2017 Quarter Two Market Report

Page 1

40InletTer.com

2017 QUARTER TWO 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

Q2

units sold

median price avg days on market

2016

2017

39

47

$247,500

$363,000

94

30

↑ 20% ↑ 46% ↓ 68%

ACTIVE

36

units

$332,450

UNDER CONTRACT

20

units

$289,500

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

AVON-BY-THE-SEA

SOLD

Q2

units sold

median price avg days on market

2016

2017

10

12

$770,000

$1,007,000

92

105

↑ 20% ↑ 30% ↑ 14%

ACTIVE

9

units

$1,495,000

UNDER CONTRACT

5

median price

units

$1,195,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

*Active/Under Contract as of 07/27/2017

BELMAR

SOLD

Q2

units sold

median price avg days on market

2016

2017

32

36

$713,500

$555,500

95

154

↑ 12% ↓ 28% ↑ 62%

ACTIVE

35

units

$750,000

UNDER CONTRACT

11

units

$699,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

BRADLEY BEACH

SOLD

Q2

units sold

median price avg days on market

2016

2017

27

15

$625,000

$638,500

74

44

↓ 44% ↑ 2% ↓ 40%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

13

units

$639,000

UNDER CONTRACT

9

median price

units

$750,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com


1306Third.com


11WatersEdge.com


BRIELLE

SOLD

Q2

units sold

median price avg days on market

2016

2017

28

34

$629,500

$678,250

111

85

↑ 21% ↑ 7% ↓ 23%

ACTIVE

34

units

$749,450

UNDER CONTRACT

13

units

$699,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

INTERLAKEN

SOLD

Q2

units sold

median price avg days on market

2016

2017

9

12

$620,000

$590,500

138

55

↑ 33% ↓ 4% ↓ 60%

ACTIVE

4

units

$1,024,995

UNDER CONTRACT

2

units

$809,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

LAKE COMO

SOLD

Q2

units sold

median price avg days on market

2016

2017

13

19

$350,000

$432,000

66

54

↑ 46% ↑ 23% ↓ 18%

ACTIVE

21

units

$469,900

UNDER CONTRACT

7

units

$379,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

MANASQUAN

SOLD

Q2

units sold

median price avg days on market

2016

2017

31

50

$639,900

$655,750

115

94

↑ 61% ↑ 2% ↓ 18%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

32

units

$716,000

UNDER CONTRACT

11

median price

units

$675,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com


NEPTUNE CITY

SOLD

Q2

units sold

median price avg days on market

2016

2017

27

29

$233,500

$255,000

75

48

↑ 7% ↑ 9% ↓ 36%

ACTIVE

11

units

$295,295

UNDER CONTRACT

9

units

$265,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

NEPTUNE TOWNSHIP

SOLD

Q2

units sold

median price avg days on market

2016

2017

158

164

$277,000

$280,000

81

56

↑ 3% ↑ 1% ↓ 30%

ACTIVE

125 $319,000

UNDER CONTRACT

84

median price

units

$273,500

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

units

median price

*Active/Under Contract as of 07/27/2017

OCEAN GROVE

SOLD

Q2

units sold

median price avg days on market

2016

2017

28

26

$485,750

$496,500

71

48

↓ 7% ↑ 2% ↓ 32%

ACTIVE

24

units

$714,000

UNDER CONTRACT

14

units

$425,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

OCEAN TOWNSHIP

SOLD

Q2

units sold

median price avg days on market

2016

2017

119

134

$400,000

$405,000

67

59

↑ 12% ↑ 1% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER ONE

ACTIVE

83

units

$599,000

UNDER CONTRACT

67

median price

units

$432,000

median price

*Active/Under Contract as of 07/27/2017

wardwight.com


80Driftwood.com


1Maryland.com


SEA GIRT

SOLD

Q2

units sold

median price avg days on market

2016

2017

18

26

$1,681,000

$1,737,500

103

81

↑ 44% ↑ 3% ↓ 21%

ACTIVE

22

units

$2,199,000

UNDER CONTRACT

8

units

$2,474,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

SPRING LAKE

SOLD

Q2

units sold

median price avg days on market

2016

2017

40

36

$1,996,250

$1,857,500

100

92

↓ 10% ↓ 7% ↓ 8%

ACTIVE

30

units

$2,814,500

UNDER CONTRACT

13

units

$1,599,000

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

SPRING LAKE HEIGHTS

SOLD

Q2

units sold

median price avg days on market

2016

2017

14

25

$390,000

$465,000

93

70

↑ 78% ↑ 19% ↓ 24%

ACTIVE

13

units

$671,000

UNDER CONTRACT

5

units

$439,900

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

median price

median price

*Active/Under Contract as of 07/27/2017

WALL

SOLD

Q2

units sold

median price avg days on market

2016

2017

141

149

$450,000

$490,000

86

76

↑ 5% ↑ 8% ↓ 11%

*Monmouth MLS Single Family. Closed Sales 01/01/2017-06/30/2017

2017 QUARTER TWO

ACTIVE

143 $699,000

UNDER CONTRACT

74

units median price

units

$537,750

median price

*Active/Under Contract as of 07/27/2017

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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