Bay Head & Mantoloking Market Update - December 2021
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. Inventory remains limited in both towns, but that will likely change after the first of the year. The most recent closing in Bay Head was our listing at 526 East Avenue, at a price of $4,100,000.
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 December market update showcases everything you need to know about local real estate trends. Note that we are now providing town statistics in a new format. The number before the slash (/) is for Bay Head, the number after the slash is for Mantoloking. This way, we can provide you with more detailed information. NOTE: This month, you will see that many of Mantoloking's numbers are marked 0 or N/A - there were no closings in Mantoloking in November per the MLS.
Statistics are per the Monmouth/Ocean MLS as of 12/16/21, and are provided for the month just concluded.
$1,105,000/N/A
Average Sales Price
2.3/2.6
Months of Supply
23/N/A
Average Days on Market
Homes Sold
89.3/N/A
Sale-to-List Price
1/0
New Listings
6/4
Active Listings
4/2
Under Contract
2/0
Closed Sales
If you want to see for yourself...
You can find all active and coming soon listings here.
What's next?
Inventory remains scarce in Bay Head and Mantoloking, and most homes continue to sell quickly. If you are thinking about selling, regardless of location, the market is likely to remain in your favor for some time, but we do not know when this trend will end. Happily, most industry news sources point to a strong market in 2022! Stay healthy, and enjoy the holidays!
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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