Monmouth & Ocean February Sales

Monmouth County  
Single Family Homes for February
Key Metrics        2020    2021   Change
New Listings         920     596    –35.2%
Closed Sales        357     444     + 24.4%
DOM*                   73        52    –  28.8%
Median PX       $450K   $549K   + 22.0%
% of PX            97.4%   99.4%   + 2.1%
Inventory          2,471    1,060    – 57.1%
Months Supply    4.3       1.6     – 62.8%
*Days on Market

Ocean County
Single Family Homes for February
Key Metrics     2020    2021    Change
New Listings   1,177      684   – 41.9%
Closed Sales    531       565   +  6.4%
DOM*               84         49    – 41.7%
Median PX    $315K   $391K  + 24.1%
% PX Rec’d    97.1%    99.5%  + 2.5%
Inventory        3,336     1,161   – 65.2%
Month Supply    4.5       1.3    –  71.1%
*Days on Market