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The Connolly Agency

2019 Real Estate Market Update for the Year End

To wrap up the year end 2019 real estate market update, look at the data below for each town to see how many homes were sold, and their average sales price, compared to 2018, the prior year. Also you’ll see how most of the towns’ average home sales prices increased from 2018. Our real estate market is still very strong!

The 2019 real estate market update for Allenhurst, shows that 4 homes were sold, for an average of $2,117,675, a decrease of 22% from 2018. The homes were on the market an average of 80 days, and sold for 12% less than the listing price.

In Asbury Park, 76 homes were sold, for an average sale price of $426,565, or a solid increase of 21% over 2018. The homes were on the market an average of 50 days, and sold for an incredible 97% of the listing price.

In Avon By The Sea, 20 homes sold, for an average sales price of $1,611,425, a solid increase of 17% over 2018. The homes were on the market an average of 80 days, and sold for 8% under than listing price.

In Belmar, 58 homes were sold, for an average sales price of $713,493, an 8% decrease from 2018. The homes sold for a solid 95% of the listing price, and were on the market an average of 60 days.

In Bradley Beach, 57 single family homes sold which increased total sales volume a staggering 76% over 2018, and sold for an average sales price of $759,017, an increase of 8% over 2018. The homes were on the market an average of 48 days, and sold for an incredible 97% of the listing price.

In Brielle, 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.

In Lake Como, 28 homes sold at an average price of $468,350, 10% lower from 2018. The homes were on the market an average of 49 days, and sold for an impressive 96% of the listing price.

In Manasquan, 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.

In Neptune City, 47 homes were sold, and the average sales price was $293,000, 3% more than in 2018. The homes were on the market an average of 46 days, and sold for a staggering 98% of the listing price.

In Neptune Township, 324 homes were sold, and the average sales price increased to $360,146, 3% more than in 2018. The homes were on the market an average of 49 days, and sold for an incredible 97% of the listing price.

In Ocean Grove, 62 homes were sold, at an average sales price of $573,112, a 12% decrease from 2018. The homes were on the market an average of 59 days, and sold at an impressive 97% of the listing price.

In Point Pleasant, 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.

In Sea Girt, 37 homes sold for an average sales price of $2,310,277, an increase of 10% from 2018. The homes were on the market an average of 90 days and sold for 91% of the listing price.

In Spring Lake, 50 homes sold for an average price of $2,617,984, an increase of 3% over 2018. The homes were on the market an average of 99 days, and sold for 94% of the listing price.

In Spring Lake Heights, 37 homes sold for an average sales price of $2,310,277, an increase of 10% from 2018. The homes were on the market an average of 90 days and sold for 91% of the listing price.

The 2019 real estate market update for Wall Township shows that 302 homes were sold for an average sales price of $564,210, up 7% from 2018. The homes were on the market an average of 57 days, and sold for a impressive 97% of the listing price.

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