3rd Quarter Market Update 2021 vs 2020

Down below we have compared the 3rd quarter market update of 2021 vs 2020. What you can tell from the information down below is the inventory has dropped but the average sales price has gone up in each town. The days on the market have also gone down compared to 2020. Houses are selling fast, and the market prices have gone up in the 3rd Quarter of 2021 vs 2020.

Allenhurst

In the third quarter of 2021, 2 single family homes were sold in Allenhurst, up 0% from 2020. The average sales price was $1,120,000, up 33.7% from 2020, and the average days on market were 141 vs 74 days in 2020. Homes sold for 93%, on par with 2020.

Asbury Park

In the 3rd quarter of 2021, 19 single family homes sold in Asbury Park, down 24% from 2020. The average sales price was $643,052 up 19.86% from 2020, and the average days on market were 48 vs 38 days in 2020. Homes sold for 102% of the listing price vs 98% in 2020.

Avon-By-The-Sea

In the third quarter of 2021, 5 single family homes sold in Avon, down 37.50% from 2020. The average sales price was $1,632,099, up 42.32% from 2020, and the average days on market were 33 vs 44 days in 2020. Homes sold for 99% of the listing price vs 100% in 2020.

Belmar

In the third quarter of 2021, 11 single family homes sold in Belmar, down 60.71% from 2020. The average sales price was $1,007,181, up over 22% from 2020, and the average days on the market were 23 vs 43 days in 2020. Homes sold for 102% of the listing price vs 95% in 2020.

Bradley Beach

In the third quarter of 2021, 12 single family homes sold in Bradley Beach, down 33.33% from 2020. The average sales price was $1,149,250, up 47.33% from 2020, and the average days on the market were 40 vs 47 days in 2020. Homes sold for 100% of the listing price vs 98% in 2020.

Brielle

In the first half of 2021, 22 single family homes sold in Brielle, up 13.64% from 2020. The average sales price was $1,468,120, up 62.71% from 2020, and the average days on the market were 29 vs 51 days in 2020. Homes sold for 97%, on par with 2020.

Lake Como

In the third quarter of 2021, 5 single family homes sold in Lake Como, down 61.54% from 2020. The average sales price was $767,980, up 22.72% from 2020, and the average days on the market were 16 vs 31 days in 2020. Homes sold for 98% of the listing price vs 97% in 2020.

Manasquan

In the third quarter of 2021, 35 single family homes sold in Manasquan, up over 2.94% from 2020. The average sales price was $1,239,725, up 48.26% from 2020, and the average days on the market were 38 vs 67 days in 2020. Homes sold for 98% of the listing price vs 97% in 2020.

Neptune City

In the third quarter of 2021, 7 single family homes sold in Neptune City, down 56.25% from 2020. The average sales price was $409,285, up 38.54% from 2020, and the average days on the market were 30 vs 39 days in 2020. Homes sold for 101% of the listing price vs 96% in 2020.

Neptune Township

In the third quarter of 2021, 86 single family homes were selling in Neptune Township, down 16.50% from 2020. The average sales price was $454,409, up 8.50% from 2020, and the average days on market were 19 vs 40 days in 2020. Homes sold for 102% of the listing price vs 99% in 2020.

Ocean Grove

In the third quarter of 2021, 18 single family homes were selling in Ocean Grove, down 43.75% from 2020. The average sales price was $611,444, up over 10.56% from 2020, and the average days on market were 13 vs 65 days in 2020. Homes sold for 103% of the listing price vs 98% in 2020.

Point Pleasant

In the first half of 2021, 25 single family homes were selling in Point Pleasant Beach, down 28.57% from 2020. The average sales price was $767,051, up over 8.91% from 2020, and the average days on market were 34 vs 41 days in 2020. Homes sold for 98% of the listing price vs 97% in 2020.

Sea Girt

In the first half of 2021, 16 single family homes were selling in Sea Girt, down 50% from 2020. The average sales price was $3,698,307, up almost 15.31% from 2020, and the average days on market were 49 vs 84 days in 2020. Homes sold for 96%, in par with  2020.

Spring Lake

In the first half of 2021, 13 single family homes were selling in Spring Lake, down 50% from 2020. The average sales price was $3,689,307, up over 15.31% from 2020, and the average days on market were 49 vs 84 days in 2020. Homes sold for 96% of the listing price in par with 2020.

Spring Lake Heights

In the first half of 2021, 11 single family homes were selling in Spring Lake Heights, down 42.11% from 2020. The average sales price was $839,454, up over 17.31% from 2020, and the average days on market were 25 vs 76 days in 2020. Homes sold for 99% of the listing price vs 98% in 2020.

Wall

In the first half of 2021, 132 single family homes were selling in Wall, down more than 4% from 2020. The average sales price was $753,004, up 36% from 2020, and the average days on market were 36 vs 67 days in 2020. Homes sold for 100% of the listing price vs 97% in 2020.

 

All of these statistic were pulled from MLS 

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