000 - 999,999

$0 - 749,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

4

=

JAN 2013 - OCT 2013

5

=

JAN 2013 - OCT 2013

3

JAN 2013 - OCT 2013

4

JAN 2014 - OCT 2014

4

0%

JAN 2014 - OCT 2014

5

0%

JAN 2014 - OCT 2014

2

33%

JAN 2014 - OCT 2014

2

50%

2014 QUARTER THREE SINGLE FAMILY | AVON-BY-THE-SEA, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

103

JAN 2013 - OCT 2013

133

JAN 2013 - OCT 2013

137

JAN 2013 - OCT 2013

78

JAN 2014 - OCT 2014

128

6

Active Listings

1

Active Listings

8

Active Listings

4

Active Listings

AS OF OCT 2014

20%

JAN 2014 - OCT 2014

62

AS OF OCT 2014

53%

JAN 2014 - OCT 2014

68

AS OF OCT 2014

50%

JAN 2014 - OCT 2014

118

34%

AS OF OCT 2014


BELMAR

$1,250,000 +

$750,000 - 1,249,999

$500,000 - 749,999

$0 -499,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

14

JAN 2013 - OCT 2013

8

JAN 2013 - OCT 2013

7

JAN 2013 - OCT 2013

1

=

2014 QUARTER THREE SINGLE FAMILY | BELMAR, NJ

JAN 2014 - OCT 2014

15

6%

JAN 2014 - OCT 2014

11

27%

JAN 2014 - OCT 2014

6

14%

JAN 2014 - OCT 2014

1

0%

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

82

JAN 2013 - OCT 2013

77

JAN 2013 - OCT 2013

74

JAN 2013 - OCT 2013

468

JAN 2014 - OCT 2014

167

17

Active Listings

12

Active Listings

17

Active Listings

17

Active Listings

AS OF OCT 2014

51%

JAN 2014 - OCT 2014

70

AS OF OCT 2014

9%

JAN 2014 - OCT 2014

86

AS OF OCT 2014

14%

JAN 2014 - OCT 2014

12

97%

AS OF OCT 2014


BRADLEY BEACH

$,750,000 +

$500,000 - 749,999

350,000 - 499,999

$0 -349,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

7

JAN 2013 - OCT 2013

10

JAN 2013 - OCT 2013

6

JAN 2013 - OCT 2013

9

JAN 2014 - OCT 2014

9

22%

JAN 2014 - OCT 2014

8

20%

JAN 2014 - OCT 2014

5

17%

JAN 2014 - OCT 2014

10

10%

2014 QUARTER THREE SINGLE FAMILY | BRADLEY BEACH, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

77

JAN 2013 - OCT 2013

45

JAN 2013 - OCT 2013

116

JAN 2013 - OCT 2013

60

JAN 2014 - OCT 2014

67

6

Active Listings

13

Active Listings

6

Active Listings

5

Active Listings

AS OF OCT 2014

13%

JAN 2014 - OCT 2014

53

AS OF OCT 2014

15%

JAN 2014 - OCT 2014

61

AS OF OCT 2014

47%

JAN 2014 - OCT 2014

73

18%

AS OF OCT 2014


BRIELLE

$1,500,000 +

$750,000 - 1,499,999

$500,000 - 749,999

$0 - 499,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

11

12

8%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

24

14

42%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

11

5

55%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

3

0

N/A

2014 QUARTER THREE SINGLE FAMILY | BRIELLE, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

103

104

JAN 2014 - OCT 2014

122

127

16

Active Listings

7

Active Listings

AS OF OCT 2014

4%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

119

15

Active Listings

AS OF OCT 2014

1%

JAN 2013 - OCT 2013

8

Active Listings

147

AS OF OCT 2014

19%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

135

0

N/A

AS OF OCT 2014


LAKE COMO

$750,000 +

$500,000 - 749,999

$350,000 - 499,999

$0 - 349,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

8

11

27%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

4

5

20%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

1

8

86%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

0

0

N/A

2014 QUARTER THREE SINGLE FAMILY | LAKE COMO, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

91

111

JAN 2014 - OCT 2014

32

98

7

Active Listings

1

Active Listings

AS OF OCT 2014

