2020 vs 2021 Annual Market Update

We have compiled the Real Estate Data for our local markets and compared 2021 home sales to 2020 home sales. We are experiencing lower inventory levels, higher home sale prices in each town and a decrease in average days on market.

Allenhurst

In the year of 2021, 10 single family homes were sold, up 25% from 2020. The average sales price was $1,882,500, down 0.10% from 2020, and the average days on market were 79 vs 42 days in 2020. Homes sold for 96% of the listing price vs 90% in 2020. Overall, the real estate volume is $18,825,000 up 24.88% compared to last year.

Asbury Park

In the year of 2021, 87 single family homes sold in Asbury Park, up 11.54% from 2020. The average sales price was $555,624 down 5.39% from 2020, and the average days on market were 34 vs 38 days in 2020. Homes sold for 100% of the listing price vs 97% in 2020. Overall, the real estate volume is $48,339,359 up 24.88% compared to last year.

Avon-By-The-Sea

In the year of 2021, 29 single family homes sold in Avon, up 7.47% from 2020. The average sales price was $1,546,975, up 6.14% from 2020, and the average days on market were 52 vs 54 days in 2020. Homes sold for 98% of the listing price vs 96% in 2020. Overall, the real estate volume is $44,862,299 up 14.01% compared to last year.

Belmar

In the year of 2021, 56 single family homes sold in Belmar, down 37.78% from 2020. The average sales price was $1,031,601, up 24.93% from 2020, and the average days on the market were 45 vs 54 days in 2020. Homes sold for 98% of the listing price vs 95% in 2020. Overall, the real estate volume is $57,769,700 down 22.26% compared to last year.

Bradley Beach

In the year of 2021, 45 single family homes sold in Bradley Beach, down 22.41% from 2020. The average sales price was $969,197, up 25.89% from 2020, and the average days on the market were 36 vs 59 days in 2020. Homes sold for 100% of the listing price vs 96% in 2020. Overall, the real estate volume is $43,613,892 down 2.33% compared to last year.

Brielle

In the year of 2021, 77 single family homes sold in Brielle, up 18.46% from 2020. The average sales price was $1,273,919, up 55.60% from 2020, and the average days on the market were 31 vs 56 days in 2020. Homes sold for 97% of the listing price vs 96% in 2020. Overall, the real estate volume is $98,091,826 up 55.60% compared to last year.

Lake Como

In year of 2021, 32 single family homes sold in Lake Como, up 3.23% from 2020. The average sales price was $706,140, up 32.54% from 2020, and the average days on the market were 27 vs 53 days in 2020. Homes sold for 101% of the listing price vs 97% in 2020. Overall, the real estate volume is $22,596,488 up 36.81% compared to last year.

Manasquan

In the year of 2021, 98 single family homes sold in Manasquan, down 7.55% from 2020. The average sales price was $1,047,478, up 11.19% from 2020, and the average days on the market were 37 vs 53 days in 2020. Homes sold for 99% of the listing price vs 98% in 2020. Overall, the real estate volume is $102,652,910 up 2.80% compared to last year.

Neptune City

In the year of 2021, 39 single family homes sold in Neptune City, down 15.22% from 2020. The average sales price was $409,294, up 20.84% from 2020, and the average days on the market were 22 vs 37 days in 2020. Homes sold for 102% of the listing price vs 96% in 2020. Overall, the real estate volume is $15,962,491 up 2.45% compared to last year.

Neptune Township

In the year of 2021, 317 single family homes were selling in Neptune Township, down 4.23% from 2020. The average sales price was $470,240 up 16.83% from 2020, and the average days on market were 25 vs 44 days in 2020. Homes sold for 101% of the listing price vs 98% in 2020. Overall, the real estate volume is $149,066,114 up 11.89% compared to last year.

Ocean Grove

In the year of 2021, 53 single family homes were selling in Ocean Grove, down 31.17% from 2020. The average sales price was $748,605, up over 25.47% from 2020, and the average days on market were 31 vs 49 days in 2020. Homes sold for 100% of the listing price vs 97% in 2020. Overall, the real estate volume is $39,676,074 down 13.64% compared to last year.

Point Pleasant Beach

In the year of 2021, 108 single family homes were selling in Point Pleasant Beach, down 7.69% from 2020. The average sales price was $952,547, up over 32.51% from 2020, and the average days on market were 56 vs 72 days in 2020. Homes sold for 97% of the listing price vs 96% in 2020. Overall, the real estate volume is $102,875,161 up 22.32% compared to last year.

Sea Girt

In the year of 2021, 49 single family homes were selling in Sea Girt, down 9.26% from 2020. The average sales price was $2,681,962, up almost 18.87% from 2020, and the average days on market were 47 vs 77 days in 2020. Homes sold for 98% of the listing price vs 92% in 2020 Overall, the real estate volume is $131,416,181 up 7.86% compared to last year.

Spring Lake

In the year of 2021, 59 single family homes were selling in Spring Lake, down 34.44% from 2020. The average sales price was $3,241,043, up 11.77% from 2020, and the average days on market were 47 vs 89 days in 2020. Homes sold for 97% of the listing price vs 93% 2020. Overall, the real estate volume is $191,221,558 down 26.73% compared to last year.

Spring Lake Heights

In the year of 2021, 45 single family homes were selling in Spring Lake Heights, down 8.16% from 2020. The average sales price was $844,594, up over 26.72% from 2020, and the average days on market were 21 vs 58 days in 2020. Homes sold for 101% of the listing price vs 98% in 2020. Overall, the real estate volume is $38,006,75058 up 16.38% compared to last year.

Wall

In the year of 2021, 292 single family homes were selling in Wall, down more than 20.22% from 2020. The average sales price was $752,255, up 20% from 2020, and the average days on market were 30 vs 50 days in 2020. Homes sold for 100% of the listing price vs 97% in 2020.  Overall, the real estate volume is $219,658,665 down 4.26% compared to last year.

2020 vs 2021 Annual Market Update Information

For more information on other towns annual market updates please contact us and we can help you out! If your town was not listed we would love to send you your town information, just email us! For more market updates please check out our blog nd our market updates tab! 

All of these statistic were pulled from MLS 

Leave a Reply

Your email address will not be published.