February Bay Head & Mantoloking Market Update
If you’re thinking about selling your home (or even if you just want to keep up with the market), it's important to have a good understanding of what’s going on in the Bay Head and Mantoloking market. As you'll see from the numbers below, the available inventory for Bay Head and Mantoloking is at a record low, and prices and demand are high. As I type this, there are currently 8 homes for sale in all of Bay Head & Mantoloking.
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.
Our February market report showcases everything you need to know about local real estate trends. The statistics below are current averages for Bay Head and Mantoloking combined.
$1,783,000
Average Sales Price
1.86
Months of Supply
41
Average Days on Market
How This Past January Compares to Others...
As you can see in the chart above, the January 2021 inventory (single family homes available, per the Monmouth Ocean Regional Realtors MLS as of 2/6/21) was less than half of the typical January inventory for Bay Head and Mantoloking. If you are thinking of selling, now is the time.
Homes Sold
94.65%
Sale-to-List Price
2
New Listings (in the last 30 days)
8
Active Listings
13
Under Contract
3
Closed Sales (in the last 30 days)
