Is Harvey Cedars, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harvey Cedars is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Harvey Cedars has remained a Buyer's Market.

Key Takeaway

Harvey Cedars is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Harvey Cedars, NJ

How much do homes in Harvey Cedars, NJ cost?

Median Sold Price

$1,795,000

$1,002/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$305,000(-14.5%)

Key Takeaway

Homes in Harvey Cedars have sold for 14.5% less than they did a year ago.

Summary: The median home sold price in Harvey Cedars was $1,795,000 in April 2024, down 14.5% from last year, and the median price per square foot was $1,002.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $770K-
N/A
3 $995K$1.1M
+15.6%
4 $2.0M$1.7M
-10.2%
5+ $2.5M$2.7M
+6.3%

Summary: Harvey Cedars housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Cities

Long Beach Township
+13.1%
Stafford Township
+12.8%
Barnegat Township
+3.1%
Harvey Cedars
-14.5%

Housing Supply in Harvey Cedars, NJ

How many homes are available in Harvey Cedars, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1012+20.0%

Summary: The Harvey Cedars real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 35
+66.7%
4 11
0.0%
5+ 66
0.0%

Summary: The Harvey Cedars housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harvey Cedars, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Harvey Cedars in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Harvey Cedars, NJ

How long does it take to sell a home in Harvey Cedars, NJ?

Average Sale Time

Apr 2023Apr 2024CHANGE
146 Days76 Days-47.9%

Summary: Homes in Harvey Cedars had an average of 76 days on market in Apr 2024, down by 47.9% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Harvey Cedars has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Harvey Cedars; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in Harvey Cedars, NJ

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