Is Atlantic Highlands, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic Highlands is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Atlantic Highlands has remained a Seller's Market.

Key Takeaway

Atlantic Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atlantic Highlands, NJ

How much do homes in Atlantic Highlands, NJ cost?

Median Sold Price

$667,000

$387/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$18,000(-2.6%)

Key Takeaway

Homes in Atlantic Highlands have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Atlantic Highlands was $667,000 in November 2024, down 2.6% from last year, and the median price per square foot was $387.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$250.5K
+6.6%
2 $460K$494K
+7.4%
3 $633.5K$650K
+2.6%
4 $799.9K$780K
-2.5%
5+ $935K$980K
+4.8%

Summary: Atlantic Highlands housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Cities

Highlands
+11.6%
Middletown Township
+10.9%
Atlantic Highlands
-2.6%

Housing Supply in Atlantic Highlands, NJ

How many homes are available in Atlantic Highlands, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3933-15.4%

Summary: The Atlantic Highlands real estate market had 33 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 76
-14.3%
3 69
+50.0%
4 139
-30.8%
5+ 84
-50.0%

Summary: The Atlantic Highlands 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 14.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
712+71.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlantic Highlands, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Atlantic Highlands in November 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.

Days on Market for Atlantic Highlands, NJ

How long does it take to sell a home in Atlantic Highlands, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
34 Days30 Days-11.5%

Summary: Homes in Atlantic Highlands had an average of 30 days on market in Nov 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atlantic Highlands are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in Atlantic Highlands; 58% of homes were sold within 30 days, 42% 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 20 Days Ago

Newest Listings in Atlantic Highlands, NJ

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