Ocean Grove 3rd Quarter 2020 vs 3rd Quarter 2021
The Real Estate Market information for Ocean Grove 3rd Quarter-we are experiencing record low inventory levels with home prices soaring. For a summary by town see below. Real Estate Market Update Ocean Grove 3rd Quarter 2020 vs 3rd Quarter 2021
Single Family Home Sales 2020
| MONTHLY SALES | MONTHLY VOLUME | AVG SALE | AVG DOM |
| 32 | $17,697,750 | $553,054 | 65 |
Single Family Home Sales 2021
| MONTHLY SALES | MONTHLY VOLUME | AVG SALE | AVG DOM |
| 18 | 11,006,000 | 6,11,444 | 13 |
The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of recent sales activity in Ocean Grove, NJ.
In 2021, 18 single family homes were sold, which was a decrease fromc65 homes in 2020. The total sales volume for sold Single Family homes in Ocean Grove in 2021 decreased 43.75% compared to 2020. The average sales price was $611,444 an increase of 10.56% from 2020. The homes were on the market an average of 13 days and sold for 103% of the listing price.
When buying a home, local market data and Realtor expertise make ALL the difference. We update the local market data quarterly 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.
For more Market updates in Monmouth County please visit our blog here!