November Sales for Monmouth and Ocean Couties

Monmouth County  
Single Family Homes for November
Key Metrics        2019    2020   Change
New Listings         545     591    + 8.4%
Closed Sales        555     683     + 23.1%
DOM*                   67        42    –  37.3%
Median PX       $452K   $560K   + 23.9%
% of PX            97.0%   99.4%   + 2.5%
Inventory          2,797    1,502    – 46.3%
Months Supply    4.9       2.2     – 55.1%
*Days on Market

Ocean County
Single Family Homes for November
Key Metrics     2019    2020    Change
New Listings    905       799   – 11.7%
Closed Sales   734       927   + 26.6%
DOM*               75        42    – 44.0%
Median PX    $330K   $405K   + 22.7%
% PX Rec’d    97.4%   100.1%  + 2.8%
Inventory        3,801     1,757   – 53.8%
Month Supply    5.2       2.1    –  59.6%