MARKET REPORT IN & AROUND THE JERSEY SHORE
one quarter
2 0 1 8
JAN-MAR 2018
ASBURY PARK AVON-BY-THE-SEA BAY HEAD BELMAR BRADLEY BEACH BRICK BRIELLE INTERLAKEN LAKE COMO
LONG BRAN
MANA
M
“How’s the Market?” Jersey Shore Market Update for 2018 Quarter One
NCH
ASQUAN
MANTOLOKING NEPTUNE CITY NEPTUNE TOWNSHIP OCEAN GROVE OCEAN TOWNSHIP POINT PLEASANT POINT PLEASANT BEACH SEA GIRT SPRING LAKE SPRING LAKE HEIGHTS TOMS RIVER WALL TOWNSHIP WEST LONG BRANCH
at a glance ASBURY PARK | Q1
16
ON THE MARKET
20
$337,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $450,000
30
$400,000 25
$350,000 $300,000
20
$250,000 15 $200,000
$150,000
10
$100,000 5 $50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
asbury park | wardwight.com
2018
0
at a glance AVON-BY-THE-SEA | Q1
15
ON THE MARKET
8
$1,349,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 7
$1,800,000 $1,600,000
6
$1,400,000 5 $1,200,000 $1,000,000
4
$800,000
3
$600,000 2 $400,000 1
$200,000 $0
2015
2016
2017
Total Units Sold
Median Selling Price
2018
0
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | avon-by-the-sea
at a glance BAY HEAD | Q1
21
ON THE MARKET
6
$1,995,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $1,400,000
6
$1,200,000
5
$1,000,000 4 $800,000 3 $600,000
2 $400,000 1
$200,000
$0
2015
2016
2017
Total Units Sold
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
bay head | wardwight.com
2018
0
at a glance BELMAR | Q1
26
ON THE MARKET
18
$1,042,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
16
$700,000
14
$600,000
12
$500,000
10
$400,000
8
$300,000
6
$200,000
4
$100,000
2
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | belmar
at a glance BRADLEY BEACH | Q1
23
ON THE MARKET
6
$776,800
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 12
$800,000 $700,000
10
$600,000 8
$500,000
6
$400,000 $300,000
4
$200,000 2
$100,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
bradley beach | wardwight.com
2018
0
at a glance BRICK | Q1
394
ON THE MARKET
203
$350,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 200
$300,000
180 $250,000
160 140
$200,000
120 100
$150,000
80
$100,000
60 40
$50,000
20 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | brick
at a glance BRIELLE | Q1
29
ON THE MARKET
16
$875,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
18
$700,000
16
14
$600,000
12
$500,000
10 $400,000 8 $300,000
6
$200,000
4
$100,000 $0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
brielle | wardwight.com
2018
0
at a glance INTERLAKEN | Q1
3
ON THE MARKET
5
$1,750,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $1,000,000
6
$900,000 5
$800,000 $700,000
4
$600,000 $500,000
3
$400,000
2
$300,000 $200,000
1
$100,000 $0
2015
2016
2017
Total Units Sold
Median Selling Price
2018
0
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | interlaken
at a glance LAKE COMO | Q1
13
ON THE MARKET
9
$465,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $450,000
12
$400,000 10
$350,000 $300,000
8
$250,000 6 $200,000
$150,000
4
$100,000 2 $50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
lake como | wardwight.com
2018
0
at a glance LONG BRANCH| Q1
57
ON THE MARKET
31
$549,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $400,000
40
$350,000
35
$300,000
30
$250,000
25
$200,000
20
$150,000
15
$100,000
10
$50,000
5
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | long branch
at a glance MANASQUAN | Q1
25
ON THE MARKET
22
$855,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 25
$800,000 $700,000
20 $600,000 $500,000
15
$400,000 10
$300,000 $200,000
5 $100,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
manasquan | wardwight.com
2018
0
at a glance MANTOLOKING | Q1
16
ON THE MARKET
6
$4,650,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $3,000,000
6
$2,500,000
5
$2,000,000
4
$1,500,000
3
$1,000,000
2
$500,000
1
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | mantoloking
