QUARTER tHREE 2016 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
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
57
64
$285,000
$250,000
105
80
↑ 12% ↓ 14% ↓ 23%
ACTIVE
16
units
$187,500
UNDER CONTRACT
13
units
$310,000
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
AVON-BY-THE-SEA
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
19
23
$995,000
$995,000
104
99
↑ 21% - 0% ↓ 4%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER tHREE 2016
ACTIVE
16
units
$1,324,500
UNDER CONTRACT
6
median price
units
$1,059,000
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
BELMAR
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
47
46
$555,000
$642,500
124
83
↓ 2% ↑ 15% ↓ 33%
ACTIVE
34
units
$699,000
UNDER CONTRACT
9
units
$899,000
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
BRADLEY BEACH
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
43
33
$522,500
$545,000
84
74
↓ 23% ↑ 4% ↓ 11%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
14
units
$634,950
UNDER CONTRACT
7
median price
units
$429,000
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
BRIELLE
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
37
49
$589,000
$642,500
108
92
↑ 32% ↑ 9% ↓ 14%
ACTIVE
44 $749,450
UNDER CONTRACT
17
median price
units
$759,500
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
units
median price
*Active/Under Contract as of 10/25/2016
INTERLAKEN
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
12
14
$600,000
$693,500
118
114
↑ 16% ↑ 15% ↓ 3%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
9
units
$899,000
UNDER CONTRACT
0 -
median price
units median price *Active/Under Contract as of 10/25/2016
wardwight.com
LAKE COMO
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
18
25
$362,500
$365,000
77
64
↑ 38% ↑ 0% ↓ 16%
ACTIVE
11
units
$299,000
UNDER CONTRACT
7
units
$269,000
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
MANASQUAN
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
65
59
$690,000
$639,900
89
81
↓ 9% ↓ 7% ↓ 8%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
50 $699,000
UNDER CONTRACT
16
units median price
units
$574,500
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
NEPTUNE CITY
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
47
43
$202,000
$247,500
64
66
↓ 8% ↑ 22% ↑ 3%
ACTIVE
16
units
$284,000
UNDER CONTRACT
9
units
$249,900
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
NEPTUNE TOWNSHIP
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
217
259
$270,000
$282,500
89
68
↑ 19% ↑ 4% ↓ 23%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
UNDER CONTRACT
130
units
$321,950
median price
69
units
$249,999
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
OCEAN GROVE
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
46
50
$462,500
$482,500
97
65
↑ 8% ↑ 4% ↓ 32%
ACTIVE
24
units
$694,000
UNDER CONTRACT
5
units
$549,000
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
OCEAN TOWNSHIP
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
149
201
$365,000
$395,000
75
65
↑ 34% ↑ 8% ↓ 13%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
107 $519,000
UNDER CONTRACT
56
units median price
units
$374,500
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
SEA GIRT
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
40
39
$1,632,000
$1,649,000
70
107
↓ 2% ↑ 1% ↑ 52%
ACTIVE
29
units
$2,349,000
UNDER CONTRACT
9
units
$2,199,000
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
SPRING LAKE
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
58
54
$1,787,500
$1,947,500
104
104
↓ 6% ↑ 8% - 0%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
45
units
$2,299,000
UNDER CONTRACT
14
median price
units
$1,523,500
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
SPRING LAKE HEIGHTS
SOLD
JAN 16 - YTD
units sold
median price avg days on market
2015
2016
33
29
$455,000
$440,000
73
77
↓ 12% ↓ 3% ↑ 5%
ACTIVE
16
units
$580,000
UNDER CONTRACT
4
units
$474,450
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
median price
median price
*Active/Under Contract as of 10/25/2016
WALL
SOLD
JAN 16 - YTD units sold
median price avg days on market
2015
2016
195
263
$450,000
$465,000
80
73
↑ 34% ↑ 3% ↓ 8%
*Monmouth MLS Single Family. Closed Sales 01/01/2016-10/25/2016
QUARTER three 2016
ACTIVE
UNDER CONTRACT
160
units
$627,000
median price
45
units
$574,900
median price
*Active/Under Contract as of 10/25/2016
wardwight.com
wardwight.com
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