New Jersey Real Estate Statistics
Below are the real estate statistics for Monmouth County and Ocean County New Jersey
for the 1st quarter of 2005 and 2006. We started with Monmouth and Ocean but we plan on
doing Mercer County, Burlington County, Middlesex County, Passaic County, Camden County, Bergen County,
Hudson County, Essex County and Union County. Check back soon.
First are the overall numbers with the percentage of change between the two years, then
the breakdown by township. If you have questions, or would like additional information,
please feel free to call us 732-364-2015 and ask for Cy Yablonsky.
Search New Jersey Homes for Sale
| Total Closed |
Monmouth |
Ocean |
| Closed 1st Q 2005 |
1,128 |
1,100 |
| Closed 1st Q 2006 |
1,047 |
891 |
| % Changed |
-7.18% |
-19.00% |
|
|
|
|
|
|
| New Construction Closed |
|
|
| Closed 1st Q 2005 |
67 |
90 |
| Closed 1st Q 2006 |
77 |
58 |
| % Changed |
14.93% |
-35.56% |
|
|
|
|
|
|
| Waterfront Closed |
|
|
| Closed 1st Q 2005 |
32 |
100 |
| Closed 1st Q 2006 |
21 |
94 |
| % Changed |
-34.38% |
-6.00% |
|
|
|
|
|
|
| Total Expired Listings |
|
|
| 1st Q 2005 |
463 |
447 |
| 1st Q 2006 |
690 |
790 |
| % Changed |
49.03% |
76.73% |
|
|
|
|
|
|
| Avg Days on Market |
|
|
| 1st Q 2005 |
78 |
77 |
| 1st Q 2006 |
81 |
81 |
| % Changed |
3.85% |
5.19% |
|
|
|
|
|
|
| Closed Median Price |
|
|
| 1st Q 2005 |
$410,000 |
$334,000 |
| 1st Q 2006 |
$425,000 |
$302,000 |
| % Changed |
3.66% |
-9.58% |
Note from Cy Yablonsky: It's interesting to note in Monmouth County that even though houses are
on the market longer and with less turnover the prices still have gone up.
Monmouth County NJ 1st Quarter '05 & '06 |
|
|
|
|
|
|
|
|
| Area |
# of Sales 1st Q 05 |
# of Sales 1st Q 06 |
% Change |
1st Q 05 Total Sales |
1st Q 06 Total Sales |
% Change |
1st Q 05 Avg Sales |
1st Q 06 Avg Sales |
% Change |
| ABERDEEN |
43 |
40 |
-6.98% |
$14,350,000 |
$13,728,200 |
-4.33% |
$333,721 |
$343,205 |
2.84% |
| ALLENTOWN |
3 |
3 |
0.00% |
$1,089,000 |
$1,048,000 |
-3.76% |
$363,000 |
$349,333 |
-3.77% |
| ASBURY PARK |
23 |
16 |
-30.43% |
$7,155,900 |
$4,274,300 |
-40.27% |
$311,126 |
$267,144 |
-14.14% |
| ATLANTIC HIGHLANDS |
12 |
7 |
-41.67% |
$6,306,000 |
$4,273,000 |
-32.24% |
$525,500 |
$610,429 |
16.16% |
| AVON-BY-THE-SEA |
6 |
3 |
-50.00% |
$6,587,500 |
$3,175,000 |
-51.80% |
$1,097,917 |
$1,058,333 |
-3.61% |
| BELMAR |
18 |
15 |
-16.67% |
$13,011,000 |
$10,125,500 |
-22.18% |
