The real estate market at the Jersey Shore is good! Get the latest Real Estate Market  Update 2016 for the first three quarters of 2016, for the Jersey Shore right here! Email homes@theconnollyagency.com for all real estate market updates.
This data contained below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the sales activity for the first three quarters of 2016 for the Jersey Shore, and is listed by town.
Allenhurst, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Allenhurst, NJ through the first three quarters of 2016 was $960,600 based on 5 home sales.  Compared to the same time period in 2015 the average home sales price decreased 12% and there was an increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $1,056,600 which is similar to the same time period in 2015. On average homes closed for just 10% less than list price with an average days on the market of 113.

  • As per MOMLS data January 2016-Sept. 2016

Allenhurst, NJ- First Half 2016
The average sales price for a single family home in Allenhurst, NJ for the 1st half of 2016 is $1,262,500 which represents a 14% increase in sales price over the first half of 2015, where the average sales price was $1,090,000.  A total of 2 homes were sold in the first half of 2016 verses 1 sold in 2015.  Days on market increased from 50  to 139 in 2016. Homes are selling on average for 11% less than list price.
Asbury Park, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Asbury Park, NJ through the first three quarters of 2016 was $275,151 based on 58 home sales.  Compared to the same time period in 2015 the average home sales price increased 5% and there was a 18% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $283,424 which is slightly up over the same time period in 2015.
On average homes closed for just 3% less than list price with an average days on the market of 82.

  • As per MOMLS data January 2016-Sept. 2016

Asbury Park, NJ- First Half 2016
The average sales price for a single family home in Asbury Park, NJ for the 1st half of 2016 is $259,700 which represents a 7% increase in sales price over the first half of 2015, where the average sales price was $242,360.  A total of 38 homes were sold in the first half of 2016 verses 28 sold in 2015.  Days on market decreased from 121  to 96 in 2016. Homes are selling on average for 5% less than list price.
Ocean Grove, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Ocean Grove, NJ through the first three quarters of 2016 was $546,100 based on 43 home sales.  Compared to the same time period in 2015 the average home sales price increased 3% and there was a 7.5% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $577,776 which is slightly up over the same time period in 2015.
On average homes closed for just 6% less than list price with an average days on the market of 43.

  • As per MOMLS data January 2016-Sept. 2016

Ocean Grove, NJ- First Half 2016
The average sales price for a single family home in Ocean Grove, NJ for the 1st half of 2016 is $533,596 which represents a 9% increase in sales price over the first half of 2015, where the average sales price was $489,436.  A total of 29 homes were sold in the first half of 2016 verses 24 sold in 2015.  Days on market decreased from 117 to 72 in 2016. Homes are selling on average for 6% less than list price.
Bradley Beach, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Bradley Beach, NJ through the first three quarters of 2016 was $580,830 based on 33 home sales.  Compared to the same time period in 2015 the average home sales price increased 9% and there was a 17% decrease in the number of single family homes sold.
The average list price of homes on the market in 2016 is $600,878, which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 74.

  • As per MOMLS data January 2016-Sept. 2016

Bradley Beach, NJ- First Half 2016
The average sales price for a single family home in Bradley Beach, NJ for the 1st half of 2016 is $592,833 which represents a 13% increase in sales price over the first half of 2015, where the average sales price was $526,737.  A total of 27 homes were sold in both the first half of 2016 and 2015.  Days on market decreased from 101 to 74 in 2016. Homes are selling on average for 4% less than list price.
Avon-by-the-Sea, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Avon-by-the-Sea, NJ through the first three quarters of 2016 was $1,123,000 based on 19 home sales.  Compared to the same time period in 2015 the average home sales price increased 6% and there was a 20% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $1,170,094, which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 110.

  • As per MOMLS data January 2016-Sept. 2016

Avon-by-the-Sea, NJ- First Half 2016
The average sales price for a single family home in Avon-by-the-Sea, NJ for the 1st half of 2016 is $1,047,775 which represents a 13% increase in sales price over the first half of 2015, where the average sales price was $927,039.  A total of 10 homes were sold in the first half of 2016 verses 7 sold in 2015.  Days on market increased slightly from 84 to 92 in 2016. Homes are selling on average for 7% less than list price.
Belmar, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Belmar, NJ through the first three quarters of 2016 was $742,623 based on 46 home sales.  Compared to the same time period in 2015 the average home sales price increased 17% and there was a 24% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $781,032 which is slightly up over the same time period in 2015.
On average homes closed for just 5% less than list price with an average days on the market of 83.

