2016 Year In Review Market Report

Page 1

415BostonBlvd.com

2016 YEAR-IN-REVIEW 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

2016

units sold

median price avg days on market

2015

2016

67

82

$290,000

$248,750

103

79

↑ 22% ↓ 16% ↓ 23%

ACTIVE

15

units

$160,000

UNDER CONTRACT

8

units

$379,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

AVON-BY-THE-SEA

SOLD

2016

units sold

median price avg days on market

2015

2016

22

30

$975,000

$992,500

99

120

↑ 36% ↑ 1% ↑ 21%

ACTIVE

10

units

$1,324,500

UNDER CONTRACT

5

units

$819,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

BELMAR

SOLD

2016

units sold

median price avg days on market

2015

2016

57

55

$615,000

$660,000

115

91

↓ 3% ↑ 7% ↓ 20%

ACTIVE

35

units

$699,900

UNDER CONTRACT

6

units

$594,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

BRADLEY BEACH

SOLD

2016

units sold

median price avg days on market

2015

2016

57

42

$520,000

$532,000

85

64

↓ 26% ↑ 2% ↓ 24%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

13

units

$668,000

UNDER CONTRACT

4

median price

units

$427,000

median price

*Active/Under Contract as of 01/24/2016

wardwight.com


9Washington.com


4 CaptainBailey.com


BRIELLE

SOLD

2016

units sold

median price avg days on market

2015

2016

44

67

$613,000

$645,000

112

86

↑ 52% ↑ 5% ↓ 23%

ACTIVE

33

units

$789,900

UNDER CONTRACT

12

units

$664,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

INTERLAKEN

SOLD

2016

units sold

median price avg days on market

2015

2016

19

15

$618,000

$660,000

125

115

↓ 21% ↑ 6% ↓ 8%

ACTIVE

3

units

$699,900

UNDER CONTRACT

2

units

$924,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

LAKE COMO

SOLD

2016

units sold

median price avg days on market

2015

2016

23

33

$345,000

$350,000

77

69

↑ 43% ↑ 1% ↓ 10%

ACTIVE

12

units

$429,450

UNDER CONTRACT

5

units

$409,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

MANASQUAN

SOLD

2016

units sold

median price avg days on market

2015

2016

79

81

$692,500

$580,000

95

84

↑ 2% ↓ 19% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

36

units

$747,500

UNDER CONTRACT

8

median price

units

$547,450

median price

*Active/Under Contract as of 01/24/2016

wardwight.com


NEPTUNE CITY

SOLD

2016

units sold

median price avg days on market

2015

2016

57

50

$202,000

$248,750

66

65

↓ 12% ↑ 23% ↓ 1%

ACTIVE

16

units

$289,450

UNDER CONTRACT

11

units

$249,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

NEPTUNE TOWNSHIP

SOLD

2016

units sold

median price avg days on market

2015

2016

275

334

$271,000

$281,250

86

69

↑ 21% ↑ 3% ↓ 19%

ACTIVE

112 $307,500

UNDER CONTRACT

64

median price

units

$245,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

units

median price

*Active/Under Contract as of 01/24/2016

OCEAN GROVE

SOLD

2016

units sold

median price avg days on market

2015

2016

58

60

$473,750

$491,250

96

63

↑ 3% ↑ 3% ↓ 34%

ACTIVE

22

units

$549,000

UNDER CONTRACT

6

units

$437,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

OCEAN TOWNSHIP

SOLD

2016

units sold

median price avg days on market

2015

2016

194

264

$362,000

$385,000

76

64

↑ 36% ↑ 6% ↓ 15%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

80

units

$566,950

UNDER CONTRACT

32

median price

units

$350,000

median price

*Active/Under Contract as of 01/24/2016

wardwight.com


19BroadwayOceanGrove.com


207SouthBlvd.com


SEA GIRT

SOLD

2016

units sold

median price avg days on market

2015

2016

48

47

$1,719,837

$1,650,000

77

108

↓ 2% ↓ 4% ↑ 40%

ACTIVE

29

units

$2,350,000

UNDER CONTRACT

4

units

$1,837,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

SPRING LAKE

SOLD

2016

units sold

median price avg days on market

2015

2016

70

66

$1,595,000

$1,765,000

102

101

↓ 5% ↑ 10% ↓ 0%

ACTIVE

35

units

$2,999,000

UNDER CONTRACT

8

units

$1,796,500

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

SPRING LAKE HEIGHTS

SOLD

2016

units sold

median price avg days on market

2015

2016

43

33

$455,000

$440,000

80

76

↓ 23% ↓ 3% ↓ 5%

ACTIVE

11

units

$499,000

UNDER CONTRACT

4

units

$482,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

median price

median price

*Active/Under Contract as of 01/24/2016

WALL

SOLD

2016

units sold

median price avg days on market

2015

2016

251

318

$445,000

$470,000

78

75

↑ 26% ↑ 5% ↓ 3%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-12/31/2016

2016 year-in-review

ACTIVE

112 $599,000

UNDER CONTRACT

42

units median price

units

$516,200

median price

*Active/Under Contract as of 01/24/2016

wardwight.com


wardwight.com

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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