Monmouth County Single Family Prices Up 8.8%

Ocean County
Single Family November 2018
Key Market Metrics 2017 2018 Change
■ New Listings: 819 885 +8.1%
■ Closed Sales 584 665 + 13.9%
■ DOM* 86 84 – 2.3%
■ Median Px $305K $310K + 1.5%
■ % of Px Rec’d 96.3% 96.7% + 0.4%
■ Inventory 4,201 4,026 – 4.2%
■ Months of Inventory 6.6 6.1 – 7.6%
* Days on Market Until Sale

Monmouth County
Single Family November 2018
Key Market Metrics 2017 2018 Change
■ New Listings 696 625 – 10.2%
■ Closed Sales 578 507 – 12.3%
■ DOM* 64 60 – 6.3%
■ Median Px $400K $435K + 8.8%
■ % of Px Rec’d 97.3% 98.0% + 0.7%
■ Inventory 3,011 2,467 – 18.1%
■ Months of Inventory 5.1 4.2 – 17.6%
* Days on Market Until Sale

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