Long Beach Island Real Estate and The Dunes
2014 Second Quarter Sales in The Dunes on LBI NJ
LBI NJ Real Estate and 2014 Second Quarter Sales in The Dunes on LBI NJ
The second quarter of real estate sales in The Dunes showed a strong improvement in sales. While there was only one home sold, it was a very expensive oceanfront. This home sale was 12505 Ocean Ave, a four bedroom, three and a half bathroom oceanfront home selling for $2,398,000 after spending only 11 days on the market. This is an impressive sale not only for the price, but also for the short time the home spent on the market. 2014 Second Quarter Sales in The Dunes on LBI NJ reflect an improvement in buyer confidence!
Throughout the rest of the real estate market on Long Beach Island, home prices rose and activity increased. There has been a strong interest in new construction and building investments. Single family homes continue to be the most active area of homes sales on Long Beach Island, both traditional Cape Cods and new construction!
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2014 Second Quarter Sales in The Dunes on LBI NJ
The shorter listing time period and the higher sales price of a home in The Dunes show how far the LBI real estate market has come since Hurricane Sandy. While buyer’s do still question topics such as flood insurance, much of the fear we saw a year ago has passed. For more information about the LBI real estate market or 2014 Second Quarter Sales in The Dunes on LBI NJ, please send me a message and I will respond right away!
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.BuyLBI.com
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