Our December real estate market reports for South Orange and Maplewood are in, providing a full overview of 2021 market trends. Maplewood’s average sale price is up by 13.7% to $758,426. South Orange’s average sale price is up by 15.97% to $815,150. The average Maplewood home was on the market for 22 days- a 14.4% drop from 2020. The average South Orange home was on the market for 24 days, down 35.46% from last year. There were 376 units sold in Maplewood in 2021 up almost 9% from the prior year. Volume in South Orange was down 4.2% with 274 units sold. In both towns, there is a critically low level of homes on the market, with less than one month of unsold inventory available.

2021 December Maplewood Market Report

2021 December South Orange Market Report

We’d love to hear about your goals for the year and how we can help. As always, if you have questions about the market, buying or selling please contact us. We’d be happy to consult with you confidentially. You can email Allison at [email protected] to arrange a time to talk.

The Allison Ziefert Real Estate Group is a top producing real estate team based at Compass in Short Hills, NJ. We are local market experts, specializing in real estate and homes in Maplewood, South Orange, Millburn/Short Hills, Montclair, West Orange, NJ and the surrounding towns. We are driven by earning great testimonials and referral business from happy clients. You can read our testimonials here.