The Real Estate Market at the Jersey Shore for the third quarter of 2018 remained strong with inventory levels low and demand for homes high. Home prices are up 11% in the third quarter of 2018 over the third quarter of 2017. Homes are selling for close to listing price. For details by town, please read below, or click on market updates by town on the home page of theconnollyagency.com.
And if a town you are interested in is not listed please email us at homes@theconnollyagency.com.
Allenhurst:
In the third quarter of 2018, 6 single family homes were sold in Allenhurst, for an average selling price of $2,704,166, an increase of 45% over 2017’s third quarter. The homes stayed on the market for an average of 46 days, and sold for 9% less than the listing price.
Asbury Park:
In the third quarter of 2018, 26 single family homes were sold in Asbury Park, for an average of $372,848, increasing by 23% from 2017 third quarter. The homes stayed on the market for an average of 59 days, and sold for 3% less than the listing price.
Avon:
In the third quarter of 2018, 8 single family homes were sold in Avon, for an average of $1,171,375, increasing by 23% from 2017 third quarter. The homes stayed on the market for an average of 69 days, and sold for 3% less than the listing price.
Belmar:
In the third Quarter of 2018, 21 single family homes were sold in Belmar, for an average of $778,147, decreasing by 3% from 2017 third quarter. The homes stayed on the market for an average of 60 days, and sold for 2% less than the listing price.
Bradley Beach:
In the third quarter of 2018, 7 single family homes were sold in Bradley Beach, with an average price of $658,285, a 19% decrease from the second quarter. The homes generally sold for 6% less than listing price, and were on the market for an average of 74 days.
Brielle:
In the third quarter of 2018, 21 single family homes were sold in Lake Como, for an average of $728,966, increasing by 17% from 2017 third quarter. The homes stayed on the market for an average of 74 days, and sold for 4% less than the listing price.
Lake como:
In the third quarter of 2018, 8 single family homes were sold in Lake Como, for an average of $605,737, increasing by 18% from 2017 third quarter. The homes stayed on the market for an average of 69 days, and sold for 4% less than the listing price.
Manasquan:
In the third quarter of 2018, 21 single family homes were sold in Manasquan, for an average of $818,732, increasing by 19% from 2017 third quarter. The homes stayed on the market for an average of 40 days, and sold for 3% less than the listing price.
Neptune Township:
In the third quarter of 2018, 90 single family homes were sold in Neptune Township, for an average of $342,838, increasing by .5% from 2017 third quarter. The homes stayed on the market for an average of 48 days, and sold for 3% less than the listing price.
Neptune City:
In the third quarter of 2018, 16 single family homes were sold in Neptune City, for an average of $275,125, decreasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 43 days, and sold for 2% less than the listing price.
Ocean Grove:
In the third quarter of 2018, 15 single family homes were sold in Ocean Grove, for an average of $667,326, increasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 65 days, and sold for 6% less than the listing price.
Point Pleasant Beach
In the third quarter of 2018, 23 single family homes were sold in Point Pleasant Beach, for an average of $774,008, increasing by 13% from 2017 third quarter. The homes stayed on the market for an average of 53 days, and sold for 6% less than the listing price.
Spring Lake Heights:
In the third quarter of 2018, 18 single family homes were sold in Spring Lake Heights, for an average of $552,246, increasing by 29% from 2017 third quarter. The homes stayed on the market for an average of 55 days, and sold for 4% less than the listing price.
Spring Lake:
In the third quarter of 2018, 18 single family homes were sold in Spring Lake, for an average of $2,192,288, decreasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 103 days, and sold for 6% less than the listing price.
Sea Girt:
In the third quarter of 2018, 12 single family homes were sold in Sea Girt, for an average of $2,075,333, decreasing by .6% from 2017 third quarter. The homes stayed on the market for an average of 53 days, and sold for 7% less than the listing price.
