We're having a good summer so far, and hope that you are too! Having said that, we are looking forward to the cooler weather in September!
Bay Head and Mantoloking had a good month in July! The market remains active, but is becoming more balance - eg - inventory is slowly returning to a more typical level in both towns. Several properties went under contract in both towns, including some of our listings. Bay Head had four closings in July, and though Mantoloking had no closings, a number of properties did go under contract. The average days on market in Bay Head is 51, which is healthy - Mantoloking's numbers would likely be similar, if there had been closings there.
In the last week of July, and now into early August, the market has seen more activity, especially at the higher end ($6,000,000+), which recently had been a bit quiet. Our listings in this price range are receiving showings, and our buyer clients have been active in this price range too.
Our listings at 1401 Ocean Avenue in Mantoloking, and at 340 Main Avenue and 50 Bridge Avenue have all recently gone under contract, and we have two new listings to share. 1559 Ocean Avenue, Mantoloking, our newest oceanfront listing, has been attracting a lot of attention, as is 1519 Runyon Lane, which has only been on the market for a few days!
Our most recent closing is at 1039 Barnegat Lane, Mantoloking - we represented the seller and the buyer in this transaction, and the property sold for more than the asking price of $3,000,000.
The latest statistics can be found below.
As always, if you have any questions, please let us know.
Thank you, and have a great Labor Day weekend!
You can search and browse all listings here. Though prices remain strong, proper pricing and marketing remain important.
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.
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: You may see that some numbers are marked 0 or NA - per the MLS there is no data for that statistic for this time period - eg - no closings, or no new listings.
NEW: If a ↑ or a ↓ accompanies a statistic, that is the direction of the trend from the previous month's number - up or down.
If you would like to talk about the market, your property, or anything else, please let us know. All conversations are confidential.
Statistics are per the Monmouth/Ocean MLS as of 8/13/2025.
$2,512,500/N/A
Average Sales Price
6.5/20
Months of Supply
51/N/A
Average Days on Market
Homes Sold
90.6%/N/A
Sale-to-List Price
4/3
New Listings
12/12
Active Listings
2/5
Under Contract
4/0
Closed Sales
Curious about whatyour home is worth now?
Get an accurate home value report from us, or, if you have another question, just let us know!
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