MARKET REPORT IN & AROUND THE JERSEY SHORE
QUARTER
THREE 2 0 1 8
JUL-SEP 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 Three
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 | Q3
25
ON THE MARKET
11
$375,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
90
80
$300,000
70 $250,000
60 $200,000
50
$150,000
40 30
$100,000
20 $50,000
$0
10
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
asbury park | wardwight.com
2018
0
at a glance AVON-BY-THE-SEA | Q3
15
ON THE MARKET
4
$1,999,999
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $1,400,000
30
$1,200,000
25
$1,000,000
20 $800,000 15 $600,000 10 $400,000 5
$200,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | avon-by-the-sea
at a glance BAY HEAD | Q3
23
ON THE MARKET
3
$1,635,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $1,400,000
25
$1,200,000 20 $1,000,000 15
$800,000
$600,000
10
$400,000 5
$200,000
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
bay head | wardwight.com
2018
0
at a glance BELMAR | Q3
23
ON THE MARKET
14
$679,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
70
$700,000
60
$600,000
50
$500,000 40 $400,000 30 $300,000 20
$200,000
10
$100,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | belmar
at a glance BRADLEY BEACH | Q3
24
ON THE MARKET
14
$702,450
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $700,000
45
40
$600,000
35 $500,000
30 $400,000
25
$300,000
20 15
$200,000
10 $100,000
$0
5
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
bradley beach | wardwight.com
2018
0
at a glance BRICK | Q3
428
ON THE MARKET
172
$359,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
900
800
$300,000
700 $250,000
600 $200,000
500
$150,000
400 300
$100,000
200 $50,000
$0
100
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | brick
at a glance BRIELLE | Q3
30
ON THE MARKET
15
$762,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $700,000
60
$600,000
50
$500,000
40 $400,000 30 $300,000 20 $200,000 10
$100,000
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
brielle | wardwight.com
2018
0
at a glance INTERLAKEN | Q3
0
3
ON THE MARKET
N/A
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
as of 10/08/2018
as of 10/08/2018
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 1/1/2018-9/30/2018 Closed
wardwight.com | interlaken
at a glance LAKE COMO | Q3
8
ON THE MARKET
5
$503,500
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 35
$500,000 $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 1/1/2018-9/30/2018 Closed
lake como | wardwight.com
2018
0
at a glance LONG BRANCH| Q3
75
ON THE MARKET
29
$500,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $400,000
160
$350,000
140
$300,000
120
$250,000
100
$200,000
80
$150,000
60
$100,000
40
$50,000
20
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | long branch
at a glance MANASQUAN | Q3
43
ON THE MARKET
10
$834,900
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $800,000
80
$700,000
70
$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 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
manasquan | wardwight.com
2018
0
at a glance MANTOLOKING | Q3
31
ON THE MARKET
1
$4,100,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $3,500,000
25
$3,000,000 20 $2,500,000 15
$2,000,000
$1,500,000
10
$1,000,000 5
$500,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | mantoloking
at a glance NEPTUNE CITY | Q3
14
ON THE MARKET
10
$309,450
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $300,000
50 45
$250,000
40 35
$200,000
30 $150,000
25 20
$100,000
15 10
$50,000
5
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
neptune city | wardwight.com
2018
0
at a glance NEPTUNE TOWNSHIP | Q3
121
ON THE MARKET
67
$365,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
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 1/1/2018-9/30/2018 Closed
wardwight.com | neptune township
at a glance OCEAN GROVE (NEPTUNE) | Q3
33
12
ON THE MARKET
$749,000
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
as of 10/08/2018
as of 10/08/2018
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 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
ocean grove | wardwight.com
2018
0
at a glance OCEAN TOWNSHIP | Q3
110
50
ON THE MARKET
$599,000
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
as of 10/08/2018
as of 10/08/2018
Median Selling Price vs. Total Units Sold 250
$500,000 $450,000
200
$400,000 $350,000
150
$300,000 $250,000
100
$200,000 $150,000 $100,000
50
$50,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | ocean township
at a glance POINT PLEASANT | Q3
108
59
ON THE MARKET
$464,250
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
as of 10/08/2018
as of 10/08/2018
Median Selling Price vs. Total Units Sold 250
$450,000
$400,000 200
$350,000
$300,000 150 $250,000
$200,000 100 $150,000
$100,000
50
$50,000
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
point pleasant | wardwight.com
2018
0
at a glance POINT PLEASANT BEACH | Q3
62
11
ON THE MARKET
$839,450
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
as of 10/08/2018
as of 10/08/2018
Median Selling Price vs. Total Units Sold $700,000
80
$600,000
70 60
$500,000
50 $400,000 40 $300,000 30 $200,000
20
$100,000
$0
10
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | point pleasant beach
at a glance SEA GIRT | Q3
27
ON THE MARKET
8
$2,795,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $2,500,000
45
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 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
sea girt | wardwight.com
2018
0
at a glance SPRING LAKE | Q3
33
ON THE MARKET
10
$2,679,999
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $2,500,000
60
50
$2,000,000
40 $1,500,000 30 $1,000,000 20 $500,000
$0
10
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | spring lake
at a glance SPRING LAKE HEIGHTS | Q3
10
ON THE MARKET
6
$599,950
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $600,000
50 45
$500,000
40 35
$400,000
30 $300,000
25 20
$200,000
15 10
$100,000
5
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
spring lake heights | wardwight.com
2018
0
at a glance TOMS RIVER | Q3
752
ON THE MARKET
230
$399,900
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $350,000
1200
$300,000
1000
$250,000
800 $200,000 600 $150,000 400 $100,000 200
$50,000
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wardwight.com | toms river
at a glance WALL TOWNSHIP | Q3
128
ON THE MARKET
53
$597,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold $600,000
300
$500,000
250
$400,000
200
$300,000
150
$200,000
100
$100,000
50
$0
2015
2016 Total Units Sold
2017 Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 Closed
wall township | wardwight.com
2018
0
at a glance WEST LONG BRANCH | Q3
31
ON THE MARKET
18
$749,000
as of 10/08/2018
as of 10/08/2018
UNDER CONTRACT
as of 10/08/2018
MEDIAN LIST PRICE
Median Selling Price vs. Total Units Sold 90
$600,000
80 $500,000 70
$400,000
60 50
$300,000
40 $200,000
30
20 $100,000 10
$0
2015
2016 Total Units Sold
2017
2018
0
Median Selling Price
*MLS Single Family 1/1/2018-9/30/2018 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