Bay Head & Mantoloking Today™ - January 2023
We hope that you enjoyed the holidays, and that your year is off to a good start! We have a variety of news and updates for you! Happily, all is relatively quiet in both towns - we've had a mild winter thus far, so the beaches are in good shape! Ed and Meagan now have a very cute (an unbiased opinion of course!) 4 month old Portuguese Water Dog puppy - if you'd like to see a photo of him, just reply, and let us know - his name is Bowline!
News and Events
This time of year is quiet in regards to events - everyone has winter vacations or warm weather on their minds! The usual town meetings are taking place (Bay Head Calendar | Mantoloking Calendar), but there is not much else on the calendar.
Though we've had a mild (warm) winter so far, and minimal beach erosion, we did have some very cold temperatures around Christmas, and higher than average flooding! The lows were in the single digits, and there was even sea smoke (which can be seen in this month's video)! We recently had a Coastal Flood Advisory, and the next couple of days could be stormy! This link will take you to the latest National Weather Service briefing for this storm. Note: The above link does not change - if there is a big storm forecast for our area, check this link for the latest briefing.
In other news, the summer rental market is quite healthy for 2023 - many properties are already rented, and others remain in demand. We have a brand new rental on Club Drive - 1 year old house, with a pool - never rented before, available for the last two weeks of August (only), and many other rentals can be found here.
We are also pleased to share that our company was #1 in Bay Head and Mantoloking in 2022 in regards to units and dollar volume sold. Also, personally, we are one of the top 5 teams/agents in Bay Head and Mantoloking for 2022! Thank you to our clients, friends, and family that made our success possible! (Please see this month's market update for more details and charts)
We've also created a gallery of some of Ed's local photos from the last two months, around Bay Head and Mantoloking - that can be found here.
Market
You can find our Bay Head and Mantoloking market update for January here.
Inventory remains quite limited in both towns - as of this time, there are only 5 homes for sale in Bay Head, and none in Mantoloking. Though inventory is projected to increase, slowly, no one is predicting a dramatic change in inventory. As far pricing, opinions vary, but happily, our market is special, and is somewhat resistant to change. Here are some of the industry experts' opinions on home pricing in 2023.
Also, this Saturday, we will be hosting an open house at 134 Bridge Avenue, 1pm to 3pm.
As always, you can find our current listings here, as well as a number of properties being marketed by agents in our office.
Thank you, be well, and stay warm, wherever you may be!
Suzie and Ed
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!
