Is Holmdel Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Holmdel Township was a Seller's Market.
Housing Prices in Holmdel Township, NJ
How much do homes in Holmdel Township, NJ cost?
Median Sold Price
$952,500
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Holmdel Township was $952,500 in March 2024, up 14.8% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $183.4K | N/A |
2 Bedrooms | $530K | $517.5K | -2.4% |
3 Bedrooms | $600K | $690K | +15.0% |
4 Bedrooms | $862.5K | $1.0M | +16.8% |
5+ Bedrooms | $1.2M | $1.3M | +3.5% |
Summary: Holmdel Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Holmdel | $830K | $957.5K | +15.4% |
Holmdel Township | $830K | $952.5K | +14.8% |
Marlboro Township | $704K | $732.7K | +4.1% |
Colts Neck Township | $1.1M | $1.2M | +3.6% |
Lincroft | $811.5K | $812.5K | 0.1% |
Housing Supply in Holmdel Township, NJ
How many homes are available in Holmdel Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 46 | -2.1% |
Summary: The Holmdel Township real estate market had 46 homes for sale in March 2024, a 2.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 20 | 16 | -20.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Holmdel Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Holmdel Township in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Holmdel Township, NJ
How long does it take to sell a home in Holmdel Township, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 18 Days | -63.8% |
Summary: Homes in Holmdel Township had an average of 18 days on market in Mar 2024, down by 63.8% 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
Summary: During March 2024, 6 homes were sold in Holmdel Township; 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.