Monmouth and Ocean April Sales

Monmouth County  
Single Family Homes for April
Key Metrics        2019    2020   Change
New Listings     1,270     440     – 64.5%
Closed Sales      506      491     – 3.0%
DOM*                   68        61     – 10.3%
Median PX       $429K   $485K   + 13.1%
% of PX            97.2%   97.8%  + 0.6%
Inventory          3,139    2,025     – 35.5%
Months Supply    5.5       3.7      – 22.7%
*Days on Market

Ocean County
Single Family Homes for April
Key Metrics     2019    2020    Change
New Listings   1,342     495    – 63.1%
Closed Sales    713      603    – 15.4%
DOM*                 70        70      + 0.0%
Median PX    $303K   $325K   + 7.1%
% PX Rec’d    96.8%   97.7% + 0.9%
Inventory        4,552     2,740   – 39.8%
Month Supply     6.5       3.9      – 40.0%
*Days on Market