2017 Quarter One Market Report

Page 1

62Marcellus.com

2017 QUARTER ONE 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

Q1

2016

2017

15

18

$180,000

$381,500

76

31

units sold

median price avg days on market

↑ 20% ↑ 111% ↓ 59%

ACTIVE

28

units

$205,000

UNDER CONTRACT

22

units

$165,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

AVON-BY-THE-SEA

SOLD

Q1

2016

2017

3

5

$760,000

$730,000

128

99

units sold

median price avg days on market

SOLD

Q1

2016

2017

11

14

$677,000

$493,000

125

89

units sold

avg days on market

↑ 27% ↓ 37% ↓ 28%

UNDER CONTRACT

8

median price

units

$1,222,000

median price

*Active/Under Contract as of 05/0

ACTIVE

39

units

$699,900

UNDER CONTRACT

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

units

$1,499,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

BELMAR

median price

↑ 66% ↓ 4% ↓ 22%

9

ACTIVE

15

median price

units

$825,000

median price

*Active/Under Contract as of 05/08/2017

BRADLEY BEACH

SOLD

Q1

2017 QUARTER ONE

units sold

median price avg days on market

2016

2017

11

4

$480,000

$717,500

115

20

↓ 63% ↑ 49% ↓ 82%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

ACTIVE

14 $682,000

UNDER CONTRACT

10

units median price

units

$564,450 median price *Active/Under Contract as of 05/0 wardwight.com


2531Chalet.com


2102RedGate.com


BRIELLE

SOLD

Q1

units sold

median price avg days on market

2016

2017

12

16

$713,750

$606,250

104

132

↑ 33% ↓ 17% ↑ 26%

ACTIVE

35

units

$769,000

UNDER CONTRACT

16

units

$709,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

INTERLAKEN

SOLD

Q1

units sold

median price avg days on market

2016

2017

2

5

$861,000

$580,000

123

60

↑ 150% ↓ 48% ↓ 51%

ACTIVE

8

units

$812,000

UNDER CONTRACT

1

units

$869,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

LAKE COMO

SOLD

Q1

units sold

median price avg days on market

2016

2017

4

10

$257,500

$372,500

90

79

↑ 150% ↑ 44% ↓ 12%

ACTIVE

16

units

$464,000

UNDER CONTRACT

8

units

$367,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

MANASQUAN

SOLD

Q1

units sold

median price avg days on market

2016

2017

8

20

$679,000

$684,500

74

58

↑ 150% ↑ 0% ↓ 21%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

2017 QUARTER ONE

ACTIVE

38

units

$720,000

UNDER CONTRACT

13

median price

units

$750,000

median price

*Active/Under Contract as of 05/08/2017

wardwight.com


NEPTUNE CITY

SOLD

Q1

units sold

median price avg days on market

2016

2017

13

10

$230,000

$263,750

81

66

↓ 23% ↑ 14% ↓ 18%

ACTIVE

11

units

$279,000

UNDER CONTRACT

15

units

$200,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

NEPTUNE TOWNSHIP

SOLD

Q1

units sold

median price avg days on market

2016

2017

74

86

$259,000

$277,500

97

49

↑ 16% ↑ 7% ↓ 49%

ACTIVE

128 $338,450

UNDER CONTRACT

77

median price

units

$249,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

units

median price

*Active/Under Contract as of 05/08/2017

OCEAN GROVE

SOLD

Q1

units sold

median price avg days on market

2016

2017

12

10

$400,000

$531,000

110

37

↓ 16% ↑ 32% ↓ 66%

ACTIVE

30

units

$672,000

UNDER CONTRACT

13

units

$499,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

OCEAN TOWNSHIP

SOLD

Q1

units sold

median price avg days on market

2016

2017

48

51

$354,950

$379,000

68

62

↑ 6% ↑ 6% ↓ 8%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

2017 QUARTER ONE

ACTIVE

85

units

$573,000

UNDER CONTRACT

49

median price

units

$439,900

median price

*Active/Under Contract as of 05/08/2017

wardwight.com


89BayPtHarbour.com


17Central.com


SEA GIRT

SOLD

Q1

units sold

median price avg days on market

2016

2017

7

9

$2,550,000

$1,625,000

137

70

↑ 28% ↓ 56% ↓ 48%

ACTIVE

18

units

$2,347,000

UNDER CONTRACT

10

units

$1,785,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

SPRING LAKE

SOLD

Q1

units sold

median price avg days on market

2016

2017

21

15

$2,000,000

$1,775,000

106

77

↓ 28% ↓ 12% ↓ 27%

ACTIVE

43

units

$2,750,000

UNDER CONTRACT

9

units

$2,120,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

SPRING LAKE HEIGHTS

SOLD

Q1

units sold

median price avg days on market

2016

2017

4

11

$372,500

$498,000

116

65

↑ 175% ↑ 33% ↓ 43%

ACTIVE

8

units

$729,000

UNDER CONTRACT

5

units

$644,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

median price

median price

*Active/Under Contract as of 05/08/2017

WALL

SOLD

Q1

units sold

median price avg days on market

2016

2017

55

64

$425,000

$485,000

97

93

↑ 16% ↑ 14% ↓ 4%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-03/31/2017

2017 QUARTER ONE

ACTIVE

UNDER CONTRACT

140

units

$666,950

median price

62

units

$464,450

median price

*Active/Under Contract as of 05/08/2017

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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