The Lifestyle Group at RE/MAX

Colts Neck, NJ 07722

Single-Family Homes

"You are not buying a home....You are buying a Lifestyle"



Colts Neck, NJ 07722

Fri Dec 14 2018
This week the median list price for Colts Neck, NJ 07722 is $1,199,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has held steady at or around 83. Click here to stay informed with the Colts Neck market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Colts Neck, NJ 07722

Fri Dec 14 2018
This week the median list price for Colts Neck, NJ 07722 is $1,199,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has held steady at or around 83. Click here to stay informed with the Colts Neck market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Colts Neck market.
Median List Price $1,199,000
Per Square Foot $257
Days on Market 225
Price Decreased 49%
Price Increased 0%
Relisted 18%
Inventory 83
Median House Rent
Most Expensive $8,000,000
Least Expensive $394,900
Market Action Index
Slight Buyer's Advantage
29

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,897,000 10,046 5 - 10 acres 6 6 16 0 0 414
$1,575,000 6,484 1 - 2.5 acres 5 5 19 0 4 218
$799,000 3,640 1 - 2.5 acres 4 3 36 2 2 135
$569,000 2,108 1 - 2.5 acres 4 2 49 1 4 144