Bay Head & Mantoloking Market Update - October 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.    Though inventory is limited right now, more and more owners are placing their homes on the market at this time, and inventory is slowly climbing, even as homes continue to sell.  Having said that, a few homes have had recent price reductions, and that was somewhat uncommon 30 to 60 days ago.

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 October market report 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.

Statistics are per the Monmouth/Ocean MLS as of 10/21/21, and are provided for the month just concluded.

Average Sales Price

Months of Supply

Average Days on Market

New Listings

Active Listings

Under Contract

Closed Sales

You can find all active and coming soon listings here.

As we write this, inventory in Bay Head and Mantoloking remains limited.  For the most part, homes are still selling promptly, often with multiple offers.  In some instances, a few properties have had recent price reductions. At the moment, there is only one bayfront home for sale in all of Bay Head & Mantoloking!  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.

Get an accurate home value report from us, or, if you have a question, just let us know! 

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