MARKET REPORT IN & AROUND THE JERSEY SHORE
two QUARTER
2 0 1 8
APR-JUN 2018
ASBURY PARK AVON-BY-THE-SEA BAY HEAD BELMAR BRADLEY BEACH BRICK BRIELLE INTERLAKEN LAKE COMO
LONG BRA
MAN
“How’s the Market?” Jersey Shore Market Update for 2018 Quarter Two
ANCH
NASQUAN 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 | Q2
32
ON THE MARKET
15
$380,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $400,000
60
$350,000 50 $300,000 40 $250,000 $200,000
30
$150,000 20
$100,000 10 $50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
asbury park | wardwight.com
2018
0
at a glance AVON-BY-THE-SEA | Q2
15
ON THE MARKET
4
$2,199,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 18
$1,200,000
16
$1,000,000 14 $800,000
12 10
$600,000 8 $400,000
6 4
$200,000 2 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | avon-by-the-sea
at a glance BAY HEAD | Q2
20
ON THE MARKET
5
$1,724,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $1,400,000
16
$1,200,000
14 12
$1,000,000 10
$800,000 8 $600,000 6 $400,000
4 $200,000
$0
2
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
bay head | wardwight.com
2018
0
at a glance BELMAR | Q2
27
ON THE MARKET
14
$799,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
40
$700,000
35
$600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | belmar
at a glance BRADLEY BEACH | Q2
28
ON THE MARKET
8
$714,650
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $700,000
30
$600,000
25
$500,000 20
$400,000 15 $300,000 10 $200,000 5
$100,000
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
bradley beach | wardwight.com
2018
0
at a glance BRICK | Q2
434
ON THE MARKET
219
$369,900
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
600
$300,000
500
$250,000 400
$200,000 300 $150,000 200 $100,000 100
$50,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | brick
at a glance BRIELLE | Q2
38
ON THE MARKET
17
$799,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
40
$700,000
35
$600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
brielle | wardwight.com
2018
0
at a glance INTERLAKEN | Q2
1
ON THE MARKET
0
$759,900
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $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 1/1/2018-6/30/2018 Closed
wardwight.com | interlaken
at a glance LAKE COMO | Q2
7
ON THE MARKET
7
$399,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 30
$500,000 $450,000
25
$400,000 $350,000
20
$300,000 $250,000
15
$200,000 10
$150,000 $100,000
5
$50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
lake como | wardwight.com
2018
0
at a glance LONG BRANCH| Q2
83
ON THE MARKET
30
$499,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $400,000
100 90
$350,000
80 $300,000 70 $250,000
60
$200,000
50 40
$150,000
30
$100,000 20 $50,000 $0
10
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | long branch
at a glance MANASQUAN | Q2
28
ON THE MARKET
17
$854,500
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
60
$700,000 50 $600,000 40 $500,000 $400,000
30
$300,000 20
$200,000 10 $100,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
manasquan | wardwight.com
2018
0
at a glance MANTOLOKING | Q2
23
ON THE MARKET
2
$4,100,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $4,500,000
14
$4,000,000
12
$3,500,000
10 $3,000,000 $2,500,000
8
$2,000,000
6
$1,500,000 4 $1,000,000 2
$500,000 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | mantoloking
at a glance NEPTUNE CITY | Q2
14
ON THE MARKET
14
$327,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 35
$300,000
30
$250,000
25 $200,000
20 $150,000 15 $100,000 10 $50,000
$0
5
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
neptune city | wardwight.com
2018
0
at a glance NEPTUNE TOWNSHIP | Q2
116
ON THE MARKET
64
$402,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 180
$350,000
160
$300,000
140
$250,000 120
$200,000
100
$150,000
80 60
$100,000 40 $50,000
$0
20
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | neptune township
at a glance OCEAN GROVE (NEPTUNE) | Q2
35
8
ON THE MARKET
$899,000
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
as of 07/09/2018
as of 07/09/2018
Median Selling Price vs. Total Units Sold $600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
ocean grove | wardwight.com
2018
0
at a glance OCEAN TOWNSHIP | Q2
99
58
ON THE MARKET
$539,900
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
as of 07/09/2018
as of 07/09/2018
Median Selling Price vs. Total Units Sold 180
$350,000
160
$300,000
140
$250,000 120
$200,000
100
$150,000
80 60
$100,000 40 $50,000
$0
20
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | ocean township
at a glance POINT PLEASANT | Q2
115
47
ON THE MARKET
$569,900
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
as of 07/09/2018
as of 07/09/2018
Median Selling Price vs. Total Units Sold $450,000
160
$400,000
140
$350,000
120
$300,000 100 $250,000 80 $200,000 60 $150,000
40
$100,000
20
$50,000 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
point pleasant | wardwight.com
2018
0
at a glance POINT PLEASANT BEACH | Q2
55
12
ON THE MARKET
$867,000
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
as of 07/09/2018
as of 07/09/2018
Median Selling Price vs. Total Units Sold $600,000
60
$500,000
50
$400,000
40
$300,000
30
$200,000
20
$100,000
10
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | point pleasant beach
at a glance SEA GIRT | Q2
22
ON THE MARKET
6
$2,742,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $2,500,000
30
25
$2,000,000
20 $1,500,000 15 $1,000,000 10
$500,000
$0
5
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
sea girt | wardwight.com
2018
0
at a glance SPRING LAKE | Q2
39
ON THE MARKET
9
$3,299,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 45
$2,500,000
40 $2,000,000
35 30
$1,500,000 25 20 $1,000,000 15 10
$500,000
5 $0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | spring lake
at a glance SPRING LAKE HEIGHTS | Q2
17
ON THE MARKET
9
$599,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $600,000
30
$500,000
25
$400,000
20
$300,000
15
$200,000
10
$100,000
5
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
spring lake heights | wardwight.com
2018
0
at a glance TOMS RIVER | Q2
720
ON THE MARKET
298
$389,950
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
800
$300,000
700 600
$250,000 500
$200,000 400 $150,000 300 $100,000
200 $50,000
$0
100
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wardwight.com | toms river
at a glance WALL TOWNSHIP | Q2
137
ON THE MARKET
58
$579,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 180
$600,000
160
$500,000 140 $400,000
120 100
$300,000 80 $200,000
60 40
$100,000 20 $0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 Closed
wall township | wardwight.com
2018
0
at a glance WEST LONG BRANCH | Q2
25
ON THE MARKET
20
$699,000
as of 07/09/2018
as of 07/09/2018
UNDER CONTRACT
as of 07/09/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $600,000
60
$500,000
50
$400,000
40
$300,000
30
$200,000
20
$100,000
10
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-6/30/2018 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