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The Connolly Agency

Spring Lake First Half Market Update

Spring Lake first half market update 2021 vs 2022– we are experiencing record low inventory levels with home prices soaring. For a summary of Spring Lake see below.

Real Estate Market Update Spring Lake annual 2021 vs 2022.

Single Family Home Sales 2021

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
28 $87,689,559 $2,950,133 16

 

Single Family Home Sales 2022

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
26 $82,301,500 $3,165,442 26

 

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

In the first half of 2022, 26 single family homes sold in Spring Lake, down more than -7.14% from 2021. The average sales price was $3,165,442 up 1.08% from 2021, and the average days on market were 26 vs 16 days in 2021. Homes sold for 99% of the listing vs 97% in 2021. Overall, the real estate volume is $82,301,500, down 6.14% in comparison to last year.

 

When buying a home, local market data and realtor expertise make ALL the difference. We update the local market data annual 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.

Thank you for reading our Real Estate Spring Lake First Half Market Update of 2021 versus 2022.

Information from Flex MLS

For more first half market updates 2021 vs 2022 please visit our website and follow our weekly updated blog

 

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