$10,000 Closing Credit*
$1,395,000
4 Beds
•3 Full Baths
Frank P Camassa, Listing Office: Camassa Agency Inc
Is West Long Branch, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, West Long Branch has remained a Buyer's Market.
Key Takeaway
West Long Branch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Long Branch, NJ
How much do homes in West Long Branch, NJ cost?
Median Sold Price
$550,000
$420/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$262,500(-32.3%)
Key Takeaway
Homes in West Long Branch have sold for 32.3% less than they did a month ago.
Summary: The median home sold price in West Long Branch was $550,000 in November 2024, down 32.3% from last month, and the median price per square foot was $420.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $615K | - | N/A |
| 3 Bedrooms | $836.5K | $520K | -37.8% |
| 4 Bedrooms | $950K | $915K | -3.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: West Long Branch housing prices by bedroom type for November 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 decreased by 37.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes did not change.
Housing Supply in West Long Branch, NJ
How many homes are available in West Long Branch, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The West Long Branch real estate market had 40 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The West Long Branch housing inventory by bedroom type for November 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 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Long Branch, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in West Long Branch in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for West Long Branch, NJ
How long does it take to sell a home in West Long Branch, NJ?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 29 Days | -46.8% |
Summary: Homes in West Long Branch had an average of 29 days on market in Nov 2024, down by 46.8% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Long Branch are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in West Long Branch; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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.