Monmouth County
Single Family Homes for July
Key Metrics 2024 2025 Change
New Listings 788 676 – 14.2%
Closed Sales 535 492 – 8.0%
DOM* 26 30 + 15.4%
Median PX $760K $776K + 2.1%
% of PX 103.2% 101.5% – 1.6%
Inventory 1,185 1,138 – 4.0%
Months Supply 3.0 2.7 – 10.0%
*Days on Market
Takeaway: Monmouth’s market is constrained by low inventory, which is keeping prices up even as demand cools slightly. Homes are taking longer to sell and sellers are seeing less of a premium over asking. It’s a maturing seller’s market, with some early buyer resistance showing.
Ocean County
Single Family Homes for July
Key Metrics 2024 2025 Change
New Listings 757 824 + 8.5%
Closed Sales 544 530 – 2.6%
DOM* 39 37 – 5.1%
Median PX $5888K $610K + 3.7%
% PX Rec’d 99.9% 100.1% + 0.2%
Inventory 1,302 1,492 + 14.6%
Month Supply 3.9 3.6 + 10.0%
*Days on Market
Takeaway: Ocean’s market has more balance than Monmouth. Inventory growth is giving buyers more choice, but demand is still strong enough to support faster sales and price growth. It’s shifting toward a more sustainable equilibrium, with less pressure on buyers than Monmouth.
Side-by-Side Comparison
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Monmouth = tightening inventory, slowing sales, modest price growth → constrained seller’s market.
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Ocean = rising inventory, steady sales pace, stronger price gains → transitioning toward balance.