📈Let’s compare how the real estate market performed in March 2023 compared to March 2022 in Monmouth and Ocean counties.
📉Less homes were sold and average days on market for homes were longer but stayed about the same for the condo category. Single family home sales prices (average) saw a slight decline in Monmouth County and a slight increase in Ocean County. Condos saw an increase in pricing in both counties, with a big jump in Ocean County. The number of cash buyers decreased with the exception of homes in Monmouth County.
📊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: Monthly Market Reports
📲Want to discuss your local market or contemplating a move? Give me a call me to discuss your options! 732-508-7402 #BuySellRentWithMC
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