Bay Head & Mantoloking Market Update - June 2025

 

We hope that June is off to a good start for you, and that you are looking forward to the 4th of July!

 

The market was active in May, and June is off to a good start!  Inventory has returned to nearly normal levels, with a total of 21 homes on the market in the two towns combined.  Though some homes are experiencing price reductions, others continue to sell at or over asking price, at times with multiple offers.  The average days on market remains high (162 for Bay Head, 64 for Mantoloking), largely due to the fact that a number of higher priced homes are taking longer to sell - mostly East Avenue oceanfronts (though 2 Mount Street went under contract recently).  The greatest volume of activity is still at or below $3,000,000.  Some interesting new listings include 842 East Avenue, Bay Head, and 1055 Ocean Avenue, Mantoloking, both listed by agents in our company.  We have a number of new listings in the works, which we will likely be able to tell you about next month!

 

The latest statistics can be found below.

 

As always, if you have any questions, please let us know.

 

Thank you, and we hope that you're looking forward to a nice summer!

 

You can search and browse all listings here. Though prices remain high, proper pricing and marketing remain important.

 

Knowing the most important data such as the average sales price, the number of homes sold, and days on market will help you to better track the pulse of the market.

 

Note that we are now providing town statistics in a new format. The number before the slash (/) is for Bay Head, the number after the slash is for Mantoloking. This way, we can provide you with more detailed information. NOTE: You may see that some numbers are marked 0 or NA - per the MLS there is no data for that statistic for this time period - eg - no closings, or no new listings.

 

NEW: If a ↑ or a ↓ accompanies a statistic, that is the direction of the trend from the previous month's number - up or down.

 

If you would like to talk about the market, your property, or anything else, please let us know. All conversations are confidential.

 

Statistics are per the Monmouth/Ocean MLS as of 6/9/2025, and are provided for the month just concluded.