$722,833 |
$675,033 |
-6.61% |
| BRADLEY BEACH |
7 |
9 |
28.57% |
$3,099,500 |
$4,554,611 |
46.95% |
$442,786 |
$506,068 |
14.29% |
| BRIELLE |
11 |
10 |
-9.09% |
$6,405,557 |
$6,586,900 |
2.83% |
$582,323 |
$658,690 |
13.11% |
| COLTS NECK |
16 |
19 |
18.75% |
$20,335,100 |
$15,786,500 |
-22.37% |
$1,270,944 |
$830,868 |
-34.63% |
| EATONTOWN |
26 |
16 |
-38.46% |
$10,622,990 |
$5,720,400 |
-46.15% |
$408,577 |
$357,525 |
-12.50% |
| ENGLISHTOWN |
5 |
3 |
-40.00% |
$1,879,000 |
$1,133,000 |
-39.70% |
$375,800 |
$377,667 |
0.50% |
| FAIR HAVEN |
23 |
13 |
-43.48% |
$14,982,899 |
$8,320,000 |
-44.47% |
$651,430 |
$640,000 |
-1.75% |
| FARMINGDALE |
1 |
1 |
0.00% |
$256,000 |
$280,000 |
9.38% |
$256,000 |
$280,000 |
9.38% |
| FREEHOLD BORO |
23 |
19 |
-17.39% |
$6,945,055 |
$6,668,900 |
-3.98% |
$301,959 |
$350,995 |
16.24% |
| FREEHOLD TWP |
40 |
41 |
2.50% |
$19,551,290 |
$23,354,405 |
19.45% |
$488,782 |
$569,620 |
16.54% |
| HAZLET |
40 |
44 |
10.00% |
$12,675,400 |
$14,723,500 |
16.16% |
$316,885 |
$334,625 |
5.60% |
| HIGHLANDS |
7 |
9 |
28.57% |
$2,654,795 |
$3,236,800 |
21.92% |
$379,256 |
$359,644 |
-5.17% |
| HOLMDEL |
27 |
27 |
0.00% |
$19,868,300 |
$25,110,800 |
26.39% |
$735,863 |
$930,030 |
26.39% |
| HOWELL |
82 |
109 |
32.93% |
$32,052,755 |
$43,270,432 |
35.00% |
$390,887 |
$396,976 |
1.56% |
| INTERLAKEN |
2 |
1 |
-50.00% |
$1,542,000 |
$730,000 |
-52.66% |
$771,000 |
$730,000 |
-5.32% |
| KEANSBURG |
29 |
30 |
3.45% |
$5,587,550 |
$6,726,400 |
20.38% |
$192,674 |
$224,213 |
16.37% |
| KEYPORT |
7 |
15 |
114.29% |
$2,094,000 |
$4,731,397 |
125.95% |
$299,143 |
$315,426 |
5.44% |
| LAKE COMO |
8 |
7 |
-12.50% |
$3,080,500 |
$2,184,000 |
-29.10% |
$385,063 |
$312,000 |
-18.97% |
| LITTLE SILVER |
13 |
16 |
23.08% |
$7,883,000 |
$16,231,500 |
105.91% |
$606,385 |
$1,014,469 |
67.30% |
| LONG BRANCH |
37 |
24 |
-35.14% |
$13,579,700 |
$10,140,260 |
-25.33% |
$367,019 |
$422,511 |
15.12% |
| MANALAPAN |
73 |
76 |
4.11% |
$35,395,750 |
$43,292,738 |
22.31% |
$484,873 |
$569,641 |
17.48% |
| MANASQUAN |
10 |
14 |
40.00% |
$5,742,400 |
$11,554,500 |
101.21% |
$574,240 |
$825,321 |
43.72% |
| MARLBORO |
51 |
37 |
-27.45% |
$29,189,300 |
$24,746,322 |
-15.22% |
$572,339 |
$668,820 |
16.86% |
| MATAWAN |
23 |
7 |
-69.57% |
$8,024,800 |
$3,085,500 |
-61.55% |
$348,904 |
$440,786 |
26.33% |
| MIDDLETOWN |
116 |
113 |
-2.59% |
$53,241,488 |
$54,612,099 |
2.57% |
$458,978 |
$483,293 |
5.30% |
| MILLSTONE(MON) |
