📈Let’s compare how the real estate market performed in April 2023 compared to April 2022 in Monmouth and Ocean counties.
📉April saw a larger decline in the number of home sold from April 2022. In Monmouth County, single family home prices were up 13% (!) from last year’s figures, while condos went up just over 8% from 2022. In Ocean County, prices in both categories were down, but just slightly in the mid 3% range. Average days on market was up in both counties, with Ocean County single family homes seeing a larger jump from 27 to 43 days on market.
📊Check out the infographics I created based on the information supplied by the Monmouth/Ocean Regional Realtors (MORR) as well as a current market snapshot taken from data from the Monmouth/Ocean MLS this morning.
For a more in-depth look into Monmouth County statistics, click here:
MORMLS Market Update for April 2023
April 2023 – Monthly Market Reports
📲Want to discuss your local market or contemplating a move? Give me a call to discuss your options! 732-508-7402 #BuySellRentWithMC
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