Melissa DeSantis' Market Report

Freehold, NJ 07728

Single-Family Homes

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



Freehold, NJ 07728

Tue Jun 06 2023
This week the median list price for Freehold, NJ 07728 is $664,900 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has decreased to 49. Click here to stay informed with the Freehold market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Freehold, NJ 07728

Tue Jun 06 2023
This week the median list price for Freehold, NJ 07728 is $664,900 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has decreased to 49. Click here to stay informed with the Freehold market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Freehold market.
Median List Price $664,900
Median Price of New Listings $452,450
Per Square Foot $301
Average Days on Market 55
Median Days on Market 21
Price Decreased 18%
Price Increased 12%
Relisted 8%
Inventory 49
Median Rent
Market Action 67
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
$1,225,000 3,941 1 - 2.5 acres 4 3.5 19 0 2 14
$734,497 2,056 0.25 - 0.5 acre 3 2.5 10 0 3 49
$549,500 1,744 0.25 - 0.5 acre 3 2.5 29 3 2 24
$345,000 1,260 0 - 4,500 sqft 2 2 56 3 3 7