2020 VS 2021 WALL ANNUAL MARKET UPDATE

The Real Estate 2020 vs 2021 Wall Annual Market Update– we are experiencing record low inventory levels with home prices soaring. For a summary of Wall see below.

Real Estate Market Update Wall annual 2020 vs 2021.

Single Family Home Sales 2020

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
366 $229,433,534 $626,867 50

 

Single Family Home Sales 2021

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
292 $219,658,665 $752,255 100

 

The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of recent sales activity in Wall, NJ.

In 2021, 292 single family homes were sold, which was an decreased from 106 homes in 2020. The total sales volume for sold Single Family homes in Wall in 2021 increased by 4.26% compared to 2020. The average sales price was $752,255, an increase of 20.00% from 2020. The homes were on the market an average of 30 days and sold for 100% of the listing price.

When buying a home, local market data and Realtor expertise make ALL the difference. We update the local market data annual here, so check back frequently. If there’s a town not listed here that you would like market data for, email homes@theconnollyagency.com or give us a call at 732 361 0800.

 

Thank you for reading our Real Estate Market Update First half of 2021 versus 2020.

Information provided by Flex MLS.

For more  market updates please visit our website and check out our blog that is updated weekly.

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