2021 Year In Review Market Update
Randi Bennett
Randi Bennett is a distinguished real estate agent in Montville, NJ and the surrounding areas in Morris, Essex and Passaic counties...
Randi Bennett is a distinguished real estate agent in Montville, NJ and the surrounding areas in Morris, Essex and Passaic counties...
2021 was quite the year!
Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%.
2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
Our 2021 Year in Review market update showcases everything you need to know about local real estate trends as we head into the new year.
Our Team's 2021 In Review
$50 Million +
Total Sales Volume
47
Sellers Served
35
Buyers Assisted
18
Days on Market
104.3%
List/Sales Price
Montville Market 2021 Year in Review
336
Homes Sold
$720,000
Avg. List Price
$729,000
Avg. Sales Price
32
Days on Market
102%
List/Sales Price
Curious about how your home's value changed in 2021?
We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information heading into 2022.