Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 3% from one year earlier, and up 12% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 550-thousand dollars. The number of units sold decreased 40% year-over-year, and decreased 62% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Brielle, NJ
Area Information for Brielle, NJ
Population:4,751
Median Age:48.15 yr
Median Commute Time:29 mins
Educational Climate*:4
Sales Tax:0%
Population Density:2,704/sq mi
Population Change Since 2000:-3.18%
Closest Airport:Newark Liberty International
Closest College:Beth Medrash Govoha
Closest Jr. College:Ocean County College
Median Household Income:$130,028
Annual Residential Turnover:0%
Median Home Sales Price:$613,750
Closest Major Sports Team:Lakewood Blueclaws (a)
Change Avg. Household Income Since 2000:77.44%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Brielle, NJ
Median Age: 48.15Married: 55%Number of Households: 1,802Households with Children: 462
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.