August Bay Head & Mantoloking Market Update
If you’re thinking about selling your home (or even if you just want to keep up with the market), it's important to have a good understanding of what’s going on in the Bay Head and Mantoloking market. Though inventory is limited right now, more and more owners are placing their homes on the market at this time, soon inventory is slowly climbing, even as homes continue to sell.
Knowing the most important data such as the average sales price, the number of homes sold, and days on market will help you to better track the pulse of the market.
Our August market report showcases everything you need to know about local real estate trends. The statistics below are current averages and/or totals for Bay Head and Mantoloking combined. NOTE: There were no closings in Mantoloking in the last 30 days, Average Sale price is based solely on Bay Head closings.
$1,418,125
Average Sales Price
2.59
Months of Supply
33.9
Average Days on Market
Homes Sold
90%
Sale-to-List Price
6
New Listings
(in the last 30 days)
17
Active Listings
8
Under Contract
5
Closed Sales
(in the last 30 days)
If you want to see for yourself...
You can find all active and coming soon listings here.
What's next?
As we write this, inventory in Bay Head and Mantoloking remains limited. For the most part, homes are still selling promptly, often with multiple offer. If you are thinking about selling, the market is likely to remain in your favor for some time, but we do not know when this trend will end.
Curious about whatyour home is worth now?
Get an accurate home value report from us, or, if you have a question, just let us know!
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