Around the Towns
As summer winds down, lifeguards are putting away their stands, but social distancing and mask requirements remain in effect at the beaches. Also, with the lifeguards gone, things are now “swim at your own risk” – beware of riptides, especially in stormy weather!
Events
On September 12th at 10 am, there will be a Living Dune Planting and Educational event at the Downer Avenue beach in Mantoloking, hosted by the Mantoloking Environmental Commission – details here.
The Bay Head Sidewalk Sale will be held September 18th and 19th.
Looking for a community service activity? Attend the Bay Head Train Station Clean Up. Meet at the Bay Head Train Station on September 25th at 9:00 am.
The last Bay Head Farmer’s Market will be held Thursday, September 10th, from 3:00 pm until 6:00 pm. The Farmer’s Market is held in the Municipal lot next to the firehouse on Bridge Avenue.
Something New! The Algonquin Arts Theatre (we are sponsors) in nearby Manasquan will host “Locals Summer” – a series of socially-distanced, outdoor concerts, mixed with daily online artist showcases and stories that will run September 8 – October 1. The live concerts will be held at 7:00 pm at the Algonquin Arts Theatre on September 9th (Chris Pinnella) and the Irish band, The Snakes, on September 16th. Throw on a mask, bring your chair, grab takeout from one of the local Manasquan restaurants, and enjoy the show! Visit the Algonquin Arts Theatre website (algonquinarts.org) for more information.
Many events are still being held online. Many local organizations, churches, and the like are streaming their offerings via various technologies.
The I Love Bay Head and Suzie & Ed Facebook pages are also good sources of
information about upcoming events. If you are not on Facebook (or even if you are),
always feel free to call or email with any questions.
Meetings
Most remain online – the best source of information right now is the town websites – check for frequent updates and changes. Bay Head and Mantoloking both offer “dial-in” options for the public to attend their meetings.
Additional town meetings can be found on the respective websites, linked below. If you can’t find an answer to your question, please let us know.
Bay Head | Mantoloking
Market
We continue to have a very strong late summer market – inventory remains low, and properties are often selling for over asking price, sometimes with multiple offers. In general, a slightly more conservative asking price will produce more activity sooner, and a higher sale price later. If one starts at too high an asking price, it is likely that one will miss out on a strong initial flurry of activity. Looking at the market statistics for Bay Head, one can see the following trends:
1) The percentage of listing vs. sale price is nearly equal – eg – properties are selling at or over asking price.
2) From July to August, Average Days on Market dropped from 112 to 28.
In general, Mantoloking follows similar trends, but with a smaller inventory.
Two of our recent listings, 1339 Bay Avenue, Mantoloking, and 651 Lake Avenue, Bay Head, went under contract very quickly, in 13 days and 20 days, respectively. We also have three other new listings at 416 East Avenue (Bay Head), 463 Club Drive, and 503 Club Drive.
Our most recent closings are 113 Curtis Point Drive ($2,448,000), 162 Bridge Avenue ($879,000), 294 Osborne Avenue ($750,000), 71 Driftwood Drive ($670,000), and 409 Sandpiper Court ($268,000).
There are currently 22 homes and parcels of land available in Bay Head, and 12 properties under contract, some of which involve us and/or agents from our office. There have been 7 closings in Bay Head since the end of July.
There are currently 19 homes and parcels of land available in Mantoloking, and 15 properties under contract, some of which involve us and/or agents from our office. There have been 4 closings in Mantoloking since the end of July.
As always, all of our current listings can be found on our website.
If you have questions about your property, or another neighborhood, please ask. If you would like to receive more frequent updates, you can also follow us on Facebook and
Instagram (#suzieandedrealtors), or please give us a call.
We always welcome your comments, suggestions for topics, and other feedback. If there is a particular topic that you would like us to cover, or a question that you need an answer to, please let us know.
If you have questions about your own property, or know someone (near or far), who is talking about moving, please keep us in mind. If the contemplated move is outside of the areas we serve, we can happily provide a referral to a well qualified agent just about anywhere.
Have a happy, healthy and safe Labor Day weekend!
Ed and Suzie
All statistics are per the Monmouth/Ocean MLS as of 9/4/20.
