Quarter Two 2016 Market Report | Coastal Jersey Living

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QUARTER two 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

29

44

$260,000

$236,750

117

87

↑ 51% ↓ 9% ↓ 25%

ACTIVE

22

units

$262,000

UNDER CONTRACT

12

units

$279,950

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

AVON-BY-THE-SEA

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

8

13

$904,638

$900,000

88

73

↑ 62% ↓ 0% ↓ 17%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

22

units

$1,399,000

UNDER CONTRACT

6

median price

units

$1,174,500

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


BELMAR

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

33

$463,000

$677,000

138

92

↑ 13% ↑ 46% ↓ 33%

ACTIVE

39

units

$699,900

UNDER CONTRACT

10

units

$524,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

BRADLEY BEACH

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

27

$470,000

$625,000

99

74

↓ 6% ↑ 32% ↓ 25%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

13

units

$695,000

UNDER CONTRACT

7

median price

units

$599,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


BRIELLE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

20

30

$607,000

$629,500

139

114

↑ 50% ↑ 3% ↓ 17%

ACTIVE

40 $799,450

UNDER CONTRACT

19

median price

units

$625,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

units

median price

*Active/Under Contract as of 07/14/2016

INTERLAKEN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

9

9

$550,000

$620,000

145

138

- 0% ↑ 12% ↓ 4%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

6

units

$869,450

UNDER CONTRACT

3

median price

units

$950,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


LAKE COMO

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

12

14

$387,500

$357,750

91

62

↑ 16% ↓ 8% ↓ 31%

ACTIVE

22

units

$459,000

UNDER CONTRACT

6

units

$277,450

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

MANASQUAN

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

38

34

$657,500

$639,950

87

109

↓ 10% ↓ 2% ↑ 25%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

58

units

$662,500

UNDER CONTRACT

15

median price

units

$569,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


NEPTUNE CITY

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

25

27

$219,000

$233,500

57

75

↑ 8% ↑ 6% ↑ 31%

ACTIVE

13

units

$299,000

UNDER CONTRACT

12

units

$254,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

NEPTUNE TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

127

167

$273,000

$279,900

90

79

↑ 31% ↑ 2% ↓ 12%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

151 $299,900

UNDER CONTRACT

75

units median price

units

$304,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


OCEAN GROVE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

29

30

$455,000

$492,000

110

71

↑ 3% ↑ 8% ↓ 35%

ACTIVE

33

units

$694,999

UNDER CONTRACT

15

units

$399,900

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

OCEAN TOWNSHIP

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

94

124

$350,000

$400,000

77

65

↑ 31% ↑ 14% ↓ 15%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

126 $499,000

UNDER CONTRACT

52

units median price

units

$397,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


SEA GIRT

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

24

20

$1,632,000

$1,617,000

74

98

↓ 16% ↓ 0% ↑ 32%

ACTIVE

31

units

$2,549,000

UNDER CONTRACT

12

units

$1,824,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

SPRING LAKE

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

37

40

$1,720,000

$1,996,250

97

100

↑ 8% ↑ 16% ↑ 3%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

42

units

$2,037,500

UNDER CONTRACT

9

median price

units

$1,975,000

median price

*Active/Under Contract as of 07/14/2016

wardwight.com


SPRING LAKE HEIGHTS

SOLD

JAN 16 - YTD

units sold

median price avg days on market

2015

2016

22

15

$455,000

$410,000

84

90

↓ 31% ↓ 10% ↑ 7%

ACTIVE

15

units

$549,900

UNDER CONTRACT

9

units

$525,000

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

median price

median price

*Active/Under Contract as of 07/14/2016

WALL

SOLD

JAN 16 - YTD units sold

median price avg days on market

2015

2016

115

154

$449,000

$457,150

91

82

↑ 33% ↑ 1% ↓ 9%

*Monmouth MLS Single Family. Closed Sales 01/01/2016-07/14/2016

QUARTER two 2016

ACTIVE

184 $639,900

UNDER CONTRACT

72

units median price

units

$472,450

median price

*Active/Under Contract as of 07/14/2016

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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