18 |
14 |
-22.22% |
$12,955,699 |
$9,708,900 |
-25.06% |
$719,761 |
$693,493 |
-3.65% |
| MONMOUTH BEACH |
12 |
7 |
-41.67% |
$11,375,800 |
$7,665,900 |
-32.61% |
$947,983 |
$1,095,129 |
15.52% |
| NEPTUNE CITY |
14 |
8 |
-42.86% |
$3,721,000 |
$2,232,500 |
-40.00% |
$265,786 |
$279,063 |
5.00% |
| NEPTUNE TWP |
60 |
51 |
-15.00% |
$17,861,839 |
$18,991,150 |
6.32% |
$297,697 |
$372,375 |
25.09% |
| OCEAN(MON) |
40 |
33 |
-17.50% |
$17,543,190 |
$16,032,850 |
-8.61% |
$438,580 |
$485,844 |
10.78% |
| OCEANPORT |
10 |
11 |
10.00% |
$5,368,250 |
$5,954,500 |
10.92% |
$536,825 |
$541,318 |
0.84% |
| RED BANK |
17 |
30 |
76.47% |
$6,681,900 |
$11,733,000 |
75.59% |
$393,053 |
$391,100 |
-0.50% |
| RUMSON |
21 |
19 |
-9.52% |
$29,045,000 |
$23,926,400 |
-17.62% |
$1,383,095 |
$1,259,284 |
-8.95% |
| SEA GIRT |
10 |
4 |
-60.00% |
$16,985,000 |
$7,674,000 |
-54.82% |
$1,698,500 |
$1,918,500 |
12.95% |
| SHREWSBURY BORO |
6 |
5 |
-16.67% |
$2,424,000 |
$3,484,000 |
43.73% |
$404,000 |
$696,800 |
72.48% |
| SPRING LK HEIGHTS |
5 |
7 |
40.00% |
$3,014,498 |
$4,100,750 |
36.03% |
$602,900 |
$585,821 |
-2.83% |
| SPRING LAKE |
15 |
6 |
-60.00% |
$25,269,500 |
$9,135,800 |
-63.85% |
$1,684,633 |
$1,522,633 |
-9.62% |
| TINTON FALLS |
20 |
14 |
-30.00% |
$9,555,791 |
$6,155,400 |
-35.58% |
$477,790 |
$439,671 |
-7.98% |
| UNION BEACH |
24 |
14 |
-41.67% |
$6,121,300 |
$4,183,900 |
-31.65% |
$255,054 |
$298,850 |
17.17% |
| UPPER FREEHOLD |
13 |
14 |
7.69% |
$6,472,900 |
$9,237,000 |
42.70% |
$497,915 |
$659,786 |
32.51% |
| WALL |
44 |
47 |
6.82% |
$23,470,849 |
$25,175,190 |
7.26% |
$533,428 |
$535,642 |
0.42% |
| WEST LONG BRANCH |
8 |
15 |
87.50% |
$3,702,500 |
$6,449,800 |
74.20% |
$462,813 |
$429,987 |
-7.09% |
| Total |
1,127 |
1,047 |
-7.10% |
$572,439,945 |
$550,148,004 |
-3.89% |
$507,933 |
$525,452 |
3.45% |
Ocean County NJ 1st Quarter '05 & '06
| Area |
# of Sales 1st Q 05 |
# of Sales 1st Q 06 |
% Change |
Total Sales 1st Q 05 |
Total Sales 1st Q 06 |
% Change |
Avg Sales 1st Q 05 |
Avg Sales 1st Q 06 |
% Change |
| BARNEGAT |
38 |
26 |
-31.58% |
$9,438,965 |
$7,555,750 |
-19.95% |
$248,394 |
$290,606 |
16.99% |
| BAY HEAD |
5 |
8 |
60.00% |
$7,940,500 |
$13,072,000 |
64.62% |
$1,588,100 |
$1,634,000 |
2.89% |
| BERKELEY |
72 |
60 |
-16.67% |
$24,313,306 |
$21,438,965 |
-11.82% |
$337,685 |
$357,316 |
5.81% |
| BEACHWOOD |
29 |
29 |
0.00% |
$7,552,540 |
$7,503,700 |
-0.65% |
$260,432 |
$258,748 |
-0.65% |
| BRICK |
