Melissa DeSantis' Market Report

Marlboro, NJ 07746

Single-Family Homes

eXp Realty - 732-757-2522 - mdesantisrealestate@gmail.com



Marlboro, NJ 07746

Sat Aug 13 2022
This week the median list price for Marlboro, NJ 07746 is $749,000 with the market action index hovering around 63. This is less than last month's market action index of 74. Inventory has increased to 33. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Marlboro, NJ 07746

Sat Aug 13 2022
This week the median list price for Marlboro, NJ 07746 is $749,000 with the market action index hovering around 63. This is less than last month's market action index of 74. Inventory has increased to 33. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Marlboro market.
Median List Price $749,000
Median Price of New Listings $629,900
Per Square Foot $273
Average Days on Market 50
Median Days on Market 35
Price Decreased 42%
Price Increased 0%
Relisted 15%
Inventory 33
Median Rent
Market Action 63
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
$1,799,000 6,245 1 - 2.5 acres 5 6 17 1 1 63
$889,000 3,034 0.5 - 1 acre 4 3.5 32 0 3 38
$699,450 2,505 0.5 - 1 acre 4 3 40 1 0 38
$490,000 1,878 8,000 - 10,000 sqft 2 2 38 3 2 35