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*Â Â Â Â Â Â Â Â Â 35Â Â Â Â Â Â 39Â Â Â + 11.4%
Median PXÂ Â Â Â $700KÂ Â $745KÂ +Â 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 PXÂ Â Â $555KÂ Â $570KÂ Â + 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)