2014 YEAR-IN-REVIEW MICRO MARKET REPORT
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 - DEC 2013
JAN 2014 - DEC 2014
20
29
45%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
16
25
56%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
7
19
171%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
0
2
N/A
2014 YEAR-IN-REVIEW SINGLE FAMILY | ASBURY PARK, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
62
89
JAN 2014 - DEC 2014
86
74
6
Active Listings
2
Active Listings
AS OF JAN 2015
13%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
45
15
Active Listings
AS OF JAN 2015
43%
JAN 2013 - DEC 2013
22
Active Listings
97
AS OF JAN 2015
115%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
0
94
N/A
AS OF JAN 2015
AVON-BY-THE-SEA
$0 - 749,999 $750,000 - 999,999 $1,000,000 - 1,499,999
JAN 2014 - DEC 2014
6
6
= 0%
JAN 2013 - DEC 2013
6
$1,500,000 +
JAN 2013 - DEC 2013
JAN 2013 - DEC 2013
5
JAN 2013 - DEC 2013
5
JAN 2014 - DEC 2014
7
16%
JAN 2014 - DEC 2014
4
20%
JAN 2014 - DEC 2014
2
60%
2014 YEAR-IN-REVIEW SINGLE FAMILY | AVON-BY-THE-SEA, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
98
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
112
JAN 2013 - DEC 2013
138
JAN 2013 - DEC 2013
74
JAN 2014 - DEC 2014
113
5
Active Listings
1
Active Listings
7
Active Listings
5
Active Listings
AS OF JAN 2015
15%
JAN 2014 - DEC 2014
78
AS OF JAN 2015
30%
JAN 2014 - DEC 2014
104
AS OF JAN 2015
24%
JAN 2014 - DEC 2014
117
58%
AS OF JAN 2015
BELMAR
$1,250,000 +
$750,000 - 1,249,999
$500,000 - 749,999
$0 -499,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
19
JAN 2013 - DEC 2013
10
JAN 2013 - DEC 2013
12
JAN 2013 - DEC 2013
3
2014 YEAR-IN-REVIEW SINGLE FAMILY | BELMAR, NJ
JAN 2014 -DEC 2014
21
10%
JAN 2014 -DEC 2014
11
10%
JAN 2014 - DEC 2014
9
25%
JAN 2014 - DEC 2014
6
100%
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
108
JAN 2013 - DEC 2013
81
JAN 2013 - DEC 2013
77
JAN 2013 - DEC 2013
186
JAN 2014 -DEC 2014
154
12
Active Listings
11
Active Listings
14
Active Listings
18
Active Listings
AS OF JAN 2015
42%
JAN 2014 - DEC 2014
70
AS OF JAN 2015
13%
JAN 2014 -DEC 2014
71
AS OF JAN 2015
7%
JAN 2014 -DEC 2014
138
25%
AS OF JAN 2015
BRADLEY BEACH
$0 -349,999 350,000 - 499,999 $500,000 - 749,999 $,750,000 +
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
7
JAN 2013 - DEC 2013
12
71%
JAN 2014 - DEC 2014
14
9
JAN 2013 - DEC 2013
35%
JAN 2014 - DEC 2014
10
10
= 0%
JAN 2013 - DEC 2013
9
JAN 2014 - DEC 2014
12
33%
2014 YEAR-IN-REVIEW SINGLE FAMILY | BRADLEY BEACH, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
76
JAN 2013 - DEC 2013
46
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
113
JAN 2013 - DEC 2013
59
JAN 2014 -DEC 2014
71
4
Active Listings
11
Active Listings
3
Active Listings
6
Active Listings
AS OF JAN 2015
6%
JAN 2014 -DEC 2014
48
AS OF JAN 2015
4%
JAN 2014 - DEC 2014
80
AS OF JAN 2015
29%
JAN 2014 - DEC 2014
64
8%
AS OF JAN 2015
BRIELLE
$500,000 - 749,999 $750,000 - 1,499,999 $1,500,000 +
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
14
15
$0 - 499,999
NUMBER OF CLOSED TRANSACTIONS
7%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
27
19
29%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
14
8
42%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
3
0
N/A
2014 YEAR-IN-REVIEW SINGLE FAMILY | BRIELLE, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
117
110
JAN 2014 -DEC 2014
108
120
10
Active Listings
5
Active Listings
AS OF JAN 2015
11%
