Monmouth County January
Key Metrics 2016 2017 Percent Change
New Listings 799 906 + 13.4%
Closed Sales 362 440 + 21.5%
Days on Market Until Sale 91 74 – 18.7%
Median Sales Price $370,000 $406,500 + 9.9%
% of PX Received 94.8% 96.5% + 1.8%
Inventory 3,238 2,643 – 18.4%
Months Supply 6.7 4.7 – 29.9%
Ocean Single Family
Key Metrics 2016 2017 Percent Change
New Listings 1,035 1,145 +10.6%
Closed Sales 427 457 + 7.0%
Days on Market Until Sale 100 109 + 9.0%
Median Sales Price $258K $264.7K +2.3%
% of PX Received 95.2% 96.4% + 1.3%
Inventory 4,681 3,804 – 18.7%
Months Supply 9.1 6.1 – 33.0%
New Jersey Realtor report – www.njrealtor.com