The median list price in BAYVILLE, NJ 08721 this week is $285,000 Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall condition are weakening a bit.
Suppy and Demand
While prices have been a a plateau for a number of weeks, this is a Buyer's market and the supply of homes listed has started growing relative to demand. This indication that prices could easily resume a downward trend in conjuction with the MAI ( Market Action Index). Prices are unlikely to move significantly higher until there is a persistent upward shirt in the MAI.
Real-Time Market Profile
|Median List Price||$285,000|
|Asking Price Per Square Foot||$158|
|Average Days on|