Is Sea Girt, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sea Girt is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Sea Girt has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sea Girt, NJ

How much do homes in Sea Girt, NJ cost?

Median Sold Price

$2,350,000

$762/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$760,500(+47.8%)

Key Takeaway

Homes in Sea Girt have sold for 47.8% more than they did a year ago.

Summary: The median home sold price in Sea Girt was $2,350,000 in April 2024, up 47.8% from last year, and the median price per square foot was $762.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $475K-
N/A
2 $900K$887K
-1.4%
3 $880K$1.1M
+34.1%
4 $1.4M$2.8M
+93.1%
5+ $3.1M$3.1M
-2.2%

Summary: Sea Girt 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 decreased by 1.4%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 93.1%, and 5+ bedroom homes decreased by 2.2%.

Median Sold Price Compared To Nearby Cities

Sea Girt
+47.8%
Spring Lake
+16.0%
Spring Lake Heights
+9.7%
Manasquan
+7.2%
Wall Township
+5.3%

Housing Supply in Sea Girt, NJ

How many homes are available in Sea Girt, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1519+26.7%

Summary: The Sea Girt real estate market had 19 homes for sale in April 2024, a 26.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 811
+37.5%
5+ 13
+200.0%

Summary: The Sea Girt 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 decreased by 25%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sea Girt, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sea Girt in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Sea Girt, NJ

How long does it take to sell a home in Sea Girt, NJ?

Average Sale Time

Apr 2023Apr 2024CHANGE
91 Days80 Days-11.9%

Summary: Homes in Sea Girt had an average of 80 days on market in Apr 2024, down by 11.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sea Girt are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 7 homes were sold in Sea Girt; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 7 Days Ago

Newest Listings in Sea Girt, NJ

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