REAL ESTATE MARKET UPDATE IN MANASQUAN, 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 Manasquan, NJ.
For a comprehensive real estate market update in Manasquan, NJ, contact our NJ Shore Real Estate experts at The Connolly Agency. We look forward to hearing from you. 732-361-0800
2023 compared to 2022 Q1 Single Family Home Sales
The First Quarter for both years consists of January, February and March. In Manasquan in 2023 13 homes sold compared to 2022 when 15 homes sold. The average sale price also jumped from $987,539 in 2022 to $1,150,769 in 2023, which is a 17% increase over the year. While the days on market went up slightly from 25 to 29 the increase in price could be the cause. In 2023 homes sold for 98% of the list price as compared to 2022 when the homes also got almost full list price at 95%.
2021 Vs 2022 Yearly Market Update
In 2022, 80 single homes were sold, which was a decrease from 98 homes in 2021. The total sales volume for sold Single Family homes in Manasquan in 2022 decreased by 5%. The average sales price was $1,222,613, an increase of 10% from 2021. The homes were on the market an average of 26 days and sold for 99% of the listing price.
2020 vs 2021 Market Update
In the year of 2021, 98 single family homes sold in Manasquan, down 7.55% from 2020. The average sales price was $1,047,478, up 11.19% from 2020, and the average days on the market were 37 vs 53 days in 2020. Homes sold for 99% of the listing price vs 98% in 2020. Overall, the real estate volume is $102,652,910 up 2.80% compared to last year.
Fourth Quarter 2020 vs 2021
In the fourth quarter of 2021, 24 single family homes sold in Manasquan, down over -33.33% from 2020. The average sales price was $938,079 down 14.6% from 2020, and the average days on the market were 26 vs 37 days in 2020. Homes sold for 101% of the listing price vs 99% in 2020.
2020 Year End Summary
In 2020, 107 single family homes were sold, 16% more than in 2019, at an average sales price of $940,705. Which is 12% higher than last year. The homes were on the market an average of 52 days and sold for 98% of the listing price. Total single family Sales volume increased 30% over 2019.
Second Quarter 2020
With the sale of 20 single family homes during the first quarter of 2020, Manasquan average sales price of $888,678. This is a 6% increase from the first half of 2019. Homes spent an average of 54 days on the market this year, selling at 97% of list prices.
First Quarter 2020
Manasquan boasts the sale of 17 single family homes during the first quarter of 2020. Sales saw a 2% decrease in average sales price during the same quarter in 2019. Average sale price of $786,295 was recorded with an average of 44 days on the market. Homes sold for 97.5% of asking price.
2019 Year End Summary
In 2019, 92 homes were sold, 5% more than in 2018, at an average sales price of $839,477, also up 5% from last year. The homes were on the market an average of 64 days, and sold for 95% of the listing price.
Third Quarter 2019
27 single family homes were sold in Manasquan with an average sale price of $903,014 and an average of 59 days on the market. This is a 10% increase in average sales price during the 3rd quarter in 2019, as compared with the same quarter in 2018. Homes sold at 4% below list prices.
First Half of 2019
44 single family homes have sold in Manasquan during the first half of 2019 versus 48 in 2018. The average list price is up 12% to 877,674 and the average sales price is up 10% to $835,290. Homes are selling for 95% of list price with 73 days on market.
First Quarter 2019
In the first quarter of 2019, 14 single family homes have been sold, for an average price of $822,442, a 10% increase from last year’s first quarter. The homes sold for 94% of the listing price, and the average days on market was 49 days.
2018 Year End Summary
For 2018, 88 single family homes were sold, for an average of $799,873, or a 10% increase over 2017. The homes were on the market for an average of 66 days, and sold for 4% less than the listing price.
Third Quarter 2018
During the third quarter of 2018, 21 single family homes were sold in Manasquan, and sold for an average sales price of $818,732. The homes sold for 3% less than the listing price, and stayed on the market for an average of 40 days.
