Bay Head & Mantoloking Market Update - November 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.
The Bay Head and Mantoloking market remains strong, but many homes are taking a bit longer to sell. Some homes are sitting on the market for a bit, others are experiencing a price reduction prior to finding the right buyer. In a small number of instances, homes have been withdrawn from the market, unsold. 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 November 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 11/8/22, and are provided for the month just concluded.