Bay Head & Mantoloking Market Update - January 2023
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.
There have been recent closings in Bay Head and Mantoloking since our last update, but inventory remains limited. There are currently (as of 1/9/23) no homes for sale in Mantoloking, and only 5 in Bay Head. Traditionally, as we head into spring, inventory increases. If you are considering selling your home, now could be a good time, due to the mild winter thus far, and the lack of competition from other properties.
As you'll notice, many of the stats below are marked N/A due to inactivity. You can search and browse all listings here. Though prices remain high, proper pricing and marketing remain important. Please scroll down to see our company's waterfront and water view sales volume for 2022, and our historic sales volume for Bay Head and Mantoloking since 1985.
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 January 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 1/9/23, and are provided for the month just concluded.