Spring Lake 2020 VS 2021 Annual Market Update

Spring Lake 2020 vs 2021 annual market update real estate information – we are experiencing record low inventory levels with home prices soaring. For a summary by town see below.

Real Estate Market Update Avon 2020 vs 2021

Single Family Home Sales 2020

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
90 $206,972,653 $2,899,696 89

 

Single Family Home Sales 2021

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
59 $191,221,558 $3,241,043 47

 

 

The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the yearly sales activity in Spring Lake, NJ.

In 2021, 59 single family homes were sold, which was a decrease from 90 homes in 2020. The total sales volume for sold Single Family homes in Spring Lake Sea in 2021 decreased by 26.73% compared to 2020. The average sales price was $3,241,043, an increase of 11.77% from 2020. The homes were on the market an average of 47 days and sold for 97% 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.

2021 VS 2020 Spring lake

Thank you for reading our Real Estate Market Update First half of 2021 versus 2020.

Information from MLS

For more market updates please visit our website and check out our blog! 

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