Monmouth and Ocean NJ Single Family Sales

Monmouth County  
Single Family Homes for October
Key Metrics        2019    2020   Change
New Listings         913     911    – 0.2%
Closed Sales        569      877     + 51.4%
DOM*                   62        44    –  29.0%
Median PX       $440K   $550K   + 25.0%
% of PX            97.4%   99.4%   + 2.1%
Inventory          3,101    1,753    – 43.5%
Months Supply    5.5       2.7     – 50.9%
*Days on Market

Ocean County
Single Family Homes for October
Key Metrics     2019    2020    Change
New Listings    983   1,175    + 20.2%
Closed Sales   766    1,092   + 42.6%
DOM*               74        45    – 39.2%
Median PX    $320K   $403K   + 25.8%
% PX Rec’d    96.9%   99.9%  + 3.1%
Inventory        3,990     1,912   – 52.1%
Month Supply    5.5       2.3    –  58.2%