Bay Head & Mantoloking Market Update - June 2023
Inventory remains limited in Bay Head and Mantoloking - there were 4 closings in the two towns combined last month, and there are 6 new listings to replace them. Most of the activity is below $2,000,000, but two of the closings were on East Avenue, in the $4,000,000s. Just a few days ago, our listing at 134 Bridge Avenue closed at a price of $2,035,000. Some listings are selling quickly, but, at the higher end of the market, there is less activity, with only a few exceptions.
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 6/6/23, and are provided for the month just concluded.