Second Quarter 2018
During the second quarter of 2018, 26 single family homes were sold in Manasquan, and sold for an average sales price of $765,8514. The homes sold for 3% less than the listing price, and stayed on the market for an average of 79 days.
First Quarter 2018
During the first quarter of 2018, 22 single family homes were sold in Manasquan, a 15% increase from last year, and sold for an average sales price of $749,654. The homes sold for 5% less than the listing price, and stayed on the market for an average of 77 days.
2017 Overall
In Manasquan there were 96 homes sold in 2017, for an average price of $726,233. This was an 18% increase from last year. The homes generally stayed on market for 76 days, more than last year’s 60 days, and sold for less than 5% of the listing price.
Third Quarter 2017
Manasquan’s third quarter of 2017 was similar to it’s third quarter in 2016 for the sales of single family homes. 20 homes were sold, only two less than last year, for 94% listing price, compared to 96% last year. The average that the homes sold for was $688,147, an 8% increase from last year, and generally spent 56 days on the market.
Second Quarter 2017
The most recent data for the second quarter 2017 shows the average sale price for a single family home in Manasquan, NJ was $690,233 which represents an 11% increase in sales price over the same quarter in 2016 which was $624,186. A total of 30 homes were sold in 2017 versus 23 in 2016.
First Quarter 2017
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.
2016 Overall
In 2016, 81 single family homes were sold in Manasquan as compared to 79 in 2015. The average sales price decreased 16% in 2016 to $616,344. Homes were selling at 4% less than list price. And, average days on the market decreased from 95 days to 84.
Fourth Quarter 2016
The number of single family homes sold in Manasquan increased over the same period in 2015 from 24 to 28. The average sales price of a single family home was $575,221. Days on the market decreased from 128 to 77. And, homes were selling for 4% less than list price.
Third Quarter 2016
The average sales price of a home in Manasquan was down 14% as compared to the same period in the prior year, at $637,882. The number of homes sold remained flat at 22 for the third quarter in each year. Homes were selling for 4% less than list price, with an average days on market of 50.
Second Quarter 2016
The most recent data for the second quarter 2016 shows the average sale price for a single family home in Manasquan, NJ was $624,186, which represents a 10% decrease in sales price over the same quarter in 2015. The average sales price then was $ $697,150. A total of 23 homes were sold in 2016 verses 24 in 2015. Days on the market increased from 80 in 2015 to 129 days in 2016. Homes in 2016 were selling on average for just 3% less than list price.
First Quarter 2016
The average sales price for a single family home in Manasquan, NJ for the first quarter of 2016, was $678,500, which represented a 17% increase over the same period in 2015. A total of eight (8) homes were sold in the first quarter of 2016 versus nine (9) sold in 2015. Days on market decreased from 100 to 74 in 2016. Homes were selling on average for just 4% less than list price.
2015 Overall
The most recent sales data for Manasquan, NJ shows that the average sale price for a single family home in 2015 was $738,780 based on 79 home sales. This represents an increase of 26% from the prior year. Unit sales increased 5% over the prior year. In 2015 homes in Manasquan, NJ were selling at 5% off of list price and the average days on market were 96.
The information is deemed reliable but not guaranteed.
Manasquan Real Estate Trends
- 826323.42,862821.33,846003.32,865888.06,853075.11,854334.20,866141.02,855325.97,851078.65,850836.76,843137.81,855008.53
- 598116.57,651410.87,631118.63,695546.64,653519.89,671843.28,651710.08,654020.64,622807.02,621508.81,592633.49,678956.37
- 499900.00,516990.00,529450.00,565000.00,550000.00,570000.00,579000.00,575000.00,569900.00,550000.00,549900.00,549000.00
- 439900.00,475000.00,479000.00,500000.00,499000.00,499000.00,479000.00,485000.00,465000.00,446000.00,449900.00,469000.00
Information is deemed to be reliable, but is not guaranteed. © 2023
