When people ask me, “How’s the (real estate) market?”, I always tell them that real estate is LOCAL. When you read about “real estate” in the national newspapers you get a nationwide overview, but you don’t get any information about YOUR town.
If you’ve been wondering how Rumson-Fair Haven real estate has been doing compared to other area towns, here’s a list that I’ve compiled. It compares the 9 month year-to-date real estate statistics (2013 vs. 2012) for 21 Monmouth County towns. Sea Bright real estate isn’t included because super storm Sandy hit the town hard, and there were only two (2) homes sold in 2013.
Atlantic Highlands real estate had the greatest percentage increase in median price (+34%), followed by West Long Branch (+16%), Little Silver (+15%) and Long Branch (+15%) real estate. Monmouth Beach real estate suffered the biggest decline (-26%), reflecting the devastation from Sandy.
Find out what's happening in Rumson-Fair Havenwith free, real-time updates from Patch.
Here’s the list:
Median Price % ChangeAberdeen $315,000 7%
Atlantic Highlands $440,050 34%
Colts Neck $657,500 7%
Eatontown $300,000 5%
Fair Haven $660,000 0%
Hazlet $285,500 8%
Highlands $226,000 0%
Holmdel $653,500 -2%
Little Silver $568,450 15%
Long Branch $233,250 15%
Manalapan $475,000 8%
Marlboro $496,250 6%
Matawan $295,000 6%
Middletown $393,500 4%
Monmouth Beach $555,000 -26%
Oceanport $380,000 -2%
Red Bank $337,000 1%
Rumson $1,137,500 -5%
Shrewsbury $451,500 -1%
Tinton Falls $370,000 4%
West Long Branch $367,500 16%
Find out what's happening in Rumson-Fair Havenwith free, real-time updates from Patch.
Leonard “Len” Dunikoski, GRI
REALTOR® Associate
Diane Turton Realtors – Rumson Office
8 West River Road