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
134
9
Active Listings
AS OF JAN 2015
5%
JAN 2013 - DEC 2013
1
Active Listings
173
AS OF JAN 2015
29%
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
128
0
N/A
AS OF JAN 2015
LAKE COMO
$750,000 +
$500,000 - 749,999
$350,000 - 499,999
$0 - 349,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
10
14
40%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
8
7
12%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
2
9
350%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
0
0
N/A
2014 YEAR-IN-REVIEW SINGLE FAMILY | LAKE COMO, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
111
108
JAN 2014 -DEC 2014
51
75
4
Active Listings
2
Active Listings
AS OF JAN 2015
47%
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
33
6
Active Listings
AS OF JAN 2015
2%
JJAN 2013 - DEC 2013
6
Active Listings
108
AS OF JAN 2015
227%
JAN 2013 - DEC 2013
JAN 2014 -DEC 2014
0
0
N/A
AS OF JAN 2015
MANASQUAN
$0 - 399,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
21
$650,000 - 799,999
$400,000 - 649,999
$800,000 +
JAN 2014 - DEC 2014
20
4%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
34
30
11%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
9
11
22%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
12
14
16%
2014 YEAR-IN-REVIEW SINGLE FAMILY | MANASQUAN, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
104
JAN 2013 - DEC 2013
112
JAN 2013 - DEC 2013
104
JAN 2013 - DEC 2013
111
JAN 2014 -DEC 2014
74
9
Active Listings
12
Active Listings
8
Active Listings
28
Active Listings
AS OF JAN 2015
28%
JAN 2014 -DEC 2014
106
AS OF JAN 2015
5%
JAN 2014 -DEC 2014
130
AS OF JAN 2015
25%
JAN 2014 -DEC 2014
106
4%
AS OF JAN 2015
NEPTUNE CITY
$350,000 +
$250,000 - 349,999
$150,000 - 249,999
$0 - 149,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
3
3
=
0%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
15
14
6%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
3
10
233%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
1
3
200%
2014 YEAR-IN-REVIEW SINGLE FAMILY | NEPTUNE CITY, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
120
JAN 2013 - DEC 2013
117
JAN 2013 - DEC 2013
52
JAN 2013 - DEC 2013
95
JAN 2014 -DEC 2014
42
1
Active Listings
10
Active Listings
7
Active Listings
3
Active Listings
AS OF JAN 2015
65%
JAN 2014 -DEC 2014
88
AS OF JAN 2015
24%
JAN 2014 -DEC 2014
143
AS OF JAN 2015
175%
JAN 2014 -DEC 2014
46
51%
AS OF JAN 2015
NEPTUNE TWP
$0 - 199,999
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
84
77
$400,000 - 699,999 $700,000 +
8%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
121
130
$200,000 - 399,999
7%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
22
34
54%
JAN 2013 - DEC 2013
4
JAN 2014 - DEC 2014
8
100%
2014 YEAR-IN-REVIEW SINGLE FAMILY | NEPTUNE TWP, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
94
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
77
JAN 2013 - DEC 2013
86
JAN 2013 - DEC 2013
84
JAN 2014 -DEC 2014
117
31
Active Listings
70
Active Listings
24
Active Listings
15
Active Listings
AS OF JAN 2015
24%
JAN 2014 -DEC 2014
75
AS OF JAN 2015
2%
JAN 2014 -DEC 2014
82
AS OF JAN 2015
4%
JAN 2014 -DEC 2014
133
58%
AS OF JAN 2015
OCEAN GROVE
$0 -399,999
28
$650,000 - 799,999
30
7%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
16
$400,000 - 649,999
$800,000 +
JAN 2014 - DEC 2014
23
43%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
4
2
50%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
1
7
600%