67%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

58

6

Active Listings

AS OF OCT 2014

18%

JAN 2013 - OCT 2013

9

Active Listings

118

AS OF OCT 2014

51%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

0

0

N/A

AS OF OCT 2014


MANASQUAN

$0 - 399,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

19

$650,000 - 799,999

$400,000 - 649,999

$800,000 +

JAN 2014 - OCT 2014

15

21%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

24

20

17%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

9

8

11%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

8

10

20%

2014 QUARTER THREE SINGLE FAMILY | MANASQUAN, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

109

JAN 2013 - OCT 2013

129

JAN 2013 - OCT 2013

104

JAN 2013 - OCT 2013

115

JAN 2014 - OCT 2014

90

10

Active Listings

14

Active Listings

10

Active Listings

32

Active Listings

AS OF OCT 2014

17%

JAN 2014 - OCT 2014

137

AS OF OCT 2014

6%

JAN 2014 - OCT 2014

149

AS OF OCT 2014

30%

JAN 2014 - OCT 2014

107

7%

AS OF OCT 2014


NEPTUNE CITY

$0 - 149,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

3

$250,000 - 349,999

$150,000 - 249,999

$350,000 +

JAN 2014 - OCT 2014

1

67%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

10

14

29%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

2

7

71%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

1

2

50%

2014 QUARTER THREE SINGLE FAMILY | NEPTUNE CITY, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

121

JAN 2013 - OCT 2013

108

JAN 2013 - OCT 2013

67

JAN 2013 - OCT 2013

95

JAN 2014 - OCT 2014

17

0

Active Listings

9

Active Listings

11

Active Listings

5

Active Listings

AS OF OCT 2014

86%

JAN 2014 - OCT 2014

90

AS OF OCT 2014

17%

JAN 2014 - OCT 2014

198

AS OF OCT 2014

66%

JAN 2014 - OCT 2014

50

47%

AS OF OCT 2014


NEPTUNE TWP

$0 - 199,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

69

54

$700,000 +

$400,000 - 699,999

$200,000 - 399,999

22%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

96

95

1%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

19

26

27%

JAN 2013 - OCT 2013

3

JAN 2014 - OCT 2014

7

57%

2014 QUARTER THREE SINGLE FAMILY | NEPTUNE TWP, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

127

JAN 2013 - OCT 2013

84

JAN 2013 - OCT 2013

90

JAN 2013 - OCT 2013

80

JAN 2014 - OCT 2014

121

40

Active Listings

94

Active Listings

38

Active Listings

13

Active Listings

AS OF OCT 2014

5%

JAN 2014 - OCT 2014

77

AS OF OCT 2014

8%

JAN 2014 - OCT 2014

68

AS OF OCT 2014

24%

JAN 2014 - OCT 2014

149

46%

AS OF OCT 2014


OCEAN GROVE

$0 -399,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

16

$650,000 - 799,999

$400,000 - 649,999

$800,000 +

JAN 2014 - OCT 2014

14

13%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

10

=

10

0%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

3

1

67%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

1

3

67%

2014 QUARTER THREE SINGLE FAMILY | OCEAN GROVE, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

79

JAN 2013 - OCT 2013

77

JAN 2013 - OCT 2013

106

JAN 2013 - OCT 2013

124

JAN 2014 - OCT 2014

77

6

Active Listings

12

Active Listings

3

Active Listings

5

Active Listings

AS OF OCT 2014

3%

JAN 2014 - OCT 2014

67

AS OF OCT 2014

13%

JAN 2014 - OCT 2014

69

AS OF OCT 2014

35%

JAN 2014 - OCT 2014

266

53%

AS OF OCT 2014


SEA GIRT

$2,000,000 +

$1,250,000 -1,999,999

$750,000 -1,249,999

$0 - 749,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

