REAL ESTATE MARKET UPDATE IN BRIELLE, NJ

Get the latest real estate market update in Brielle, NJ right here!  This data contained, below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the recent sales activity in the beautiful town of Brielle, NJ.

When buying a home, local market data and Realtor expertise make ALL the difference. We update the local market data quarterly here, so check back frequently. If there’s a town not listed here that you would like market data for, email homes@theconnollyagency.com or give us a call.

The data below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of recent sales activity in Brielle, NJ.

For a comprehensive real estate market update in Brielle, NJ, contact our NJ Shore Real Estate experts at The Connolly Agency. We look forward to hearing from you. 732-361-0800

2021 Vs 2022 Yearly End Market Update

In 2022, 48 single homes were sold, which was a decrease from 77 homes in 2021. The total sales volume for sold Single Family homes in Brielle in 2022 decreased by 35%. The average sales price was $1,368,502, an increase of 4% from 2021.The homes were on the market an average of 36 days and sold for 96% of the listing price.

2020 vs 2021 Annual Market Update

In the year of 2021, 77 single family homes sold in Brielle, up 18.46% from 2020. The average sales price was $1,273,919, up 55.60% from 2020, and the average days on the market were 31 vs 56 days in 2020. Homes sold for 97% of the listing price vs 96% in 2020. Overall, the real estate volume is $98,091,826 up 55.60% compared to last year.

Fourth Quarter 2020 vs 2021

In the fourth quarter of 2021, 17 single family homes sold in Brielle, down 119.05% from 2020. The average sales price was $1,525,325, up 74.44% from 2020, and the average days on the market were 33 vs 49 days in 2020. Homes sold for 96%, on par with 2020.

2020 Year End Summary

In 2020, 67 single family homes were sold, up 1 from 2019. The average home price was $814,724 which was about $100,000 above the sales price in 2019, which is an increase of 13 %. The homes were on the market an average of 54 days and sold for 96% of the listing price.

Second Quarter 2020

During the second quarter of 2020, 12 single family homes sold with an average sale price of $681,550. This is a 2% increase in average sales price when compared with 2019. Current statistics show homes averaging of 65 days on the market.

First Quarter 2020

11 single family homes sold during the first quarter of 2020 with an average sale price of $677,740. This is a 5% increase in the average sales price as compared with the same quarter in 2019. Homes are listed for an average of 70 days on the market.

2019 Year End Summary

In 2019, 66 homes were sold, down 10% from 2018. The average home price was $718,180 which was about the same as 2018. The homes were on the market an average of 78 days, and sold for 93% of the listing price.

Third Quarter 2019

19 single family homes sold during the third quarter of 2019 with an average sale price of $747,975. This is a 3% increase in the average sales price as compared with the same quarter in 2018. Homes are listed for an average of 88 days on the market and are selling at 9% below list prices.

First Quarter 2019

In the first quarter of 2019, 9 single family homes have been sold, for an average price of $733,961, a 9% increase from last year’s first quarter. The homes sold for 93% of the listing price, and the average days on market was 43 days.

2018 Year End Summary

For 2018, 73 single family homes were sold, for an average of $718,976, or a 2% increase over 2017. The homes were on the market for an average of 64 days, and sold for 5% less than the listing price.

Third Quarter 2018

The most recent data for 2018 shows that 21 single family homes were sold in Brielle this quarter, for an average price of $705,432. The homes sold for 96% of the listing price, and the average days on the market was 74 days, an increase from the second quarter.

Second Quarter 2018

The most recent data for 2018 shows that 21 single family homes were sold in Brielle this quarter, for an average price of $728,966. The homes sold for 96% of the listing price, and the average days on the market was 56 days, a significant drop from last year.

First Quarter 2018

The most recent data for 2018 shows that 12 single family homes were sold in Brielle this year, for an average price of $720,100. The homes sold for 93% of the listing price, and the average days on the market was 73 days, a significant drop from last year.

2017 Overall

In 2017, 66 single family homes were sold in Brielle, for an average price of $704,511, a 5% decrease from last year. The homes sold for 5% less than listing price, and stayed on the market for an average of 76 days, decreasing from 86 in 2016 and 112 in 2015.

Third Quarter 2017

In the third quarter of 2017, 20 single family homes were sold, averaging $623,239 per sale, down 17% from the third quarter of 2016. The homes generally sold for 95% of the listing price, with the days on the market being 70 days.

Second Quarter 2017

The most recent data for the second quarter of 2017 shows that the average sale price for a single family home in Brielle, NJ was $820,942 which represents a 37% increase in sales price over the same quarter in 2016, where the average sale price was $599,821. A total of 18 homes were sold in 2017 verses 16 homes in 2016.  Days on the market decreased from 116 in 2016 to 43 in 2017.  Homes in 2017 are selling on average for just 4% less than list price.

First Quarter 2017

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.

2016 Overall

The number of single family homes sold in Brielle showed a 52% increase in 2016 with 67 homes selling as compared to 44 in 2015.  The average sales price for a single family home in 2016 was $740,311, a decrease of 9% over 2015.  Days on market decreased from 112 days to 86 days.  And, homes are selling in 2016 for 4% of list price.

Fourth Quarter 2016

Twenty single family homes sold in the fourth quarter of 2016 in Brielle as compared to only 9 for the same period in 2015.  The average sales price is $761,846, a 32% decrease as compared to the fourth quarter of 2015.  The average days on the market decreased to 66 days from 117. And, homes are selling for 4% less than list price.

 Third Quarter 2016

The average sales prices of single family homes in Brielle is $753,908, a 23% increase over the same period of 2015 when the average price was $612,656. Homes are selling for an average of 1% off of list price. Unit sales are up 5% over the same period last year.

 Second Quarter 2016

The most recent data for the second quarter of 2016 shows that the average sale price for a single family home in Brielle, NJ $599,821 which represents a 7% decrease in sales price over the same quarter in 2015, where the average sale price was $ $651,785.  A total of 16 homes were sold in 2016 verses 7 in 2015.  Days on the market decreased from 177 in 2015 to 116 in 2016.  Homes in 2016 are selling on average for just 5% less than list price.

First Quarter 2016

The average sales price for a single family home in Brielle, NJ for the first quarter of 2016, is $870,208 which represents a 14% decrease in sales price over the same quarter in 2015, where the average sales price was $1,017,850.  A total of twelve (12) homes were sold in the first quarter of 2016 verses ten (10) sold in 2015.  Days on market dropped slightly from 138 to 104 in 2016. Homes are selling on average for just 6% less than list price.

 2015 Overall

The most recent sales data for Brielle, NJ shows that the average sale price for a single family home in 2015 was $817,665 based on 44 home sales. This represents an increase of 43% from $573,000 in the prior year. Unit sales are down 5% over 2014. In 2015 homes in Brielle, NJ were selling at 8% off of list price with 111 average days on the market.

The information is deemed reliable but not guaranteed.