  • As per MOMLS data January 2016-Sept. 2016

Belmar, NJ- First Half 2016
The average sales price for a single family home in Belmar, NJ for the 1st half of 2016 is $809,218 which represents a 63% increase in sales price over the first half of 2015, where the average sales price was $495,454.  A total of 32 homes were sold in the first half of 2016 verses 22 sold in 2015.  Days on market decreased from 103 to 95 in 2016. Homes are selling on average for 5% less than list price.
Lake Como, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Lake Como, NJ through the first three quarters of 2016 was $373,191 based on 24 home sales.  Compared to the same time period in 2015 the average home sales price decreased 5% and there was a 50% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $390,254 which is slightly up over the same time period in 2015.
On average homes closed for just 5% less than list price with an average days on the market of 64.

  • As per MOMLS data January 2016-Sept. 2016

Lake Como, NJ- First Half 2016
The average sales price for a single family home in Lake Como, NJ for the 1st half of 2016 is $361,846 which represents a 7% decrease in sales price over the first half of 2015, where the average sales price was $388,350.  A total of 13 homes were sold in the first half of 2016 verses 10 sold in 2015.  Days on market decreased from 95 to 66 in 2016. Homes are selling on average for 5% less than list price.
Neptune City, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Neptune City, NJ through the first three quarters of 2016 was $252,075 based on 40 home sales.  Compared to the same time period in 2015 the average home sales price increased 6% and there was a 5% decrease in the number of single family homes sold.
The average list price of homes on the market in 2016 is $261,656 which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 70.

  • As per MOMLS data January 2016-Sept. 2016

Neptune City, NJ- First Half 2016
The average sales price for a single family home in Neptune City, NJ for the 1st half of 2016 is $259,166 which represents a 16% increase in sales price over the first half of 2015, where the average sales price was $222,541.  A total of 27 homes were sold in the first half of 2016 verses 24 sold in 2015.  Days on market increased from 59 to 75 in 2016. Homes are selling on average for 5% less than list price.
Neptune, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Neptune, NJ through the first three quarters of 2016 was $261,214 based on 189 home sales.  Compared to the same time period in 2015 the average home sales price increased 9% and there was a 22% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $271,063 which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 69.

  • As per MOMLS data January 2016-Sept. 2016

Neptune, NJ- First Half 2016
The average sales price for a single family home in Neptune, NJ for the 1st half of 2016 is $248,380 which represents a 3% increase in sales price over the first half of 2015, where the average sales price was $241,980.  A total of 129 homes were sold in the first half of 2016 verses 92 sold in 2015.  Days on market remained virtually the same from 89 to 83 in 2016. Homes are selling on average for 5% less than list price.
Spring Lake, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Spring Lake, NJ through the first three quarters of 2016 was $2,097,190 based on 50 home sales.  Compared to the same time period in 2015 the average home sales price increased 2% and there was a 10% decrease in the number of single family homes sold.
The average list price of homes on the market in 2016 is $2,248,575 which is slightly up over the same time period in 2015.
On average homes closed for just 7% less than list price with an average days on the market of 107.

  • As per MOMLS data January 2016-Sept. 2016

Spring Lake, NJ- First Half 2016
The average sales price for a single family home in Spring Lake, NJ for the 1st half of 2016 is $2,191,737 which represents a 6% increase in sales price over the first half of 2015, where the average sales price was $2,063,589.  A total of 40 homes were sold in the first half of 2016 verses 36 sold in 2015.  Days on market remained relatively the same from 93 to 100 in 2016. Homes are selling on average for 4% less than list price.
Spring Lake Heights, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Spring Lake Heights, NJ through the first three quarters of 2016 was $470,769 based on 26 home sales.  Compared to the same time period in 2015 the average home sales price decreased 1% and there was a 13% decrease in the number of single family homes sold.
The average list price of homes on the market in 2016 is $488,569 which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 76.

