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
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