Melissa DeSantis' Market Report

Englishtown, NJ 07726 - Manalapan

Single-Family Homes

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



Englishtown, NJ 07726 - Manalapan

Fri Mar 29 2024
This week the median list price for Englishtown, NJ 07726 - Manalapan is $699,000 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 57. 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 Mar 29 2024
This week the median list price for Englishtown, NJ 07726 - Manalapan is $699,000 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has increased to 57. 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 $699,000
Median Price of New Listings $749,999
Per Square Foot $306
Average Days on Market 69
Median Days on Market 14
Price Decreased 19%
Price Increased 14%
Relisted 2%
Inventory 57
Median Rent
Market Action 49
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,092,855 2,601 1 - 2.5 acres 4 3.5 19 3 3 91
$837,000 2,383 0.5 - 1 acre 3 2.5 29 4 2 14
$572,000 1,506 0.25 - 0.5 acre 3 2.3 44 1 1 14
$249,900 1,130 0 - 4,500 sqft 2 1 47 3 1 14