Lacey Twp Real Estate Market Trends

By
Real Estate Agent with Keller Williams Shore Properties 1005238

Lacey Township Sales Price Up Almost 15%

We are in a “Seller’s Market.” Over the past year in Lacey Twp, median list price and median sale price is up. The total number of homes sold in 2020 is down slightly due to lack of inventory, while pending homes sold (yet to close) has increased significantly. Reminder: over 600 Lacey homes have sold in the last 12 months.

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Lacey Real Estate Market Activity: In Comparison to Last Year:

  • Median List Price: Up 12.14%
  • Median Sale Price: Up 14.72%
  • Median Days on Market: 20 (# of days on market before property sells)
  • Sold Listings: 640, Down 4.8%
  • Pending Sold Listings (this month): Up 83.3%
  • Active Listings (this month): Down 43.8%
  • New Listings (this month): Up 40.0%

Here’s the breakdown for Lanoka Harbor and Forked River

Lanoka Harbor Real Estate Market Activity: 2020 in Comparison to 2019:

  • Median List Price: Up 16.37%
  • Median Sale Price: Up 21.84%
  • Median Days on Market: 20 (# of days on market before property sells)
  • Sold Listings: 155, Up 17.4%
  • Pending Sold Listings (this month): Up 100%
  • Active Listings (this month): Down 54.1%
  • New Listings (this month): Up 100%

Lanoka Harbor Housing Market Summary: The Market Activity Report is a snapshot of all the changes in a local real estate market over the last 24 months

Forked River Real Estate Market Activity: 2020 in Comparison to 2019:

  • Median List Price: Up 7.49%
  • Median Sale Price: Up 13.96%
  • Median Days on Market: 19 (# of days on market before property sells)
  • Sold Listings: 485, Down 21.8%
  • Pending Sold Listings (this month): Up 87.0%
  • Active Listings (this month): Down 40.3%
  • New Listings (this month): Up 28.6%

Forked River Housing Market Summary: The Market Activity Report is a snapshot of all the changes in a local real estate market over the last 24 months

Bottom Line:  The seller’s market in Lacey will continue and the word is getting out. If you’re thinking about selling, NOW may be the time.

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If you have any questions, please contact me at your convenience.

Karl Hess provides expert real estate services to residential buyers and sellers in Lacey Twp and the surrounding communities. Contact us today for more information on Forked River and Lanoka Harbor Real Estate and for professional assistance navigating this complex home market.

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 609-553-7926

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 Licensed in New Jersey.  Keller Williams Shore Properties 

770 Lighthouse Dr. Barnegat, NJ Phone: 732-797-9001

 

 

 

Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Feb 07, 2021 04:24 AM

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