Is Sea Girt, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sea Girt is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sea Girt was a Neutral Market.

Key Takeaway

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

Housing Prices in Sea Girt, NJ

How much do homes in Sea Girt, NJ cost?

Median Sold Price

$1,982,000

$755/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$382,000(+23.9%)

Key Takeaway

Homes in Sea Girt have sold for 23.9% more than they did a year ago.

Summary: The median home sold price in Sea Girt was $1,982,000 in October 2024, up 23.9% from last year, and the median price per square foot was $755.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $887K$715K
-19.4%
3 $862K$1.1M
+30.5%
4 $2.3M$1.8M
-21.1%
5+ $3.1M$3.5M
+12.9%

Summary: Sea Girt 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 decreased by 19.4%, 3 bedroom homes increased by 30.5%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Cities

Sea Girt
+23.9%
Manasquan
+15.1%
Wall Township
+14.4%
Spring Lake
+12.3%
Spring Lake Heights
+3.7%

Housing Supply in Sea Girt, NJ

How many homes are available in Sea Girt, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1918-5.3%

Summary: The Sea Girt real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 23
+50.0%
4 86
-25.0%
5+ 77
0.0%

Summary: The Sea Girt 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 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were 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 Sea Girt, 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 Sea Girt in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Sea Girt, NJ

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days40 Days+201.2%

Summary: Homes in Sea Girt had an average of 40 days on market in Oct 2024, up by 201.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Sea Girt; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 Sea Girt, NJ

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