Ocean & Monmouth County January 2018 Results
OCEAN COUNTY JANUARY 2018
Single Family January 2018
Key Market Metrics 2017 2018 Change
■ New Listings 1,125 991 – 11.9%
■ Closed Sales 462 448 – 3.0%
■ DOM* 110 88 – 20.0%
■ Median Px $264K $300K +1 3.6%
■ % of Px Rec’d 96.3% 95.7% – 0.6%
■ Inventory 4,163 3,474 – 16.6%
■ Months of Inventory 6.7 5.4 – 19.4%
* Days on Market Until Sale
Monmouth County
Single Family January 2018
Key Market Metrics 2017 2018 Change
■ New Listings 907 793 – 12.5%
■ Closed Sales 440 445 + 1.1%
■ DOM* 74 74 0.0%
■ Median Px $406.5K $400K – 1.6%
■ % of Px Rec’d 96.5% 96.5% – 0.0%
■ Inventory 2,973 2,284 – 23.2%
■ Months of Inventory 5.4 3.7 – 31.5%
* Days on Market Until Sale