We hope that you're looking forward to a nice Thanksgiving!
The weather has started to cool here - first frost last week, and the striped bass are here in quantity. The fishing has been great! If you walk up to the beach, keep an eye out - whales and dolphins are still here, and there have been some seals too!
Though it is not quite Thanksgiving, Christmas is coming! Bay Head's Christmas walk is on December 1st, Mantoloking's tree lighting is on December 10th. Details can be found below.
Mantoloking's police department will be partnering with St. Gregory's Pantry for their 8th Annual Toy and Food Drive. Drop boxes can be found in the Mantoloking borough hall lobby, and outside the police department.
Other News
As we head toward the holidays, though it is beautiful here, it is relatively quiet - happily, not much news! There is lots of utility work going on in Bay Head, so if you're in town, don't be surprised by some delays or detours. The Bay Head Christmas Walk is about two weeks away, and will take place on the evening of Friday, December 1st. Details can be found here.
In Mantoloking, the town is in the process of reviewing and updating its borough code (ordinances). Some significant changes could be introduced, so be sure to review the council meeting agendas, and attend the meetings if you are able. Mantoloking council meeting agendas and more can be found.
If you would like to follow the market more closely, and have a direct connection to our listing website, you can download our app, "Closely", here: iPhone | Android.
Meetings and Events
- December 1st, Bay Head Christmas Walk - approximate start of 6:00pm
- December 4th, Bay Head Council Meeting - 7:00pm
- December 7th, Mantoloking Planning Board Meeting - 6:30pm
- December 10th, Mantoloking Tree Lighting - 5:15pm - Mantoloking Fire House
- December 19th, Mantoloking Council Meeting - 5:30pm
- December 20th, Bay Head Planning Board Meeting - 6:30pm
Market
As is often the case, the Bay Head and Mantoloking market has slowed (as have most other areas) as we approach the holidays. Here and there, there have been some price reductions, and at least two homes have been taken off the market, unsold. Happily, our listing at 47 Mount Street, Bay Head, continues to garner showings. Also, just a few weeks ago, our bayfront listing at 950 South Lagoon Lane closed, at almost 93% of the asking price of $7,200,000. Inventory remains limited, but traditionally, after the holidays, and after the heart of winter has passed, inventory and the market activity will pick up again.
If you are curious about your home's value, you can find three AI generated values here, but if you'd like, we'd be happy to send you an equity report, showing your purchase price, and any appreciation since then, market value, and other details (just reply to this email).
For further insights and market statistics, please visit our blog to read our November market update.
Local Photos and Videos: A selection of Ed's local photos from the last month can be found here. You can see some of our recent videos on our Youtube channel (and you may want to subscribe to our channel for future updates).
If you would like to offer your home for rent for any portion of next season, please let us know. Tenants are already making plans for next summer.
Please reply to this email with your questions.
We hope that you have a Happy Thanksgiving with your family, wherever you may be!
Thank you.
All statistics are per Monmouth/Ocean MLS as of 11/2023.
