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Brielle Market Update - July 2023

Edwin (Ed) O’Malley

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...

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...

Jul 6 2 minutes read

In the month of June, there were 7 closings in Brielle, and 7 new listings.  Four properties also went under contract.  

Average days on market (11) went down quite a bit, from 76 days the previous month.

Months of supply has increased to 2 months (the number of months required for available inventory to be sell).

Inventory remains limited, and nearly all of the above numbers are far lower than they were for the month of June 2022 (many are roughly have what they were last year).  

Having said that, whether buying or selling, the market is still active and healthy!

When properly priced and marketed, homes continue to sell quite readily. 

Our market report showcases everything you need to know about local real estate trends.  All statistics are for the month just completed, per the MLS as of 7/7/23.  

NOTE: 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 have any questions about the market, or are talking about selling or buying, please reach out!  

 Suzie & Ed

7 ↑

New Listings

10↑

Active Listings

4

Under Contract

7

Closed Sales


Homes Sold

104.3%

Sale-to-List Price


$1,523,564 ↑ 

Average Sales Price

2

Months of Supply

11

Average Days on Market

Curious about what
your home is worth now?

Get an accurate home value report from our team, or if you have any other question, just let us know! 

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