October Sales in Monmouth & Ocean Counties

Monmouth County
Single Family Homes for October
Key Metrics       2023       2024      Change
New Listings      573          571      – 0.3%
Closed Sales      443         447      + 0.9%
DOM*                   37         36      – 2.7%
Median PX        $671K    $743K  +  10.7%
% of PX           100.8%  100.9%    – 0.0%
Inventory         1,361     1,255      – 7.8%
Months Supply    3.3        3.0      – 9.1%
*Days on Market

Ocean County
Single Family Homes for October
Key Metrics       2023       2024     Change
New Listings      585        653     + 11.6%
Closed Sales     478        438    – 8.4%
DOM*                 44           41    – 9.1%
Median PX     $574K    $572K    – 0.2%
% PX Rec’d    100.2%  99.8%    – 0.4%
Inventory       1,471      1,416    – 3.7%
Month Supply   3.2       3.1      – 3.1%
*Days on Market