178 |
143 |
-19.66% |
$65,547,593 |
$61,270,899 |
-6.52% |
$368,245 |
$428,468 |
16.35% |
| DOVER(OCN) |
230 |
191 |
-16.96% |
$84,936,975 |
$74,652,365 |
-12.11% |
$369,291 |
$390,850 |
5.84% |
| ISLAND HEIGHTS |
4 |
6 |
50.00% |
$1,296,000 |
$2,519,900 |
94.44% |
$324,000 |
$419,983 |
29.62% |
| JACKSON |
106 |
68 |
-35.85% |
$39,194,488 |
$31,550,761 |
-19.50% |
$369,759 |
$463,982 |
25.48% |
| LACEY |
92 |
90 |
-2.17% |
$27,349,902 |
$29,174,240 |
6.67% |
$297,282 |
$324,158 |
9.04% |
| LAVALLETTE BORO |
1 |
5 |
400.00% |
$905,000 |
$7,100,000 |
684.53% |
$905,000 |
$1,420,000 |
56.91% |
| LITTLE EGG HARBOR |
25 |
24 |
-4.00% |
$6,516,000 |
$7,168,500 |
10.01% |
$260,640 |
$298,688 |
14.60% |
| LAKEHURST |
10 |
5 |
-50.00% |
$1,961,650 |
$1,164,000 |
-40.66% |
$196,165 |
$232,800 |
18.68% |
| LAKEWOOD |
62 |
34 |
-45.16% |
$20,716,600 |
$12,811,137 |
-38.16% |
$334,139 |
$376,798 |
12.77% |
| LONG BEACH |
2 |
1 |
-50.00% |
$1,719,000 |
$975,000 |
-43.28% |
$859,500 |
$975,000 |
13.44% |
| MANCHESTER |
37 |
46 |
24.32% |
$10,296,100 |
$14,866,101 |
44.39% |
$278,273 |
$323,176 |
16.14% |
| MANTOLOKING |
3 |
7 |
133.33% |
$5,270,000 |
$25,304,370 |
380.16% |
$1,756,667 |
$3,614,910 |
105.78% |
| OCEAN GATE |
13 |
2 |
-84.62% |
$3,286,700 |
$585,000 |
-82.20% |
$252,823 |
$292,500 |
15.69% |
| OCEAN(OCN) |
29 |
18 |
-37.93% |
$6,694,600 |
$5,696,400 |
-14.91% |
$230,848 |
$316,467 |
37.09% |
| PINE BEACH |
5 |
5 |
0.00% |
$1,342,000 |
$1,732,519 |
29.10% |
$268,400 |
$346,504 |
29.10% |
| PLUMSTED |
17 |
12 |
-29.41% |
$5,905,800 |
$4,357,500 |
-26.22% |
$347,400 |
$363,125 |
4.53% |
| POINT PLEASANT BEACH |
15 |
19 |
26.67% |
$11,319,050 |
$11,314,399 |
-0.04% |
$754,603 |
$595,495 |
-21.08% |
| POINT PLEASANT |
46 |
35 |
-23.91% |
$23,648,451 |
$14,691,450 |
-37.88% |
$514,097 |
$419,756 |
-18.35% |
| SEASIDE HEIGHTS |
6 |
4 |
-33.33% |
$1,775,200 |
$1,464,088 |
-17.53% |
$295,867 |
$366,022 |
23.71% |
| SEASIDE PARK |
8 |
3 |
-62.50% |
$4,692,500 |
$2,305,000 |
-50.88% |
$586,563 |
$768,333 |
30.99% |
| STAFFORD |
45 |
32 |
-28.89% |
$14,684,619 |
$10,380,300 |
-29.31% |
$326,325 |
$324,384 |
-0.59% |
| SOUTH TOMS RIVER |
16 |
14 |
-12.50% |
$3,358,250 |
$3,039,000 |
-9.51% |
$209,891 |
$217,071 |
3.42% |
| TUCKERTON |
1 |
3 |
200.00% |
$325,000 |
$798,000 |
145.54% |
$325,000 |
$266,000 |
-18.15% |
| Total |
1,100 |
891 |
-19.00% |
$395,214,689 |
$375,961,844 |
-4.87% |
$359,286 |
$421,955 |
17.44% | |
