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Brielle Market Update - August 2024

Here are the current trends for the Brielle, New Jersey market as we head towards Labor Day and the end of the summer.
Edwin (Ed) O’Malley  |  August 5, 2024
Activity in the Brielle real estate market has increased through July into August - in July there were 6 new listings, 7 closings, and 6 properties went under contract. Average days on market has dropped quite a bit from 107 to 45, and the ratio of list price to sale price has increased from July to August, from 87.7%, to 94.4%. Inventory remains high too, with 11 active listings in July.
 
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 8/5/24.
 
NOTE: If a ↑ or a ↓ accompanies a statistic, that is the direction of the trend from the previous month's number - up or down.
 
Please reach out to us with your questions.
 
 

6

New Listings

11

Active Listings

6

Under Contract

7

Closed Sales
 
 

Homes Solds

94.4%

Sale-to-List Price

$1,622,500

Average Sales Price

3.1

Months of Supply

45

Average Days on Market

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