Harvey Cedars Real Estate 2016 Fourth-Quarter Sales

Long Beach Island NJ Real Estate

Harvey Cedars NJ Real Estate Update

Long Beach Island NJ Real Estate
Long Beach Island NJ Real Estate

Long Beach Island NJ Real Estate

Harvey Cedars real estate market had a very strong fourth-quarter. Overall, there were 10 sold single-family homes with an average price point greater than that of the average price seen throughout the LBI real estate market. Harvey Cedars real estate 2016 fourth-quarter sales certainly helped to contribute to the positive trends we have seen throughout the LBI real estate market.

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Harvey Cedars Real Estate 2016 Fourth-Quarter Sales

Sales of single-family homes in the Harvey Cedars real estate market are broken down as follows:

  • There were 10 closed transactions.
  • The average price of a single-family home was $1,212,250.
  • The average price per square foot was $598.55.
  • On average, homes spent 86 days on the market and sold for 93.35% of their listing price.

The least expensive home to sell was 6401 Long Beach Blvd. which was a three bedroom raised ranch on the ocean side. This home sold for $600,000 after spending 42 days on the market. This represents a price per square foot of $543.48. The most expensive home to sell was 11 E. 77th St. which was a brand-new ocean block construction with a pool. This home sold for $2 million after spending 56 days on the market which represents a price per square foot of $800. Overall the Harvey Cedars real estate market and the LBI real estate market in general had a very strong fourth quarter. For more information about Harvey Cedars real estate 2016 fourth-quarter sales or the Long Beach Island real estate market in general, please do not hesitate to contact me.

 

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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