If you’re thinking about selling your home, or buying a new one it's important to have a good understanding of what’s going on in the Bay Head and Mantoloking market.
Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home, or to buy one.
Our December market report showcases everything you need to know about local real estate trends.
$729,000
Average Sales Price
2.88
Months of Supply
71.8
Average Days on Market
Homes Sold
96.1%
Sale-to-List Price
1
New Listings (in the last 30 days)
12
Active Listings
15
Under Contract
7
Closed Sales (in the last 30 days)
In Summary
You can see from the statistics above that things been quite busy - inventory is low, and demand is high. Having only 12 homes for sale in Bay Head and Mantoloking is probably a record low. Having said that, the dollar volume of listings sold in 2019 was just over $119,000,000. In 2020, year-to-date, the dollar volume of listings sold is almost $188,000,000 - a change of just over 57%. Contrary to what one might expect, the market has remained strong during these unusual times.
