August Sales Monmouth & Ocean

Monmouth County
Single Family Homes for August
Key Metrics    2018   2019   Change
New Listings  973   894   – 8.1%
Closed Sales     827  761    – 8.0%
DOM*              52        56    + 7.7%
Median PX     $465K  $455K  – 2.2%
% of PX      97.9%   97.7%  – 0.2%
Inventory     3,312  2,911   – 12.1%
Months Supply 5.5  5.1      – 5.4%
*Days on Market

Ocean County
Single Family Homes for August
Key Metrics      2018     2019    Change
New Listings    1,331     1,235    – 7.2%
Closed Sales       907      843     – 7.1%
DOM*                67         68        + 1.6%
Median PX      $305K    $330K    + 8.2%
% PX Rec’d     97.1%     97.1%        0.0%
Inventory       4,978     4,188      – 15.9%
Month Supply   7.4         5.8      – 21.6%
*Days on Market

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