Let’s compare how the real estate market in Monmouth and Ocean counties performed in August compared to last year.
Unlike previous months since the pandemic, August saw a decrease in the number of homes sold compared to last year in each category. While inventory continues to remain low, prices are still higher than last year and selling faster as well.
Check out the infographics I created based on the information supplied by the Monmouth Ocean Regional Realtors (MORR).
This article from the Asbury Park Press talks about the woes of being a first time home buyer in the market here in Monmouth County and other areas of New Jersey.
From this article is a map of New Jersey showing how much prices have risen since last year by county:
If you have any questions about home sales in your market, contact me anytime!
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