Is Brick, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brick has remained a Seller's Market.
Housing Prices in Brick, NJ
How much do homes in Brick, NJ cost?
Median Sold Price
$430,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brick was $430,000 in April 2024, up 10.3% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $238.7K | +19.4% |
2 Bedrooms | $296.2K | $325K | +9.7% |
3 Bedrooms | $430K | $462K | +7.4% |
4 Bedrooms | $545K | $600K | +10.1% |
5+ Bedrooms | $706K | $675K | -4.4% |
Summary: Brick housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
Brick | $389.9K | $430K | +10.3% |
Brick Township | $394.7K | $435.4K | +10.3% |
Point Pleasant | $565K | $600K | +6.2% |
Brielle | $960K | $986.5K | +2.8% |
Housing Supply in Brick, NJ
How many homes are available in Brick, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
308 | 316 | +2.6% |
Summary: The Brick real estate market had 316 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 120 | 111 | -7.5% |
3 Bedrooms | 99 | 92 | -7.1% |
4 Bedrooms | 72 | 85 | +18.1% |
5+ Bedrooms | 11 | 23 | +109.1% |
Summary: The Brick housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes increased by 109.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 89 | +17.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Brick in April 2024, up by 17.1% month-over-month. Of the 89 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Brick, NJ
How long does it take to sell a home in Brick, NJ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 24 Days | -5.2% |
Summary: Homes in Brick had an average of 24 days on market in Apr 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 89 homes were sold in Brick; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.