Bay Head & Mantoloking Market Update - December 2022
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.
As is often the case, the market in Bay Head and Mantoloking has slowed down a bit as we approach the holidays. This is also in part due to the fact that inventory is quite low in both towns. There are currently 14 single family homes for sale in the two towns combined. As you'll notice, many of the stats below are marked N/A due to inactivity. Having said that, our recent listing at 513 Club Drive, Bay Head, received over 20 showings in its first week on the market! You can search and browse all listings here. Though prices remain high, 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.
Our December market update 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. 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 12/6/22, and are provided for the month just concluded.