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 October 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

$999,999

$751/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$175,499(+21.3%)

Key Takeaway

Homes in Bradley Beach have sold for 21.3% more than they did a year ago.

Summary: The median home sold price in Bradley Beach was $999,999 in October 2024, up 21.3% from last year, and the median price per square foot was $751.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $420K$472.5K
+12.5%
2 $750K$915.5K
+22.1%
3 $751.1K$950K
+26.5%
4 $1.1M$1.3M
+21.0%
5+ $1.6M$1.1M
-27.4%

Summary: Bradley Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 27.4%.

Median Sold Price Compared To Nearby Cities

Avon-by-the-Sea
+45.5%
Bradley Beach
+21.3%
Neptune
+10.1%
Neptune Township
+6.0%

Housing Supply in Bradley Beach, NJ

How many homes are available in Bradley Beach, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1314+7.7%

Summary: The Bradley Beach real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 23
+50.0%
4 42
-50.0%
5+ 35
+66.7%

Summary: The Bradley Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradley Beach, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Bradley Beach in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

Oct 2023Oct 2024CHANGE
31 Days14 Days-54.7%

Summary: Homes in Bradley Beach had an average of 14 days on market in Oct 2024, down by 54.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Bradley Beach; 100% of homes were sold within 30 days, 0% 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 Bradley Beach, NJ

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