Let’s compare how the real estate market in Monmouth and Ocean counties performed in December 2020 compared to last year. December, typically a slower month for real estate, did not deter buyers this holiday season and both counties had 47-56% more sales this year than last. Low levels of supply continue to drive prices up and homes also sold more quickly than last year. More people paid cash this year than last in each category (Single Family vs. Condo in both counties).
Check out the infographics I created based on the information supplied by the Monmouth Ocean Regional Realtors.
Below is a report run by my broker which gives a more in depth look at sales in some areas Monmouth County 2019 vs. 2020. Note the price differences between each year.
2021 is already starting off strong for real estate ESPECIALLY if you are thinking of selling!
If you have any questions about the market or thinking of buying/selling please, call/text or email me anytime!
732-508-7402 #BuySellRentWithMC
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