POINT PLEASANT BEACH, NJ

REAL ESTATE MARKET UPDATE IN POINT PLEASANT BEACH, 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 Point Pleasant Beach, NJ.

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

First Quarter 2021

 

During the first quarter of 2021, Point Pleasant Beach saw the sale of 25 single family homes, a decrease of almost 4% than the First Quarter of 2020. The average sales price of these homes was $832,740, significantly up more than 32% from the 2020 average sales price. These homes were sold at 96% of list price, which is up from the 2020 comparison of 93% to asking versus sale prices. The homes were listed with an average of 57 days on market, which is dramatically less than 2020’s 129 days on market average.

 

2020 Year End Summary

In 2020, 103 single family homes sold, an increase of 34 homes sold. The average sales price of $705,308 was up 4% from last year. The homes were on the market an average of 68 days and sold for 96% of the listing price. The total volume increase in 2020 was 55%.

Second Quarter 2020

The second quarter boasts the sale of 21 single family homes with an average sale price of $660,884. Homes were sold at less than 7% below list prices, with an average of 111 days on the market.

First Quarter 2020

The first quarter boasts the sale of 13 single family homes with an average sale price of $617,461. Homes were sold at less than 4% below list prices, with an average of 66 days on the market.

2019 Year End Summary

In 2019, 84 homes sold, about the same as last year, at an average sales price of $709,461, up 3% from last year. The homes were on the market an average of 78 days, and sold for 94% of the listing price.

Third Quarter 2019

During the third quarter, 15 single family homes sold with an average sale price of $618,966. These homes sold 9% below list price with an average of 77 days on the market.

First Half of 2019

44 homes have sold in the first half of 2019 versus 43 in 2018. The average sales price is down 9% to $684,649. Homes are selling for 94% of list price with an average days on market of 86.

First Quarter 2019

In the first quarter of 2019, 17 single family homes have been sold, for an average price of $624,832, a 29% increase from last year’s first quarter. The homes sold for 93% of the listing price, and the average days on market was 87 days.

2018 Year End Review

For 2018, 83 single family homes were sold, for an average of $688,239, or a 11% increase over 2017. The homes were on the market for an average of 76 days, and sold for 6% less than the listing price.

Third Quarter 2018

In the Third quarter of 2018, 23 single family homes were sold in Point Pleasant Beach, a 53% increase in the amount of homes from the first quarter. The average sales price of a home was $774,008, and the homes sold for 94% of the listing price, and stayed on the market for an average of 53 days.

First Quarter 2018

In the first quarter of 2018, 15 single family homes were sold in Point Pleasant Beach, a 75% decrease in the amount of homes from last year’s first quarter. The average sales price of a home was $480,966, and the homes sold for 95% of the listing price, and stayed on the market for an average of 87 days.

2017 Overall

There were 84 single family homes sold in Point Pleasant Beach in 2017, only 4 more than last year. The homes sold for an average of $619,490, increasing by 8% more then last year. Homes sold for 5% less than the listing price. The average days on the market decreased from 88 to 76.

Third Quarter 2017

For the third quarter of 2017, there was a 71% drop is the number of single family homes sold in Point Pleasant Beach compared to last year, going from 65 homes to 19. The average price of a home went for $681,973, which was a 23% increase from last year. The days on the market also increased from 84 days to 111, but the homes sold for 95% listing price, the same as last year.

Second Quarter 2017

The average sales price for a single family home in Pt. Pleasant Beach, NJ for the second quarter of 2017 was $631,478 which represents a 4% increase in sales price over the same quarter in 2016, when the average sales price was $606,442. A total of 30 homes were sold in the second quarter of 2017 verses 35 sold in 2016.  Days on market decreased from 82 in 2016 to 68 in 2017. Homes were selling on average for just 6% less than list price.

First Quarter 2017

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 market was 121 and homes were selling for 5% less than list price.

 2016 Overall

There were 80 single family homes sold in Pt. Pleasant Beach in 2016, as compared to 65 the previous year.  The average sales price of a single family home increased 2% to $569,156 from $560,516.  Homes were selling for just 5% less than list price.  And, the average days on the market decreased from 103 in 2015 to 88 in 2016.

 Fourth Quarter 2016

In the fourth quarter of 2016, 15 homes were sold in Pt. Pleasant Beach, NJ. The average sales price was $641,306, up 10% over the same period of 2015 when the average price was $581,414.  The average days on the market decreased from 117 in 2015 to 104 in 2016.  Homes were selling for just 5% less than list price.

 Third Quarter 2016

The average sales price for a single family home in Pt. Pleasant Beach, NJ through the third quarter of 2016, was $552,506 which was essentially flat over the same period in 2015, where the average sales price was $553,114.  A total of 65 homes were sold through the third quarter of 2016 verses 48 sold in 2015, an increase of 35%.  Days on market decreased from 98 to 84 in 2016. Homes were selling on average for just 5% less than list price.

 Second Quarter 2016

The average sales price for a single family home in Pt. Pleasant Beach, NJ for the second quarter of 2016, was $606,442 which represents a 14% increase in sales price over the same quarter in 2015, when the average sales price was $531,884.  A total of 35 homes were sold in the second quarter of 2016 verses 13 sold in 2015.  Days on market decreased slightly from 97 to 82 in 2016. Homes were selling on average for just 5% less than list price.

 First Quarter 2016

The average sales price for a single family home in Point Pleasant Beach NJ for the first quarter of 2016 was $506,293 with 15 homes sold. This represented a 35% decrease in sales price over the same period in 2015. Units sold increased from 8 to 15. Days on market for the first quarter of 2016 was just 76, versus 171 for the first quarter of 2015.

 2015 Overall

The most recent sales data for Point Pleasant Beach, NJ shows that the average sale price for a single family home in 2015 was $560,516 based on 65 home sales. This represents a decrease of 7% from the prior year. In 2015 homes in Point Pleasant Beach, NJ were selling at 93% of list price and homes were on the market for an average of 103 days.

The information is deemed reliable but not guaranteed.

Point Pleasant Real Estate Trends

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  • 555266.86,539103.14,546921.64,510361.53,529564.97,510895.85,549120.31,575586.21,559057.98,573105.59,607587.75,571441.79
  • 439000.00,449000.00,449888.00,449900.00,449900.00,450000.00,459900.00,459900.00,460000.00,459900.00,465000.00,470000.00
  • 399000.00,399900.00,409000.00,385000.00,390000.00,369990.00,395000.00,419000.00,415000.00,429250.00,425000.00,439000.00

Information is deemed to be reliable, but is not guaranteed. © 2021

  • 663381.27,679380.61,673113.37,667994.21,675489.09,688239.31,713777.49,741364.45,713133.66,720499.25,721672.61,717353.07
  • 555266.86,539103.14,546921.64,510361.53,529564.97,510895.85,549120.31,575586.21,559057.98,573105.59,607587.75,571441.79
  • 439000.00,449000.00,449888.00,449900.00,449900.00,450000.00,459900.00,459900.00,460000.00,459900.00,465000.00,470000.00
  • 399000.00,399900.00,409000.00,385000.00,390000.00,369990.00,395000.00,419000.00,415000.00,429250.00,425000.00,439000.00

Information is deemed to be reliable, but is not guaranteed. © 2021