$799,000
3 Beds
•1 Full Bath, 2 Partial
Pascale Coppola, Listing Office: Heritage House Sotheby's International Realty
October 2024
Report Updated 11 Days Ago
Is 07716, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 07716 has remained a Seller's Market.
How much do homes in 07716, NJ cost?
$667,000
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 07716 was $667,000 in October 2024, down 1.2% from last year, and the median price per square foot was $378.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $235K | $250K | +6.4% |
2 Bedrooms | $447.5K | $494K | +10.4% |
3 Bedrooms | $652K | $646.5K | -0.8% |
4 Bedrooms | $799.9K | $805K | +0.6% |
5+ Bedrooms | $1.0M | $1.1M | +8.1% |
Summary: 07716 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 8.1%.
How many homes are available in 07716, NJ?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
34 | 30 | -11.8% |
Summary: The 07716 real estate market had 30 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 15 | 11 | -26.7% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 07716 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 28.6%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 07716 in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
How long does it take to sell a home in 07716, NJ?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
29 Days | 22 Days | -22.2% |
Summary: Homes in 07716 had an average of 22 days on market in Oct 2024, down by 22.2% compared to last year.
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 6 homes were sold in 07716; 83% of homes were sold within 30 days, 17% 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 11 Days Ago
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Based on information from Monmouth Ocean Regional MLS, ALL JERSEY MLS, and BrightMLS for the period 11/01/2022 - 11/01/2024
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: 11/12/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/12/2024, 2:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. 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: 11/12/2024, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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