$1,198,000
0.11 Acres
Land
Ann Marie Ireland, Listing Office: M. Van Sciver REALTORS
Is Mantoloking, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mantoloking has remained a Seller's Market.
Key Takeaway
Mantoloking is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mantoloking, NJ
How much do homes in Mantoloking, NJ cost?
Median Sold Price
$2,650,000
$928/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$250,000(+10.4%)
Key Takeaway
Homes in Mantoloking have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Mantoloking was $2,650,000 in November 2024, up 10.4% from last year, and the median price per square foot was $928.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $665K | N/A |
| 2 Bedrooms | $975K | $609K | -37.5% |
| 3 Bedrooms | $1.9M | $975K | -50.1% |
| 4 Bedrooms | $1.5M | $2.5M | +63.9% |
| 5+ Bedrooms | $2.9M | $3.6M | +22.5% |
Summary: Mantoloking housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 50.1%, 4 bedroom homes increased by 63.9%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Brick Township | $410.9K | $455.4K | +10.8% |
| Mantoloking | $2.4M | $2.6M | +10.4% |
| Brick | $407.5K | $449.9K | +10.4% |
Housing Supply in Mantoloking, NJ
How many homes are available in Mantoloking, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Mantoloking real estate market had 29 homes for sale in November 2024, a 6.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Mantoloking housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mantoloking, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mantoloking in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Mantoloking, NJ
How long does it take to sell a home in Mantoloking, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 89 Days | +15.8% |
Summary: Homes in Mantoloking had an average of 89 days on market in Nov 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mantoloking are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Mantoloking; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.