We hope that you had a great summer, and are looking forward to a cooler an quieter fall!
August and the first half of September have shown a reasonably busy market for Bay Head and Mantoloking! Average days on market has come down somewhat, as has the absorption rate, or supply - in short, most homes are selling sooner rather than later. We continue to see multiple offer situations, and sales over asking prices - but having said that, there have been some price reductions too. Overall, inventory is up from what it recently was - currently 22 homes in the two towns combined. As one home sells, in general, there is soon a new listing to "replace" it.
A number of our Bay Head and Mantoloking listings are under contract, and will be closing soon. We also have listing and sales under contract in Point Pleasant Beach and Brick.
Our latest news is that our listing at 50 Bridge Avenue, Bay Head, recently closed at a price of $2,000,000. Thank you and congratulations to our clients, both the sellers and the buyers.
Other news includes the recent sale of our listing at 1039 Barnegat Lane, Mantoloking, for more than the asking price of $3,000,000. Also, after a quiet stretch, there was a recent sale at Bay Point Harbour, at a price of $1,145,000 (this property was listed by an agent in our office, but we were not involved).
The latest statistics can be found below.
As always, if you have any questions, please let us know.
See you around town!
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 9/10/2025.
$4,500,000/$3,103,900
Average Sales Price
6/17
Months of Supply
33/61
Average Days on Market
Homes Sold
90%/103%
Sale-to-List Price
1/3
New Listings
12/10
Active Listings
3/0
Under Contract
1/1
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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