Ocean Grove Real Estate Trends & Statistics

Ocean Grove Median List Price

$449,000

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Ocean Grove Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	52	52		45	16%
Median List Price	$449,000	$449,900		$599,000	25%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	-		-
Median DOM	84	79	6%	79	6%
Median House Size	1,272	1,420	10%	1,950	35%
Median $/Sqft	$290/sqft	$290/sqft		$324/sqft	10%

	Today	1 Month Ago		1 Year Ago
Total Inventory	34	35	3%	43	21%
Median List Price	$449,900	$465,000	3%	$599,000	25%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	3%	-		-
Median DOM	75	79	5%	84	11%
Median House Size	1,296	3,072	58%	1,950	34%
Median $/Sqft	$282/sqft	$324/sqft	13%	$324/sqft	13%

	Today	1 Month Ago		1 Year Ago
Total Inventory	18	17	6%	2	800%
Median List Price	$374,500	$339,900	10%	$695,000	46%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	115	85	35%	64	80%
Median House Size	900	900		-
Median $/Sqft	$325/sqft	$283/sqft	15%	-

Ocean Grove Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	6	2	-	6	1	5	7
New Listings	8	4	7	10	17	11	12
Sold/Expired	14	5	18	11	4	3	9

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	6	2	-	6	1	4	5
New Listings	6	4	7	4	10	9	9
Sold/Expired	13	5	15	9	3	3	6

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	-	-	-	-	-	1	2
New Listings	2	-	-	6	7	2	3
Sold/Expired	1	-	3	2	1	-	3

Ocean Grove, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Ocean Grove homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Ocean Grove. Movoto is your comprehensive source for Ocean Grove property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Ocean Grove, NJ Market Overview

Inventory: 52 Recently Sold: 9 New Listings: 12 Distressed: 2

Ocean Grove's home resale inventories stayed the same, with a 0 percent change since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Ocean Grove stayed the same from April to May. There were a total of 0 price increases and 7 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

136 Lake Ave, Ocean Grove, NJ