Monmouth County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 940 698 – 25.7%
Closed Sales 545 439 – 19.4%
DOM* 27 39 + 44.4%
Median PX $650K $650K + 0.0%
% of PX 105.5% 101.6% – 3.7%
Inventory 1,372 1,101 – 19.8%
Months Supply 2.5 2.6 +4.0%
*Days on Market
Ocean County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 989 728 – 26.4%
Closed Sales 617 501 – 18.9%
DOM* 28 41 + 46.4%
Median PX $501K $545K + 8.7%
% PX Rec’d 104.3% 100.5% – 3.6%
Inventory 1,508 1,289 – 14.5%
Month Supply 2.2 2.6 + 18.2%
*Days on Market