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| SEPTEMBER 2025 | |||
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| Units Sold 678 |
Active Inventory 1,581 |
Median Sale Price $725,000 |
Days On Market 33 |
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| Up 14% Vs. Year Ago |
Down -4% Vs. Year Ago |
Up 4% Vs. Year Ago |
Up 6% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 678 sold this month in Monmouth County Real Estate versus 682 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 14% versus September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 59 units or 4%. The total number of active inventory this September was 1,581 compared to 1,640 in September 2024. This month's total of 1,581 is lower than the previous month's total supply of available inventory of 1,678, a decrease of 6%. |
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Median Sale Price
Last September, the median sale price for Monmouth County Homes was $700,000. This September, the median sale price was $725,000, an increase of 4% or $25,000 compared to last year. The current median sold price is 1% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 812 |
Current Contracts 631 |
Sold Vs. List Price 100.0% |
Months of Supply 2.3 |
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| Down -7% Vs. Year Ago |
Down -2% Vs. Year Ago |
Down -0.6% Vs. Year Ago |
Down -16% Vs. Year Ago |
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Months of Supply
In September, there was 2.3 months of supply available in Monmouth County, compared to 2.8 in September 2024. That is a decrease of 16% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 812 homes newly listed for sale in Monmouth County compared to 871 in September 2024, a decrease of 7%. There were 631 current contracts pending sale this September compared to 642 a year ago. The number of current contracts is 2% lower than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Monmouth County was 100.0% of the average list price, which is 0.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 33, higher than the average last year, which was 31, an increase of 6%. | |||
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Monmouth County are defined as properties listed in zip code/s . | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by MOMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MOMLS or Long & Foster Real Estate, Inc. |
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