manalapan nj real estate

Manalapan NJ Real Estate Market Update

We did our periodic review today of the residential real estate market in Manalapan New Jersey, and are happy to share our current update with you.

As of this afternoon, there are 146 homes actively for sale in Manalapan. Of those listings, 9 are listed at over $1 million, 18 between $700,000-$999,999, 47 between $500,000-$699,999, 48 between $300,000-$499,999, and 24 under $300,000.  The average listing price so far this year, through May 31, was $531,866, which is relatively unchanged from last year at this time.

The average sale price for homes sold between January 1 and May 31 of this year was $474,008, which represents a 3.44% increase in average sale prices compared to the same period last year.  Of the 114 Manalapan homes that sold so far this year (through May 31), 44 sold for over $500,000, 32 between $400,000-$499,000, 23 between $300,000-$399,999, and the remaining 15 sold for under $300,000.

Saturday is Manalapan Day! Don't Miss It!

Mark your calendar for Saturday, June 9, 2018 from 3PM to 10PM and head to the Manalapan Recreation Center for the annual "Manalapan Day" event.  This year's agenda includes games, rides, ponies, petting zoo, exhibits, local performance groups, great food vendors, and non-stop entertainment.

Florence LaRue and the 5th Dimension, with 14 Gold records, 6 Platinum records, 6 GRAMMY Awards, will take the main stage at 8pm. You'll remember their hits "Up, Up and Away", "Stoned Soul Picnic", "Medley: Aquarius/Let the Sunshine In", "Wedding Bell Blues", "One Less Bell to Answer", "(Last Night) I Didn't Get to Sleep at All", and The Magic Garden LP.

After the concert, you'll want to stay for the fireworks extravaganza to end a great day of fun.

Hope to see you all there!