Here are some of the interesting metrics for Monmouth County real estate:

 ■ The number of units sold in March fell by 8% from March 2018.

 ■ At the same time inventory improved by 1% reversing the trend.

 ■ The number of sales increased by over 21% to 607 from 500.

 ■ On the month-to-month basis, inventory jumped 5% to 3,137 from 2,999 for the month of February 2019.

 ■ The median sale price for a Monmouth County home rose by 5% from $365,000 to $385,000 on a year-to-year basis.

 ■ An encouraging sign was the boost to inventory from 4.7 months to 5.2 months.

If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.

Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.

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