Is Bradley Beach, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradley Beach is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bradley Beach has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bradley Beach, NJ

How much do homes in Bradley Beach, NJ cost?

Median Sold Price

$1,067,500

$662/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$167,500(+18.6%)

Key Takeaway

Homes in Bradley Beach have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in Bradley Beach was $1,067,500 in November 2024, up 18.6% from last year, and the median price per square foot was $662.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $420K$470K
+11.9%
2 $785K$875K
+11.5%
3 $751.1K$950K
+26.5%
4 $1.1M$1.3M
+24.0%
5+ $1.6M$1.2M
-24.4%

Summary: Bradley Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 24%, and 5+ bedroom homes decreased by 24.4%.

Median Sold Price Compared To Nearby Cities

Bradley Beach
+18.6%
Avon-by-the-Sea
+16.8%
Neptune
+10.3%
Neptune Township
+6.2%

Housing Supply in Bradley Beach, NJ

How many homes are available in Bradley Beach, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1613-18.8%

Summary: The Bradley Beach real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 32
-33.3%
3 32
-33.3%
4 32
-33.3%
5+ 55
0.0%

Summary: The Bradley Beach 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradley Beach, 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 Bradley Beach in November 2024, up by 33.3% 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 Bradley Beach, NJ

How long does it take to sell a home in Bradley Beach, NJ?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days58 Days+335.0%

Summary: Homes in Bradley Beach had an average of 58 days on market in Nov 2024, up by 335% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bradley Beach has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Bradley Beach; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 Bradley Beach, NJ

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