Is Manalapan, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Manalapan was a Buyer's Market.
Housing Prices in Manalapan, FL
How much do homes in Manalapan, FL cost?
Median Sold Price
$11,949,375
$1,509/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Manalapan was $11,949,375 in April 2024, up 256.7% from last month, and the median price per square foot was $1,509.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.5M | - | N/A |
3 Bedrooms | $3.3M | $3.5M | +4.5% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $27.5M | $12.4M | -54.6% |
Summary: Manalapan housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 54.6%.
Housing Supply in Manalapan, FL
How many homes are available in Manalapan, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 21 | -12.5% |
Summary: The Manalapan real estate market had 21 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Manalapan housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Manalapan in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Manalapan, FL
How long does it take to sell a home in Manalapan, FL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 84 Days | +84.1% |
Summary: Homes in Manalapan had an average of 84 days on market in Apr 2024, up by 84.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Manalapan; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.