Monmouth County
Single Family Homes for November
Key Metrics 2023 2024 Change
New Listings 443 414 – 6.5%
Closed Sales 347 444 + 28.0%
DOM* 35 39 + 11.4%
Median PX $700K $745K + 6.4%
% of PX 101.2% 100.5% – 0.7%
Inventory 1,295 1,089 – 15.1%
Months Supply 3.2 2.6 – 18.8%
*Days on Market
Ocean County
Single Family Homes for November
Key Metrics 2023 2024 Change
New Listings 488 531 + 8.8%
Closed Sales 438 481 + 9.8%
DOM* 45 42 – 6.7%
Median PX $555K $570K + 2.7%
% PX Rec’d 99.7% 99.6% – 0.1%
Inventory 1,397 1,358 – 2.8%
Month Supply 3.1 3.0 – 3.2%
*Days on Market
Here’s a summary of the key metrics for single-family homes in Monmouth and Ocean Counties for November:
Monmouth County
- New Listings: Decreased by 6.5% (443 in 2023 to 414 in 2024)
- Closed Sales: Increased by 28.0% (347 in 2023 to 444 in 2024)
- Days on Market (DOM): Increased by 11.4% (35 days in 2023 to 39 days in 2024)
- Median Price: Increased by 6.4% ($700K in 2023 to $745K in 2024)
- Percentage of Price Received: Decreased by 0.7% (101.2% in 2023 to 100.5% in 2024)
- Inventory: Decreased by 15.1% (1,295 in 2023 to 1,089 in 2024)
- Months Supply: Decreased by 18.8% (3.2 months in 2023 to 2.6 months in 2024)
Ocean County
- New Listings: Increased by 8.8% (488 in 2023 to 531 in 2024)
- Closed Sales: Increased by 9.8% (438 in 2023 to 481 in 2024)
- Days on Market (DOM): Decreased by 6.7% (45 days in 2023 to 42 days in 2024)
- Median Price: Increased by 2.7% ($555K in 2023 to $570K in 2024)
- Percentage of Price Received: Decreased by 0.1% (99.7% in 2023 to 99.6% in 2024)
- Inventory: Decreased by 2.8% (1,397 in 2023 to 1,358 in 2024)
- Months Supply: Decreased by 3.2% (3.1 months in 2023 to 3.0 months in 2024)