Melissa DeSantis' Market Report

Englishtown, NJ 07726 - Manalapan

Single-Family Homes

REAL Broker - 732-757-2522 - mdesantisrealestate@gmail.com



Englishtown, NJ 07726 - Manalapan

Fri Jun 21 2024
This week the median list price for Englishtown, NJ 07726 - Manalapan is $805,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has decreased to 62. Click here to stay informed with the Englishtown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Englishtown, NJ 07726 - Manalapan

Fri Jun 21 2024
This week the median list price for Englishtown, NJ 07726 - Manalapan is $805,000 with the market action index hovering around 55. This is less than last month's market action index of 56. Inventory has decreased to 62. Click here to stay informed with the Englishtown market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Englishtown market.
Median List Price $805,000
Median Price of New Listings $712,000
Per Square Foot $324
Average Days on Market 70
Median Days on Market 32
Price Decreased 35%
Price Increased 8%
Relisted 2%
Inventory 62
Median Rent
Market Action 55
Strong Seller's Market

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,350,000 4,324 1 - 2.5 acres 4 3.5 22 1 4 28
$896,711 2,601 1 - 2.5 acres 4 3 16 2 3 63
$699,999 2,021 0.25 - 0.5 acre 3 2 54 4 4 28
$292,000 1,130 0 - 4,500 sqft 2 1 50 3 7 35