Oceanport currently leans toward sellers, with the market gauge showing a seller’s market. Months of supply sits at 1.9, which is well below the level that would indicate balanced conditions. Homes are also moving in under a month, with a median of 23 days on market.
Looking at this rolling three‑month view, prices are notably higher than a year ago, with the typical home value up about 18 percent year over year to roughly $984,000. At the same time, the share of homes selling above list has eased to about one‑third, and the average sale‑to‑list ratio is just over 100 percent, suggesting buyers have slightly more room to negotiate than during peak bidding periods last year.
Inventory and turnover patterns highlight why it still feels tight on the ground. Active listings are down more than 20 percent from a year ago and new listings have fallen by about a quarter, even though sales volume over the period remains only modestly lower than last year. With relatively few new options coming on and many properties still selling quickly, both buyers and sellers can benefit from a knowledgeable local expert, and Agent Pronto can help connect them with an agent who understands these Oceanport trends.
