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July 2026 Monmouth & Ocean County Real Estate Market Summary

The July numbers show a generally strong Jersey Shore housing market, particularly for single-family homes. Prices are higher than a year ago in both counties, while homes continue to sell very close to—or above—their original asking prices.

For Buyers: Competition remains significant. Monmouth County single-family homes sold for an average of 102% of original list price, while Ocean County averaged 101%. Median prices rose to $816,000 in Monmouth (+5.3%) and $634,999 in Ocean (+5.8%). The encouraging news is inventory: Ocean County single-family inventory increased slightly, while condo inventory grew 5.4% in Monmouth and 16.9% in Ocean, potentially giving condo buyers more choices and negotiating opportunities.

For Sellers: Single-family conditions remain favorable. Average sale prices jumped 13.2% in Monmouth County to $1.029 million and 10.9% in Ocean County to $785,860. Homes averaged just 29 days on market in Monmouth and 35 days in Ocean, unchanged from last year. Cash purchases also increased substantially in both counties.

The condo market is more mixed. Monmouth condo sales declined 10.3% and average prices fell 2.7%, although average market time improved dramatically from 39 to 27 days. Ocean County condos saw sales increase 10.9% and average prices rise 12.3%, but inventory climbed nearly 17% and average market time increased to 36 days.

Bottom line: Single-family sellers continue to have considerable leverage, while buyers should be prepared for well-priced homes to attract strong offers. The expanding condo inventory—particularly in Ocean County—could create better opportunities for buyers heading into the late-summer and fall market.

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment(opens in new tab) to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.

Monmouth County Market Summary – May 2026

The Monmouth County housing market remains resilient despite fewer overall sales. Single-family home sales declined 16% year over year, but prices continued to climb, with the average sale price increasing 5.1% to just over $1.06 million and the median price rising 11.6% to $848,200. Homes are selling slightly faster, averaging 30 days on market, while sellers are receiving virtually 100% of their asking price. Inventory remains tight, down 8.2% from last year, continuing to support home values.

The condominium market presented a mixed picture. Sales volume was essentially unchanged, but average and median prices softened compared to last year. However, condos sold significantly faster, with average days on market dropping 25%, while inventory increased nearly 11%, giving buyers more choices than a year ago.

Ocean County Market Summary – May 2026

Ocean County’s single-family market continues to show steady appreciation despite a modest decline in sales activity. Closed sales were down 6%, while average and median sale prices increased 1.3% and 1.8%, respectively. Homes sold more quickly than last year, averaging just 37 days on market, and sellers continued to receive approximately 99% of their asking price. Inventory rose 5.2%, providing buyers with slightly more options while maintaining a balanced market.

The condominium market experienced a noticeable slowdown, with closed sales down nearly 33% year over year. Despite fewer transactions, pricing remained strong, with average sale prices increasing 5.4% and median prices rising 7.1%. Inventory also increased 8.4%, creating additional opportunities for buyers while sellers continued to benefit from stable property value

Overall, both counties continue to favor sellers in many segments, particularly in the single-family market, where low inventory and steady demand are keeping upward pressure on home values even as transaction volume moderates.

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.

The April 2026 housing market across Monmouth and Ocean Counties continues to reflect a competitive environment driven by limited inventory and resilient home prices, despite a slowdown in overall sales activity.

In Monmouth County, the single-family market saw closed sales decline more than 20% year-over-year, while average sale prices climbed to just over $1.04 million, a 6.5% increase from April 2025. Median prices also rose, and homes continued selling at or above asking price on average, indicating strong buyer demand for well-positioned properties. Inventory remains tight, down more than 8% from last year, helping support continued price appreciation.

Ocean County experienced a similar trend, with single-family sales down nearly 19% year-over-year, yet prices surged significantly. The average sale price increased more than 16% to over $803,000, while the median price rose over 14% to $629,000. Inventory edged slightly higher, but supply still remains relatively constrained compared to buyer demand.

The condominium market showed more mixed conditions. Monmouth County condos posted increased sales activity and higher inventory levels, while pricing remained relatively stable. Ocean County condos saw softer sales and declining median prices, though inventory expanded substantially, offering buyers more options than in previous years.

Overall, both counties continue to favor sellers in many segments, particularly in the single-family market, where low inventory and steady demand are keeping upward pressure on home values even as transaction volume moderates.

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.

December market stats for Monmouth and Ocean Counties are out and it shows that days on market (DOM) and Inventory continue to grow. I remain very busy with #homebuyers so the additional home buying choices is definitely a welcomed change from prior year’s markets. If you know anyone looking to buy, sell or invest in real estate at the Jersey Shore or central Jersey markets of Union, Somerset and Morris Counties, please point them my way. Thank you! #njrealtor #JerseyShoreRealEstate

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.

November 2025 real estate sales data in Monmouth and Ocean Counties shows a continued pivot in the market. Days on Market (DOM) and inventory growing. As we all say, the real estate market is hyper local and varies considerably from area to area and zip code to zip code. Want to learn more about your market and your home? Call or DM me. Also, visit my website at www.darren.realtor

In the past year, I donated thousands of dollars to a variety of deserving pet rescue charities as part of my commitment to giving back a portion of my commissions to pets in need.  In the upcoming year, my commitment continues, so if you are a pet-lover, let’s talk.