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Brielle Market Update - April 2024

Here are the current trends for the Brielle, New Jersey market as we progress towards Memorial Day.
Edwin (Ed) O’Malley  |  April 8, 2024
Spring is finally here, and the Brielle market in March reflects that! There were 9 new listings, 5 closings, and 5 properties went under contract. Having said that, average days on the market is up a bit, to 31, and the list to sale price ratio is down by approximately 10%, to 94.9%. Due to the fact that inventory is still relatively low, it does not take many transactions to cause a dramatic change in statistics, so please keep that in mind.
 
If you are thinking of selling, we would be happy to talk!
 
When properly priced and marketed, homes continue to sell quite readily.
 
Our market report showcases everything you need to know about local real estate trends. All statistics are for the month just completed, per the MLS as of 4/8/24.
 
NOTE: 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 have any questions, please reach out!
 
Hope you're enjoy the nice spring weather!
 
 

9

New Listings

11

Active Listings

5

Under Contract

5

Closed Sales
 
 

Homes Solds

94.9%

Sale-to-List Price

$1,043,950

Average Sales Price

2.8

Months of Supply

31

Average Days on Market

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