Is Seaside Park, 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, Seaside Park was a Seller's Market.
Housing Prices in Seaside Park, NJ
How much do homes in Seaside Park, NJ cost?
Median Sold Price
$785,000
$531/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seaside Park was $785,000 in March 2024, up 4.8% from last year, and the median price per square foot was $531.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.5K | $232.5K | +6.9% |
2 Bedrooms | $477.7K | $547.3K | +14.6% |
3 Bedrooms | $725K | $797.5K | +10.0% |
4 Bedrooms | $785K | $850K | +8.3% |
5+ Bedrooms | $997.4K | $1.1M | +15.3% |
Summary: Seaside Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Seaside Heights | $575K | $675K | +17.4% |
Berkeley Township | $313.1K | $334.9K | +7.0% |
Seaside Park | $749K | $785K | +4.8% |
Housing Supply in Seaside Park, NJ
How many homes are available in Seaside Park, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Summary: The Seaside Park real estate market had 37 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Seaside Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Seaside Park in March 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Seaside Park, NJ
How long does it take to sell a home in Seaside Park, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 62 Days | -1.8% |
Summary: Homes in Seaside Park had an average of 62 days on market in Mar 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Seaside Park; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.