Wall:
In the third quarter of 2018, 85 single family homes were sold in Wall, for an average of $510,836, decreasing by 2% from 2017 third quarter. The homes stayed on the market for an average of 51 days, and sold for 3% less than the listing price.
And if a town you are interested in is not listed please email us at homes@theconnollyagency.com.
Allenhurst:
In the third quarter of 2018, 6 single family homes were sold in Allenhurst, for an average selling price of $2,704,166, an increase of 45% over 2017’s third quarter. The homes stayed on the market for an average of 46 days, and sold for 9% less than the listing price.
Asbury Park:
In the third quarter of 2018, 26 single family homes were sold in Asbury Park, for an average of $372,848, increasing by 23% from 2017 third quarter. The homes stayed on the market for an average of 59 days, and sold for 3% less than the listing price.
Avon:
In the third quarter of 2018, 8 single family homes were sold in Avon, for an average of $1,171,375, increasing by 23% from 2017 third quarter. The homes stayed on the market for an average of 69 days, and sold for 3% less than the listing price.
Belmar:
In the third Quarter of 2018, 21 single family homes were sold in Belmar, for an average of $778,147, decreasing by 3% from 2017 third quarter. The homes stayed on the market for an average of 60 days, and sold for 2% less than the listing price.
Bradley Beach:
In the third quarter of 2018, 7 single family homes were sold in Bradley Beach, with an average price of $658,285, a 19% decrease from the second quarter. The homes generally sold for 6% less than listing price, and were on the market for an average of 74 days.
Brielle:
In the third quarter of 2018, 21 single family homes were sold in Lake Como, for an average of $728,966, increasing by 17% from 2017 third quarter. The homes stayed on the market for an average of 74 days, and sold for 4% less than the listing price.
Lake como:
In the third quarter of 2018, 8 single family homes were sold in Lake Como, for an average of $605,737, increasing by 18% from 2017 third quarter. The homes stayed on the market for an average of 69 days, and sold for 4% less than the listing price.
Manasquan:
In the third quarter of 2018, 21 single family homes were sold in Manasquan, for an average of $818,732, increasing by 19% from 2017 third quarter. The homes stayed on the market for an average of 40 days, and sold for 3% less than the listing price.
Neptune Township:
In the third quarter of 2018, 90 single family homes were sold in Neptune Township, for an average of $342,838, increasing by .5% from 2017 third quarter. The homes stayed on the market for an average of 48 days, and sold for 3% less than the listing price.
Neptune City:
In the third quarter of 2018, 16 single family homes were sold in Neptune City, for an average of $275,125, decreasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 43 days, and sold for 2% less than the listing price.
Ocean Grove:
In the third quarter of 2018, 15 single family homes were sold in Ocean Grove, for an average of $667,326, increasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 65 days, and sold for 6% less than the listing price.
Point Pleasant Beach
In the third quarter of 2018, 23 single family homes were sold in Point Pleasant Beach, for an average of $774,008, increasing by 13% from 2017 third quarter. The homes stayed on the market for an average of 53 days, and sold for 6% less than the listing price.
Spring Lake Heights:
In the third quarter of 2018, 18 single family homes were sold in Spring Lake Heights, for an average of $552,246, increasing by 29% from 2017 third quarter. The homes stayed on the market for an average of 55 days, and sold for 4% less than the listing price.
Spring Lake:
In the third quarter of 2018, 18 single family homes were sold in Spring Lake, for an average of $2,192,288, decreasing by 7% from 2017 third quarter. The homes stayed on the market for an average of 103 days, and sold for 6% less than the listing price.
Sea Girt:
In the third quarter of 2018, 12 single family homes were sold in Sea Girt, for an average of $2,075,333, decreasing by .6% from 2017 third quarter. The homes stayed on the market for an average of 53 days, and sold for 7% less than the listing price.
Wall:
In the third quarter of 2018, 85 single family homes were sold in Wall, for an average of $510,836, decreasing by 2% from 2017 third quarter. The homes stayed on the market for an average of 51 days, and sold for 3% less than the listing price.