$7,066 Closing Credit*
$595,000
896 SqFt
1 Bed
•1 Full Bath
Alexis Neris, Listing Office: Ward Wight Sotheby's International Realty
Is Sea Bright, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sea Bright was a Neutral Market.
Key Takeaway
Sea Bright is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sea Bright, NJ
How much do homes in Sea Bright, NJ cost?
Median Sold Price
$1,449,000
$739/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$174,000(+13.6%)
Key Takeaway
Homes in Sea Bright have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Sea Bright was $1,449,000 in November 2024, up 13.6% from last year, and the median price per square foot was $739.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $454.5K | +1.0% |
| 2 Bedrooms | $920K | $949.4K | +3.2% |
| 3 Bedrooms | $1.2M | $1.4M | +13.6% |
| 4 Bedrooms | $2.0M | $1.8M | -10.0% |
| 5+ Bedrooms | $2.9M | $2.4M | -19.2% |
Summary: Sea Bright housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Cities
| Sea Bright | $1.2M | $1.4M | +13.6% |
| Middletown Township | $575K | $637.8K | +10.9% |
| Monmouth Beach | $862.4K | $925K | +7.3% |
| Rumson | $2.0M | $2.1M | +3.0% |
Housing Supply in Sea Bright, NJ
How many homes are available in Sea Bright, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 19 | -29.6% |
Summary: The Sea Bright real estate market had 19 homes for sale in November 2024, a 29.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 10 | 6 | -40.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Sea Bright housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sea Bright, 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 Sea Bright in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sea Bright, NJ
How long does it take to sell a home in Sea Bright, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 92 Days | +255.8% |
Summary: Homes in Sea Bright had an average of 92 days on market in Nov 2024, up by 255.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sea Bright are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Sea Bright; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.