Bay Head & Mantoloking Today™ - February 2022

As a life-long, year-round resident of the Bay Head and Mantoloking area, Ed combines his outstanding local knowledge and connections with his 20 year...

Bay Head & Mantoloking Today™ - February 2022

We hope that you’re having a good winter, and that you’re looking forward to Spring! It seems like we’re all having unseasonably warm or cold whether, regardless of where we are in the country! We have had temperatures in the 60s here in Bay Head and Mantoloking, and have heard of near freezing temperatures in Florida!

In a recent article, Mantoloking was ranked as the “safest small town in New Jersey!”

The video below includes our monthly update about the market, all that is going in in Bay Head and Mantoloking, and a bit of local scenery. We hope that you enjoy it! If you have any questions, please let us know!

Events

Events right now are relatively few and far between, but just a few months away is the Seaweeders’ Garden Tour, Boutique, and Luncheon. It will be held on June 16th from 10am to 3pm. Please contact (631) 786-783 for details, or ask a Seaweeder!

Meetings

Many meetings remain online, while others are also in person – the best source of information right now is the town websites – check for frequent updates and changes. Bay Head and Mantoloking both offer “dial-in” options for the public to attend many of their meetings. Zoom connections are also offered, and the details are generally shared with the meeting notices.

If you can’t find an answer to your question, please let us know.

Bay Head | Mantoloking

Market

The market remains active, but inventory remains limited. Most homes coming on the market are selling quite quickly. National Association of Realtors statistics show that

“79% of homes sold in January 2022 were on the market for less than a month.”

Recently two homes in Bay Head went under contract quite quickly – one in a weekend – Friday to Monday – the other in about 13 days.

At the moment there are 7 homes for sale in Bay Head and Mantoloking combined. Currently there are 7 homes under contract in Bay Head and Mantoloking. Happily, a number of these transactions are our listings or sales, and many of the others involve agents in our office or company. There have been 3 closings in the last 30 days in the two towns combined. One closing was of our listing at 202 Park Avenue, and the other two were listed and/or sold by agents in our office and company.

Further details and discussion can be found in our February Market Update, and in this article quoting industry experts at the national level.

As always, our current listings can be found on our website.

If someone you know might enjoy these updates or find them useful, please let us know, or have them contact us.

Stay safe and warm, and we look forward to seeing you in the spring!

THANK YOU!

Ed and Suzie

All statistics are per the Monmouth/Ocean MLS as of 2/24/22.

If you have a question, please reach out!

We would be happy to answer any questions you may have - about the market, your property, or what is going on in town!

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Bay Head & Mantoloking Today™ - February 2022

Edwin (Ed) O’Malley