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Brielle Market Update - October 2024

Edwin (Ed) O’Malley

As a life-long, year-round resident of the Bay Head and Mantoloking area, Ed combines his outstanding local knowledge and connections with his 20 year...

As a life-long, year-round resident of the Bay Head and Mantoloking area, Ed combines his outstanding local knowledge and connections with his 20 year...

Oct 7 2 minutes read

Fall is off to a good start in Brielle, with more market activity in September than in August - more new listings, more properties under contract, and more closings to!  Average days on market remains healthy at 37, and the absorption rate (also known as supply) is at 3.4 months.  All in all, Brielle is returning to a more balanced market - eg - reasonable amount of inventory (as opposed to limited inventory), with homes selling within 30 to 90 days in many cases.  Not long ago, we had a very competitive market, with homes selling quickly, often with multiple offers - this still happens, but not as often as it recently did.

If you are thinking of selling, or have questions about the value of your property, or anything else, we would be happy to talk.

When properly priced and marketed, homes continue to sell quite readily. 

You can browse all active and under contract homes in Brielle here.

Our market report showcases everything you need to know about local real estate trends.  All statistics are for the month just completed, per the MLS as of 10/7/24.  

NOTE: If a ↑ or a ↓ accompanies a statistic, that is the direction of the trend from the previous month's number - up or down.

Please reach out to us with your questions.

 Suzie & Ed

New Listings

14

Active Listings

7

Under Contract

4

Closed Sales


Homes Sold

100.7%

Sale-to-List Price


$1,086,250

Average Sales Price

3.4

Months of Supply

37

Average Days on Market

Curious about what
your home is worth now?

Get an accurate home value report from our team, and if you would like, a complete market analysis. Or if you have any other question, just let us know!