INTERLAKEN, NJ
REAL ESTATE MARKET UPDATE IN INTERLAKEN, NJ
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
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