With Memorial Day only days away, we had a good month in April and May is off to a good start as well! We are still seeing more activity at lower price points, rather than at the top end of the market, however, our oceanfront and bayfront listings continue to receive showings, and have both received recent offers. As a result, average days on market and inventory are both up in some segments of the market. We continue to see multiple offers and over asking sale prices for many properties. Our vacant land listing 88 Osborne Avenue received multiple offers, and closed $100,000 over asking price.
We also have two new listings to share, both in the heart of Bay Head - 50 Bridge Avenue is slightly east of the center of town (close to the beach), and 400 West Lake Avenue is slightly west of the center of town (but also an easy walk to the beach and town!). If you have any interest, or know someone who might be interested, please let us know.
The latest statistics can be found below.
As always, if you have any questions, please let us know.
Thank you, and have a good Memorial 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 5/19/2025.
$N/A/$2,800,000
Average Sales Price
5.7/26
Months of Supply
N/A/64
Average Days on Market
Homes Sold
N/A/93.5%
Sale-to-List Price
4/2
New Listings
11/11
Active Listings
0/2
Under Contract
0/1
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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