  • As per MOMLS data January 2016-Sept. 2016

Spring Lake Heights, NJ- First Half 2016
The average sales price for a single family home in Spring Lake Heights, NJ for the 1st half of 2016 is $411,007 which represents a 17% decrease in sales price over the first half of 2015, where the average sales price was $493,767.  A total of 14 homes were sold in the first half of 2016 verses 17 sold in 2015.  Days on market remained the same at 93 for both 2015 & 2016. Homes are selling on average for 4% less than list price.
Sea Girt, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Sea Girt, NJ through the first three quarters of 2016 was $1,786,703 based on 38 home sales.  Compared to the same time period in 2015 the average home sales price increased 5% and the number of single family homes sold remained the same at 38 homes sold.
The average list price of homes on the market in 2016 is $1,915,128 which is slightly up over the same time period in 2015.
On average homes closed for just 7% less than list price with an average days on the market of 104.

  • As per MOMLS data January 2016-Sept. 2016

Sea Girt, NJ- First Half 2016
The average sales price for a single family home in Sea Girt, NJ for the 1st half of 2016 is $1,815,944 which represents a 1% decrease in sales price over the first half of 2015, where the average sales price was $1,842,616.  A total of 18 homes were sold in the first half of 2016 verses 19 sold in 2015.  Days on the market increased slightly from 81 to 103 in 2016. Homes are selling on average for 7% less than list price.
Manasquan, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Manasquan, NJ through the first three quarters of 2016 was $638,069 based on 53 home sales.  Compared to the same time period in 2015 the average home sales price decreased 9% and there was a 4% decrease in the number of single family homes sold.
The average list price of homes on the market in 2016 is $661,201 which is slightly up over the same time period in 2015.
On average homes closed for just 4% less than list price with an average days on the market of 88.

  • As per MOMLS data January 2016-Sept. 2016

Manasquan, NJ- First Half 2016
The average sales price for a single family home in Manasquan, NJ for the 1st half of 2016 is $638,202 which represents a 4% decrease in sales price over the first half of 2015, where the average sales price was $664,881.  A total of 31 homes were sold in the first half of 2016 verses 33 sold in 2015.  There was an increase in Days on market from 85 to 115 in 2016. Homes are selling on average for 4% less than list price.
Brielle, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Brielle, NJ through the first three quarters of 2016 was $731,146 based on 47 home sales.  Compared to the same time period in 2015 the average home sales price decreased 1% and there was a 34% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $772,693 which is slightly up over the same time period in 2015.
On average homes closed for just 6% less than list price with an average days on the market of 94.

  • As per MOMLS data January 2016-Sept. 2016

Brielle, NJ- First Half 2016
The average sales price for a single family home in Brielle, NJ for the 1st half of 2016 is $715,701 which represents a 17% decrease in sales price over the first half of 2015, where the average sales price was $867,117.  A total of 28 homes were sold in the first half of 2016 verses 17 sold in 2015.  Days on market decreased from 154 to 111 in 2016. Homes are selling on average for 7% less than list price.
Pt. Pleasant Beach, NJ- YTD (January 1st through September 30, 2016)
The average sales price for a single family home in Pt. Pleasant Beach, NJ through the first three quarters of 2016 was $552,506 based on 65 home sales.  Compared to the same time period in 2015 the average home sales price decreased 1% and there was a 35% increase in the number of single family homes sold.
The average list price of homes on the market in 2016 is $579,850 which is slightly up over the same time period in 2015.
On average homes closed for just 5% less than list price with an average days on the market of 84.

  • As per MOMLS data January 2016-Sept. 2016

Point Pleasant Beach, NJ- First Half 2016
The average sales price for a single family home in Point Pleasant Beach, NJ for the 1st half of 2016 is $576,398 which represents a 8% decrease in sales price over the first half of 2015, where the average sales price was $624,583.  A total of 50 homes were sold in the first half of 2016 verses 21 sold in 2015.  Days on market decreased from 125 to 80 in 2016. Homes are selling on average for 5% less than list price.
 

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