Monmouth and Ocean Sales

Monmouth County   Single Family Homes for February Key Metrics 2019 2020 Change New Listings 901 922 + 2.3% Closed Sales 373 355 – 4.8% DOM*      77    73 – 5.2% Median PX $410K $450K + 9.6% % of PX 96.0% 97.1% + 1.1% Inventory 2,672 2,196 – 17.8% Months Supply 4.6...

NJ February Real Estate Results

As we progressed through February, the actual and expected impacts of COVID-19 continued to grow, with concerns of economic impact reaching the stock market in the last week of the month. As the stock market declined, so did mortgage rates, offering a bad news-good...

Freehold and Manalapan Are COVID Hotspots

Monmouth County Freeholder Director Tom Arnone and Freeholder Deputy Director Sue Kiley report that there are 58 new positive cases of COVID-19 in Monmouth County bringing the total to 156 overall as of Sunday afternoon. The breakdown by town and borough: Aberdeen: 6...

Counsellors Title Office

In the light of Governor Murphy’s recent directive, Counsellors Title Agency will be open. Due to the complexity of Counsellors business, we are unable to telework or work from home. Counsellors will make its best efforts, with the minimal number of staff necessary,...

Median Home Price Jumps 8%

Existing home sales jumped in February by 6.5% on a month-to-month basis and it was up 7.2% on a year-over-year basis. In addition the high volume of homes sold cut into the available inventory, causing the homes for sale to fall to 1.47 million or 9.8% on an annual...