The real estate market at the Jersey Shore is good! Get the latest Jersey Shore Real Estate Market Update for the first quarter of 2017, right here! This data contained below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the sales activity for 2017 for the Jersey Shore, and is listed by town.

Brielle Real Estate Market

Sixteen single family homes sold in Brielle in the first quarter of 2017, a 33% increase over the same period in 2016.  The average sales price is $699,686, showing a decrease of 19%.  The average days on the market was 132 and homes are selling for 11% less than list price.

Manasquan Real Estate Market

During the first quarter of 2017, nineteen single family homes sold in Manasquan, a 137% increase over the same period in 2016.  The average sales price for a single family home during this quarter was $866,949, a 27% increase as compared to 2016’s first quarter.  The average days on the market was 60 days and homes are selling for 5% less than list price.

Point Pleasant Real Estate Market

In the first quarter of 2017, sixty-one single family homes were sold in Pt. Pleasant, a 15% increase over the same period in 2016.  The average sales price of a single family home was $424,947, a 5% increase.  The average days on the maret was 121 and homes were selling for 5% less than list price.

Sea Girt Real Estate Market

During the first quarter of 2017, nine single family homes sold in Sea Girt, a 28% increase in sales over the same period in 2016. The average sales price was $1,538,944, a decrease of 25%.  The average days on the market was 70 days and homes were selling for 7% less than list price.

Spring Lake Real Estate Market

In the first quarter of 2017, fifteen homes sold in Spring Lake, a 28% decrease when compared to the same period in 2016.  The average sales price of a single family home dropped by 16% to $1,907,933 in the first quarter.  The average days on the market was 77 and homes were selling at 6% less than list price.