📈Let’s compare how the real estate market in Monmouth and Ocean counties performed in May compared to last year.
📉Home prices still remain up, 9-10% higher for single family homes in Monmouth and Ocean counties. Ocean County condominiums saw a jump of 34.69% higher prices from last year. Inventory still remains even lower than last year. Low inventory is still driving higher prices along with sellers getting typically at or over asking in most cases.
📊Check out the infographics I created based on the information supplied by the Monmouth/Ocean Regional Realtors (MORR).
📲If you have questions about our local market or just want to chat about real estate in general, give me a call.
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