Real Estate Market Update Lake Como

The Real Estate Market information the third quarter in Lake Como – we are experiencing record low inventory levels with home prices soaring. For a summary by town see below. Real Estate Market Update Lake Como 3rd Quarter 2020 vs 3rd Quarter  2021

Single Family Home Sales 2020

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
13 $8,135,500 $625,807 31

 

Single Family Home Sales 2021

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
5 $3,839,900 $767,980 15

 

 

The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the Real Estate Market Update Lake Como. 

In 2021, 5 single family homes were sold, which was a decrease from 13 homes in 2020. The total sales volume for sold Single Family homes in Lake Como in 2021 decreased by 52.80% compared to 2020. The average sales price was $767,980, an increase of 22.72% from 2020. The homes were on the market an average of 15 days and sold for 98% 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.

Real Estate Market Update Lake Como

 

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