2014 YEAR-IN-REVIEW SINGLE FAMILY | OCEAN GROVE, NJ
JAN 2013 - DEC 2013
91
JAN 2013 - DEC 2013
82
JAN 2013 - DEC 2013
105
JAN 2013 - DEC 2013
AVERAGE DAYS ON MARKET
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
116
JAN 2014 -DEC 2014
85
7
Active Listings
11
Active Listings
3
Active Listings
12
Active Listings
AS OF JAN 2015
6%
JAN 2014 -DEC 2014
91
AS OF JAN 2015
10%
JAN 2014 -DEC 2014
123
AS OF JAN 2015
17%
JAN 2014 -DEC 2014
152
31%
AS OF JAN 2015
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 - DEC 2013
3
JAN 2013 - DEC 2013
11
JAN 2013 - DEC 2013
16
JAN 2013 - DEC 2013
6
2014 YEAR-IN-REVIEW SINGLE FAMILY | SEA GIRT, NJ
JAN 2014 - DEC 2014
6
100%
JAN 2014 - DEC 2014
8
27%
JAN 2014 - DEC 2014
17
6%
JAN 2014 - DEC 2014
20
233%
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
135
JAN 2013 - DEC 2013
49
JAN 2013 - DEC 2013
84
JAN 2013 - DEC 2013
107
JAN 2014 -DEC 2014
143
1
Active Listings
2
Active Listings
2
Active Listings
12
Active Listings
AS OF JAN 2015
5%
JAN 2014 -DEC 2014
75
AS OF JAN 2015
53%
JAN 2014 -DEC 2014
70
AS OF JAN 2015
16%
JAN 2014 -DEC 2014
105
1%
AS OF JAN 2015
SPRING LAKE
$0 - 999,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
16
$1,500,000 - 2,499,999
$1,000,000 - 1,499,999
$2,500,000 +
JAN 2014 - DEC 2014
10
JAN 2014 - DEC 2014
19
13
31%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
15
19
26%
JAN 2013 - DEC 2013
JAN 2014 - DEC 2014
11
JAN 2013 - DEC 2013
26
136%
2014 YEAR-IN-REVIEW SINGLE FAMILY | SPRING LAKE, NJ
JAN 2014 -DEC 2014
115
114
5
Active Listings
8
Active Listings
19
Active Listings
29
Active Listings
AS OF JAN 2015
= 0%
37%
JAN 2013 - DEC 2013
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
89
JAN 2013 - DEC 2013
116
JAN 2013 - DEC 2013
125
JAN 2014 -DEC 2014
113
AS OF JAN 2015
26%
JAN 2014 -DEC 2014
75
AS OF JAN 2015
35%
JAN 2014 -DEC 2014
180
44%
AS OF JAN 2015
SPRING LAKE HTS
$650,000 +
$500,000 - 649,999
$350,000 - 499,999
$0 - 349,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
7
JAN 2013 - DEC 2013
16
JAN 2013 - DEC 2013
8
JAN 2013 - DEC 2013
6
JAN 2014 - DEC 2014
9
28%
JAN 2014 - DEC 2014
21
31%
JAN 2014 - DEC 2014
11
37%
JAN 2014 - DEC 2014
9
50%
2014 YEAR-IN-REVIEW SINGLE FAMILY | SPRING LAKE HEIGHTS, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
43
JAN 2013 - DEC 2013
112
JAN 2013 - DEC 2013
68
JAN 2013 - DEC 2013
65
JAN 2014 -DEC 2014
97
2
Active Listings
6
Active Listings
7
Active Listings
7
Active Listings
AS OF JAN 2015
125%
JAN 2014 -DEC 2014
67
AS OF JAN 2015
40%
JAN 2014 -DEC 2014
117
AS OF JAN 2015
72%
JAN 2014 -DEC 2014
132
103%
AS OF JAN 2015
WALL TOWNSHIP
$0 - 449,999
NUMBER OF CLOSED TRANSACTIONS
JAN 2013 - DEC 2013
142
$850,000 +
$650,000 - 849,999
$450,000 - 649,999
JAN 2013 - DEC 2013
65
JAN 2013 - DEC 2013
29
JAN 2013 - DEC 2013
6
JAN 2014 - DEC 2014
112
21%
JAN 2014 - DEC 2014
63
3%
JAN 2014 - DEC 2014
34
17%
JAN 2014 - DEC 2014
11
83%
2014 YEAR-IN-REVIEW SINGLE FAMILY | WALL TOWNSHIP, NJ
AVERAGE DAYS ON MARKET
JAN 2013 - DEC 2013
103
JAN 2013 - DEC 2013
82
JAN 2013 - DEC 2013
77
JAN 2013 - DEC 2013
113
JAN 2014 -DEC 2014
92
45
Active Listings
31
Active Listings
21
Active Listings
20
Active Listings
AS OF JAN 2015
10%
JAN 2014 -DEC 2014
89
AS OF JAN 2015
8%
JAN 2014 -DEC 2014
109
AS OF JAN 2015
41%
JAN 2014 -DEC 2014
195
72%
AS OF JAN 2015
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: MLS Single Family Closed Sales 01/01/2013 - 12/31/2013; 01/01/2014 - 12/31/2014; Active 01/22/2015 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.