It has been a fabulous year for Real Estate at The Jersey Shore in 2017. Please see summaries by town, as compared to prior year. If you have any questions, or would like a market summary of a town not on the list, or if you are thinking of selling your home, please call 732 361 0800. Thank you.

**Allenhurst **– In Allenhurst, **6 single family homes were sold in 2017, for an average price of $2,054,166**, more than double the price from last year. The average days on market dropped from **118 to 90 days**, and houses sold for 91% of the list price.

**Asbury Park ** – In 2017, 98 single family homes were sold in Asbury Park, as compared with 82 in 2016. The **average sales price went up from $278,915 to $386,648**, and sold for less than 2% of the listing price. The average days on market was 34 days, way down from 79 last year.

**Avon-by-the-Sea **– For 2017, there were **26 single family homes sold in Avon-by-the-Sea** as compared to 30 last year. The average sale price decreased very slightly to $1,102,615. The average **days on market dropped from 120 days to 82 days**, and the homes sold for 94% of the listing price.

**Belmar **– In Belmar this year, 64 homes were sold, 11 more than last year. The** average sales price dropped 6% to $705,464**, selling for 93% of the listing price. The average days on the market went up to 121 days, more than last year’s average of 91.

**Bradley Beach ** – In 2017, **38 single family homes were sold**, down from 42 in 2016 and 57 in 2015. The **average sales price was $645,500**, almost $100,000 more than last year. The average days on the market stayed relatively the same, being at 66, and homes sold for 5% less than list price.

**Brielle **– In 2017, 66 single family homes were sold in Brielle,** for an average price of $704,511**, a 5% decrease from last year. The homes sold for 5% less than listing price, and stayed on the market for an average of 76 days, decreasing from 86 in 2016 and 112 in 2015.

**Lake Como **– The **average sales price of a single family home in Lake Como this year was $432,250, a 22% increase form last year**. There were 36 homes sold all year, relatively the same as 2016, and they stayed on the market for an average of 54 days, selling for less than 3% of the listing price.

**Manasquan** –** **In Manasquan there were 96 homes sold in 2017, for an average price of $726,233. **This was an 18% increase from last year.** The homes generally stayed on market for 76 days, more than last year’s 60 days, and **sold for less than 5% of the listing price**.

**Neptune City **– The** average price of a single family home in Neptune City in 2017 was $260,674, just 2% more than last year**. There were 58 homes sold, 8 more than last year. The average days on the market went slightly down to 50 days, and the home sold for less than 3% of the listing price.

**Neptune Township **– There were 394 single family homes sold in Neptune Township in 2017, a 17% increase from last year. The **average sales price of the homes was $319,777, increasing by 3%**, the same way that last year also saw an increase of 3%. The average days on the market went down to 56 days, and the homes sold for 97% of the listing price.

**Ocean Grove** – In 2017, there were 64 single family homes sold in Ocean Grove, a slight increase from last year. **The average sales price was $593,548, an 11% increase compared to last year**, selling for less than 4% of the list price. The homes stayed on the market for an average of 57 days.

**Point Pleasant Beach **– There were 84 single family homes sold in Point Pleasant Beach in 2017, only 4 more than last year. The **homes sold for an average of $619,490, increasing by 8%** more then last year. Homes sold for 5% less than the listing price. The average days on the market decreased from 88 to 76.

**Sea Girt **– There were 48 single family homes sold in Sea Girt in 2017, **with the average sales price being $1,928,777.** This is a 5% increase from 2016. the average days on the market decreased from 108 to 94 days. On average, homes sold for 92% of the list price.

**Spring Lake **– Throughout 2017, 70 single family homes were sold in Spring Lake. The **average sales price of a home was $2,188,525, which is a 13% increase from last year.** The average days on the market fell from 101 to 88 days. The homes also generally sold for 5% less than listing price.

**Spring Lake Heights **– Data for 2017 has shown that 39 single family homes were sold in Spring Lake Heights, a handful more than 2016. **The average sales price of a home was $493,578, increasing about 4% more than last year**. The homes sold for less than 3% of the listing price, and the average days on the market dropped from 76 to 59 days.

**Wall **– The** amount of homes sold in Wall increased by 8%** in 2017, having 343 homes sold. The average price of a home was $533,119, **which is a 9% increase from last year**. Homes still sold for 4% less than listing price, and the average days on the market dropped to 66 days.