Is Brielle, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brielle is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brielle was a Buyer's Market.

Key Takeaway

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

Housing Prices in Brielle, NJ

How much do homes in Brielle, NJ cost?

Median Sold Price

$997,000

$488/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$77,000(+8.4%)

Key Takeaway

Homes in Brielle have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Brielle was $997,000 in October 2024, up 8.4% from last year, and the median price per square foot was $488.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $649K-
N/A
2 $582.5K$649K
+11.4%
3 $1.0M$899K
-15.2%
4 $1.2M$1.1M
-8.8%
5+ $1.3M$1.8M
+37.4%

Summary: Brielle 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 11.4%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 37.4%.

Median Sold Price Compared To Nearby Cities

Point Pleasant
+17.3%
Manasquan
+15.1%
Brick
+12.5%
Brielle
+8.4%
Point Pleasant Beach
+2.5%

Housing Supply in Brielle, NJ

How many homes are available in Brielle, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2420-16.7%

Summary: The Brielle real estate market had 20 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 77
0.0%
4 32
-33.3%
5+ 63
-50.0%

Summary: The Brielle 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brielle, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Brielle in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Brielle, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
140 Days24 Days-82.6%

Summary: Homes in Brielle had an average of 24 days on market in Oct 2024, down by 82.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Brielle; 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 20 Days Ago

Newest Listings in Brielle, NJ

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