3

JAN 2013 - OCT 2013

9

JAN 2013 - OCT 2013

10

JAN 2013 - OCT 2013

5

2014 QUARTER THREE SINGLE FAMILY | SEA GIRT, NJ

JAN 2014 - OCT 2014

4

25%

JAN 2014 - OCT 2014

7

22%

JAN 2014 - OCT 2014

11

9%

JAN 2014 - OCT 2014

16

69%

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

135

JAN 2013 - OCT 2013

45

JAN 2013 - OCT 2013

87

JAN 2013 - OCT 2013

102

JAN 2014 - OCT 2014

158

1

Active Listings

4

Active Listings

3

Active Listings

11

Active Listings

AS OF OCT 2014

15%

JAN 2014 - OCT 2014

84

AS OF OCT 2014

46%

JAN 2014 - OCT 2014

46

AS OF OCT 2014

47%

JAN 2014 - OCT 2014

109

6%

AS OF OCT 2014


SPRING LAKE

$2,500,000 +

$1,500,000 - 2,499,999

$1,00,000 - 1,499,999

$0 - 999,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

9

JAN 2014 - OCT 2014

=

9

0%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

19

12

37%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

12

14

14%

JAN 2013 - OCT 2013

JAN 2014 - OCT 2014

8

19

58%

2014 QUARTER THREE SINGLE FAMILY | SPRING LAKE, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

90

JAN 2013 - OCT 2013

91

JAN 2013 - OCT 2013

105

JAN 2013 - OCT 2013

139

JAN 2014 - OCT 2014

118

5

Active Listings

10

Active Listings

27

Active Listings

29

Active Listings

AS OF OCT 2014

24%

JAN 2014 - OCT 2014

120

AS OF OCT 2014

24%

JAN 2014 - OCT 2014

72

AS OF OCT 2014

31%

JAN 2014 - OCT 2014

153

9%

AS OF OCT 2014


SPRING LAKE HTS

$650,000 +

$500,000 - 649,999

$350,000 - 499,999

$0 - 349,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

4

JAN 2013 - OCT 2013

14

JAN 2013 - OCT 2013

4

JAN 2013 - OCT 2013

4

JAN 2014 - OCT 2014

5

20%

JAN 2014 - OCT 2014

16

13%

JAN 2014 - OCT 2014

9

56%

JAN 2014 - OCT 2014

6

33%

2014 QUARTER THREE SINGLE FAMILY | SPRING LAKE HEIGHTS, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

64

JAN 2013 - OCT 2013

101

JAN 2013 - OCT 2013

109

JAN 2013 - OCT 2013

66

JAN 2014 - OCT 2014

78

4

Active Listings

8

Active Listings

6

Active Listings

10

Active Listings

AS OF OCT 2014

18%

JAN 2014 - OCT 2014

73

AS OF OCT 2014

28%

JAN 2014 - OCT 2014

128

AS OF OCT 2014

15%

JAN 2014 - OCT 2014

70

6%

AS OF OCT 2014


WALL TOWNSHIP

$0 - 449,999

NUMBER OF CLOSED TRANSACTIONS

JAN 2013 - OCT 2013

112

$850,000 +

$650,000 - 849,999

$450,000 - 649,999

JAN 2013 - OCT 2013

49

JAN 2013 - OCT 2013

19

JAN 2013 - OCT 2013

4

JAN 2014 - OCT 2014

82

28%

JAN 2014 - OCT 2014

50

2%

JAN 2014 - OCT 2014

28

16%

JAN 2014 - OCT 2014

9

56%

2014 QUARTER THREE SINGLE FAMILY | WALL TOWNSHIP, NJ

AVERAGE DAYS ON MARKET

JAN 2013 - OCT 2013

111

JAN 2013 - OCT 2013

78

JAN 2013 - OCT 2013

63

JAN 2013 - OCT 2013

131

JAN 2014 - OCT 2014

97

61

Active Listings

43

Active Listings

26

Active Listings

33

Active Listings

AS OF OCT 2014

13%

JAN 2014 - OCT 2014

102

AS OF OCT 2014

24%

JAN 2014 - OCT 2014

89

AS OF OCT 2014

29%

JAN 2014 - OCT 2014

183

17%

AS OF OCT 2014


wardwight.com

To receive a complete list of active or sold properties in a specific market area, contact one of our five offices today. AVON-BY-THE-SEA 440 Main St

Belmar 901 Main St

MANASQUAN 206 E. Main St

SEA GIRT 522 Washington Blvd

SPRING LAKE 1117 Third Ave

732.455.8121

732.681.0027

732.223.2266

732.449.5959

732.449.3322

*Data Source: Monmouth/Ocean MLS Single Family 01/01/2013 - 10/02/2013; 01/01/2014 - 10/03/2014 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.


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