$3,199,000
8 Beds
•8 Full Baths, 1 Partial
Kerrin O'Brien, Listing Office: O'Brien Realty, LLC
Is 07739, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 07739 was a Buyer's Market.
Key Takeaway
07739 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07739, NJ
How much do homes in 07739, NJ cost?
Median Sold Price
$918,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+0.3%)
Key Takeaway
The sold price of homes in 07739 has remained the same since last year.
Summary: The median home sold price in 07739 was $918,000 in October 2024, up 0.3% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $279.9K | N/A |
| 2 Bedrooms | $523K | $560K | +7.1% |
| 3 Bedrooms | $670K | $862.5K | +28.7% |
| 4 Bedrooms | $999.9K | $1.1M | +19.5% |
| 5+ Bedrooms | $2.0M | $1.4M | -27.8% |
Summary: 07739 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 28.7%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes decreased by 27.8%.
Housing Supply in 07739, NJ
How many homes are available in 07739, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The 07739 real estate market had 23 homes for sale in October 2024, a 11.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 07739 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 07739, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 07739 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 07739, NJ
How long does it take to sell a home in 07739, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 23 Days | +245.0% |
Summary: Homes in 07739 had an average of 23 days on market in Oct 2024, up by 245% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 07739 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 07739; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.