$1,879,000
2,385 SqFt
5 Beds
•3 Full Baths
Santo Dalmazio, Listing Office: American Realty Associates
November 2024
Report Updated 22 Days Ago
Is 07704, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 07704 has remained a Seller's Market.
How much do homes in 07704, NJ cost?
$1,450,000
$593/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in 07704 was $1,450,000 in November 2024, up 13.7% from last year, and the median price per square foot was $593.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $686.7K | $815K | +18.7% |
3 Bedrooms | $926.5K | $1.0M | +17.2% |
4 Bedrooms | $1.3M | $1.4M | +11.5% |
5+ Bedrooms | $2.0M | $1.7M | -17.1% |
Summary: 07704 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 17.1%.
How many homes are available in 07704, NJ?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The 07704 real estate market had 15 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 07704 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 07704 in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
How long does it take to sell a home in 07704, NJ?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
16 Days | 29 Days | +77.0% |
Summary: Homes in 07704 had an average of 29 days on market in Nov 2024, up by 77% compared to last year.
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2024, 4 homes were sold in 07704; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 22 Days Ago
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See More ListingsMLS Disclaimers and Copyright
Based on information from Monmouth Ocean Regional MLS for the period 12/01/2022 - 12/01/2024
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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