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.
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