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*Â Â Â Â Â Â Â Â Â 26Â Â Â Â Â Â 30Â Â Â + 15.4%
Median PXÂ Â Â Â $760KÂ Â $776KÂ +Â 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 PXÂ Â Â Â $5888KÂ Â $610KÂ Â + 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.