A Bay Head and Mantoloking Real Estate Market Update

Though the real estate market often slows down around the holidays and as winter approaches, there continues to be activity this December.  As of the writing of this article, there aref 48 active listings in Bay Head and Mantoloking combined.  35 of these properties are homes, the other 13 are either land, or land with a Sandy-damaged home.  At this time there are 4 properties under contract according to the Multiple Listing System.  So far, in the month of December, to date, there are two properties that have sold – 1000 Barnegat Lane, Mantoloking (Bayfront) sold for $3,000,000 and 1002 Ocean Avenue, Mantoloking (between Barnegat Lane and Ocean Avenue) sold for $685,000.  If you have any questions about the Bay Head and Mantoloking real estate market, please let us know.

Thank you.