Is Atlantic Highlands, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic Highlands is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Atlantic Highlands has remained a Seller's Market.

Key Takeaway

Atlantic Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Atlantic Highlands, NJ

How much do homes in Atlantic Highlands, NJ cost?

Median Sold Price

$667,000

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-1.9%)

Key Takeaway

Homes in Atlantic Highlands have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Atlantic Highlands was $667,000 in October 2024, down 1.9% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$250K
+6.4%
2 $447.5K$494K
+10.4%
3 $652K$643K
-1.4%
4 $799.9K$780K
-2.5%
5+ $1.0M$980K
-3.7%

Summary: Atlantic Highlands housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Cities

Middletown Township
+11.5%
Highlands
+6.6%
Atlantic Highlands
-1.9%

Housing Supply in Atlantic Highlands, NJ

How many homes are available in Atlantic Highlands, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3330-9.1%

Summary: The Atlantic Highlands real estate market had 30 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 25
+150.0%
2 55
0.0%
3 43
-25.0%
4 1512
-20.0%
5+ 75
-28.6%

Summary: The Atlantic Highlands housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atlantic Highlands, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Atlantic Highlands in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Atlantic Highlands, NJ

How long does it take to sell a home in Atlantic Highlands, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days22 Days-22.2%

Summary: Homes in Atlantic Highlands had an average of 22 days on market in Oct 2024, down by 22.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Atlantic Highlands are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Atlantic Highlands; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Atlantic Highlands, NJ

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