Marlboro, NJ 07746
Single Family Homes
Marlboro, NJ 07746
Mon Oct 04 2021
This week the median list price for Marlboro, NJ 07746 is $672,450 with the market action index hovering around 59. This is less than last month’s market action index of 61. Inventory has decreased to 24.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.Buyer’sMarketSeller’sMarket0102030405060708090100TodayTodayLast MonthLast Month5959
Strong Seller’s Market
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Median List Price
Market Segments
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,222,500 | 5,319 | 1 – 2.5 acres | 5 | 5 | 16 | 0 | 1 | 52 |
$719,900 | 2,885 | 0.5 – 1 acre | 4 | 3 | 42 | 0 | 0 | 10 |
$604,499 | 2,414 | 0.5 – 1 acre | 4 | 3 | 44 | 1 | 4 | 31 |
$481,950 | 1,718 | 6,500 – 8,000 sqft | 3 | 2 | 35 | 2 | 2 | 35 |
Condos and Townhomes
Marlboro, NJ 07746
Mon Oct 04 2021
This week the median list price for Marlboro, NJ 07746 is $640,000 with the market action index hovering around 31. This is less than last month’s market action index of 38. Inventory has increased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller’s Advantage
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Median List Price
Market Segments
In the last few weeks, we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$640,000 | 2,508 | 0 – 4,500 sqft | 3 | 2 | 54 | 0 | 0 | 28 |
$2,000,000 | 3,182 | – | 3 | 3 | 75 | 0 | 0 | 7 |
$640,000 | 0 | – | 3 | 2 | NaN | 0 | 0 | 98 |
$375,000 | 1,833 | 0 – 4,500 sqft | 3 | 2 | 34 | 0 | 0 | 28 |