April 1st to May 1st
The Jersey Shore real estate market is officially in full swing. From Spring Lake to S. Mantoloking, April brought a renewed wave of buyer energy and strong demand for luxury coastal living — a clear shift from the slower pace we saw earlier this year.
In Bay Head to South Mantoloking, the market made a notable comeback. Five homes closed in April, compared to just two the month before. Even more impressive, total dollar volume skyrocketed to $13.375 million, up from $2.23 million in March and more than double February's $6.38 million. The average sale price surged to $2.675 million, marking the highest average we've seen in the past three months — a strong signal that high-end properties are moving again. The median sales price also rose to $1.8 million, a 61% increase over March.
Pending sales activity in this area also held steady with five homes under contract totaling just over $9 million. While the average days on market ticked up to 75, this could reflect buyers engaging in more thoughtful decision-making rather than hesitation — especially as pricing continues to normalize from last year’s highs.
Up north, Spring Lake to Sea Girt continues to be one of the most resilient and desirable luxury markets on the coast. Although April’s five closings represent a slight dip from March’s six, the total volume remained strong at $17.08 million. The median sale price climbed to $3.206 million, rebounding from March and showcasing the consistency of demand in this prestigious corridor.
Pending activity in Spring Lake to Sea Girt paints an even more optimistic picture: four homes went under contract for a combined $18.79 million, with a median list price of $5.225 million — the highest in three months. This suggests continued strength in the ultra-luxury tier heading into the summer.
The Takeaway
April was a turning point for the Jersey Shore market. With rising sales volume, climbing price points, and steady pending activity, it's clear that buyers are back and looking to make their move before summer. Whether you're considering selling or just curious about the market, this is an excellent time to engage — momentum is building, and confidence is returning to the shore.
Posted by Madison Clayton on
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