NJ – Monmouth & Ocean County August Sales

Monmouth County  
Single Family Homes for July
Key Metrics        2019    2020   Change
New Listings         892   1,128     + 26.5%
Closed Sales        767      869     + 13.3%
DOM*                   56        48     – 14.3%
Median PX       $455K   $540K    + 18.7%
% of PX            97.7%   99.4%   + 1.7%
Inventory          3,255    1,905     – 41.5%
Months Supply    5.1       3.1      – 46.6%
*Days on Market

Ocean County
Single Family Homes for July
Key Metrics     2019    2020    Change
New Listings   1,229   1,288    + 4.8%
Closed Sales    844    1,010     + 19.7%
DOM*                68        59      – 13.2%
Median PX    $310K   $360K   + 11.8%
% PX Rec’d    97.1%   98.9%  + 1.9%
Inventory        4,511     1,987   – 56.0%
Month Supply    6.3       2.5     – 60.3%
*Days on Market