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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chesilhurst is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Chesilhurst has remained a Buyer's Market.

Key Takeaway

Chesilhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Chesilhurst, NJ

How much do homes in Chesilhurst, NJ cost?

Median Sold Price

$287,000

$260/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$118,000(-29.1%)

Key Takeaway

Homes in Chesilhurst have sold for 29.1% less than they did a month ago.

Summary: The median home sold price in Chesilhurst was $287,000 in October 2024, down 29.1% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$287K
N/A
4 $405K-
N/A
5+ --
N/A

Summary: Chesilhurst housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chesilhurst, NJ

How many homes are available in Chesilhurst, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The Chesilhurst real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 10
-100.0%
5+ 11
0.0%

Summary: The Chesilhurst 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 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesilhurst, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Chesilhurst in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Chesilhurst, NJ

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

Average Sale Time

Sep 2024Oct 2024CHANGE
11 Days10 Days-9.1%

Summary: Homes in Chesilhurst had an average of 10 days on market in Oct 2024, down by 9.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Chesilhurst are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Chesilhurst; 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 13 Days Ago

Newest Listings in Chesilhurst, NJ

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