at a glance NEPTUNE CITY | Q1
17
ON THE MARKET
5
$339,900
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 14
$300,000
12
$250,000
10 $200,000 8 $150,000 6
$100,000 4 $50,000
$0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
neptune city | wardwight.com
2018
0
at a glance NEPTUNE TOWNSHIP | Q1
93
ON THE MARKET
85
$335,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 100
$300,000
90 $250,000
80 70
$200,000
60 50
$150,000
40
$100,000
30 20
$50,000
10 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | neptune township
at a glance OCEAN GROVE (NEPTUNE) | Q1
29
12
ON THE MARKET
$849,900
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
as of 04/13/2018
as of 04/13/2018
Median Selling Price vs. Total Units Sold $600,000
14
12
$500,000
10 $400,000 8 $300,000 6 $200,000 4
$100,000
$0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
ocean grove | wardwight.com
2018
0
at a glance OCEAN TOWNSHIP | Q1
63
59
ON THE MARKET
$649,000
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
as of 04/13/2018
as of 04/13/2018
Median Selling Price vs. Total Units Sold $500,000
60
$450,000 50
$400,000 $350,000
40
$300,000 $250,000
30
$200,000
20
$150,000 $100,000
10
$50,000 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | ocean township
at a glance POINT PLEASANT | Q1
91
41
ON THE MARKET
$599,900
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
as of 04/13/2018
as of 04/13/2018
Median Selling Price vs. Total Units Sold 70
$450,000 $400,000
60
$350,000 50 $300,000 $250,000
40
$200,000
30
$150,000 20 $100,000 10
$50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
point pleasant | wardwight.com
2018
0
at a glance POINT PLEASANT BEACH | Q1
47
21
ON THE MARKET
$769,900
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
as of 04/13/2018
as of 04/13/2018
Median Selling Price vs. Total Units Sold $600,000
16 14
$500,000
12 $400,000
10
$300,000
8 6
$200,000
4 $100,000
$0
2
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | point pleasant beach
at a glance SEA GIRT | Q1
15
ON THE MARKET
15
$2,695,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 14
$3,000,000
12
$2,500,000
10 $2,000,000 8 $1,500,000 6
$1,000,000 4 $500,000
$0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
sea girt | wardwight.com
2018
0
at a glance SPRING LAKE | Q1
42
ON THE MARKET
11
$2,289,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $2,500,000
25
$2,000,000
20
$1,500,000
15
$1,000,000
10
5
$500,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | spring lake
at a glance SPRING LAKE HEIGHTS | Q1
13
ON THE MARKET
10
$525,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 14
$600,000
12
$500,000
10 $400,000 8 $300,000 6
$200,000 4 $100,000
$0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
spring lake heights | wardwight.com
2018
0
at a glance TOMS RIVER | Q1
600
ON THE MARKET
290
$429,129
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
300
$300,000
250
$250,000 200 $200,000 150 $150,000
100 $100,000 50
$50,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | toms river
at a glance WALL TOWNSHIP | Q1
94
ON THE MARKET
67
$579,900
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 70
$600,000
60
$500,000
50 $400,000 40 $300,000 30
$200,000 20 $100,000
$0
10
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wall township | wardwight.com
2018
0
at a glance WEST LONG BRANCH | Q1
26
ON THE MARKET
25
$499,000
as of 04/13/2018
as of 04/13/2018
UNDER CONTRACT
as of 04/13/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $700,000
25
$600,000
20 $500,000 15
$400,000
$300,000
10
$200,000 5 $100,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-3/31/2018 Closed
wardwight.com | west long branch
OUR REACH IS GLOBAL OUR EXPERTISE IS LOCAL.
wardwight.com BELMAR 732.681.0027
MANASQUAN 732.223.2266
SEA GIRT 732.449.5959
SPRING LAKE 732.449.3322