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The Connolly Agency

INTERLAKEN, NJ

REAL ESTATE MARKET UPDATE IN INTERLAKEN, NJ

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. 
 
The data below was complied from Monmouth-Ocean Multiple Listing service (FLEX-MLS) and provides an overview of recent sales activity in Interlaken. 
 
For a comprehensive real estate market update in Interlaken, NJ, contact our Shore Real Estate experts at The Connolly Agency. We look forward to hearing from you. 732-361-0800.

2023 compared to 2022 Q1 Single Family Home Sales 

The First Quarter for both years consists of January, February and March. Interlaken in 2023 had 1 home sold compared to 2022 when 1 home also sold. The average sale price also jumped from $1,200,000 in 2022 to $1,712,000 in 2023, which is a 43% increase over the previous year. While the days on market went up from 9 to 13 over the course of year, that is not a huge change for the large price increase. In 2023 homes sold for 107% of the list price as compared to 2022 when homes also got almost full list price at 93%. 


2021 Vs 2022 Yearly End Market Update

In 2022, 6 single homes were sold, which was a decrease from 9 homes in 2021. The total sales volume for sold Single Family homes in Interlaken in 2022 decreased by 27%. The average sales price was $1,082,500, an increase of 9% from 2021. The homes were on the market an average of 22 days and sold for 97% of the listing price.

2021 vs 2022 Market Update

 

In the year of 2022, 6 single homes sold in Interlaken, down 33.33% from 2021. The average sales price was $1,082,500, up 9.21% from 2021, and the average days on market were 22 vs 69 days in 2021. Homes sold for 97% of the listing price vs 95% in 2021. Overall, the real estate volume is $6,495,000  down 27.19% compared to last year. 

 

The information is deemed reliable but not guaranteed

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