Melissa DeSantis' Market Report

Marlboro, NJ 07746

Single-Family Homes

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



Marlboro, NJ 07746

Fri Jul 26 2024
This week the median list price for Marlboro, NJ 07746 is $989,900 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has increased to 31. Click here to stay informed with the Marlboro market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Marlboro, NJ 07746

Fri Jul 26 2024
This week the median list price for Marlboro, NJ 07746 is $989,900 with the market action index hovering around 56. This is less than last month's market action index of 57. Inventory has increased to 31. Click here to stay informed with the Marlboro market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Marlboro market.
Median List Price $989,900
Median Price of New Listings $769,000
Per Square Foot $319
Average Days on Market 82
Median Days on Market 42
Price Decreased 45%
Price Increased 0%
Relisted 6%
Inventory 31
Median Rent
Market Action 56
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$1,798,000 4,613 2.5 - 5 acres 5 4.5 24 0 0 56
$1,162,500 3,310 0.5 - 1 acre 5 4 23 1 1 63
$914,499 2,803 0.25 - 0.5 acre 4 2.5 38 2 2 24
$586,950 1,830 8,000 - 10,000 sqft 2 2 38 2 1 17