Melissa DeSantis' Market Report

Marlboro, NJ 07746

Single-Family Homes

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



Marlboro, NJ 07746

Mon Jun 24 2024
This week the median list price for Marlboro, NJ 07746 is $1,060,000 with the market action index hovering around 62. This is an increase over last month's market action index of 56. Inventory has decreased to 23. 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

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.

Marlboro, NJ 07746

Mon Jun 24 2024
This week the median list price for Marlboro, NJ 07746 is $1,060,000 with the market action index hovering around 62. This is an increase over last month's market action index of 56. Inventory has decreased to 23. 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

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 Marlboro market.
Median List Price $1,060,000
Median Price of New Listings $949,900
Per Square Foot $334
Average Days on Market 107
Median Days on Market 28
Price Decreased 35%
Price Increased 0%
Relisted 13%
Inventory 23
Median Rent
Market Action 62
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$1,798,000 4,435 2.5 - 5 acres 4 4.5 38 0 0 35
$1,262,500 3,514 0.5 - 1 acre 5 4 1 0 1 269
$999,000 3,440 0.5 - 1 acre 4 3 39 2 2 14
$766,950 2,353 0.25 - 0.5 acre 3 2.5 39 1 4 14