Fall is off to a good start in Brielle, with more market activity in September than in August - more new listings, more properties under contract, and more closings to! Average days on market remains healthy at 37, and the absorption rate (also known as supply) is at 3.4 months. All in all, Brielle is returning to a more balanced market - eg - reasonable amount of inventory (as opposed to limited inventory), with homes selling within 30 to 90 days in many cases. Not long ago, we had a very competitive market, with homes selling quickly, often with multiple offers - this still happens, but not as often as it recently did.
If you are thinking of selling, or have questions about the value of your property, or anything else, 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 10/7/24.
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.
9
New Listings
14
Active Listings
7
Under Contract
4
Closed Sales
Homes Solds
100.7%
Sale-to-List Price
$1,086,250
Average Sales Price
3.4
Months of Supply
37
Average Days on Market
