Bay Head and Mantoloking Market Update - December 2020
Suzanne (Suzie) Van Schoick
Suzanne B. Van Schoick (Suzie Van) is a life-long, year-round resident of Bay Head...
Suzanne B. Van Schoick (Suzie Van) is a life-long, year-round resident of Bay Head...
Homes Sold
96.1%
Sale-to-List Price
1
New Listing
(in the last 30 days)
15
Under Contract
12
Active Listings
7
Closed Sales
(in the last 30 days)
In summary
You can see from the statistics above that things been quite busy - inventory is low, and demand is high. Having only 12 homes for sale in Bay Head and Mantoloking is probably a record low. Having said that, the dollar volume of listings sold in 2019 was just over $119,000,000. In 2020, year-to-date, the dollar volume of listings sold is almost $188,000,000 - a change of just over 57%. Contrary to what one might expect, the market has remained strong during these unusual times.