South Florida

Manalapan, FL

Single-Family Homes

Real Estate Market Reports



Manalapan, FL

Sat Feb 04 2023
This week the median list price for Manalapan, FL is $33,200,000 with the market action index hovering around 22. This is about the same as last month's market action index of 22. Inventory has increased to 12. Click here to stay informed with the Manalapan market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Manalapan, FL

Sat Feb 04 2023
This week the median list price for Manalapan, FL is $33,200,000 with the market action index hovering around 22. This is about the same as last month's market action index of 22. Inventory has increased to 12. Click here to stay informed with the Manalapan market!

Market Action Index

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

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.

Real-Time Market Profile

Never miss important changes in the Manalapan market.
Median List Price $33,200,000
Median Price of New Listings $16,500,000
Per Square Foot $3,874
Average Days on Market 215
Median Days on Market 189
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 22
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$79,500,000 17,309 1 - 2.5 acres 9 11.5 6 0 0 56
$45,000,000 12,828 1 - 2.5 acres 7 8.5 19 0 0 301
$24,500,000 12,000 1 - 2.5 acres 6 7.5 23 0 0 315
$14,750,000 4,434 0.5 - 1 acre 4 5 56 1 0 77