Barnegat Light First Quarter Real Estate Sales in 2015

Barnegat Light Real Estate Transactions During The First Quarter of 2015

Barnegat Light First Quarter Real Estate Sales in 2015
Barnegat Light First Quarter Real Estate Sales in 2015

Barnegat Light Real Estate

The real estate market in Barnegat Light showed stable activity during the first quarter 2015. Sales of single-family homes were as follows:

  • Three single-family homes sold in the Barnegat Light real estate market
  • The average price of a single-family home was $764,000 and the median price was $785,000
  • On average, single-family homes spent 130 days on the market
  • The average price per square foot was $460.27

Overall, real estate transactions in Barnegat Light reflected the general strength of the LBI real estate market. Sales of single-family homes have been on the rise, and the average price has been increasing as well. The average price per square foot of $460.27 is a realistic number that can be used for the evaluation of similar homes on the market for sale in Barnegat Light. Barnegat Light First Quarter Real Estate Sales in 2015 started the year off on a positive note and the current trends we see in the LBI real estate market point to a continuation of the overall improvement of Long Beach Island.

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Long Beach Island Real Estate

The LBI real estate market has been witnessing a period of strong growth and rising prices. Much of this has to do with the impact of Hurricane Sandy, and the overall improvements made to the area since Hurricane Sandy made landfall. New construction is taking place all over Long Beach Island and both investors and end user buyers have been taking advantage of the opportunities that present themselves in the current market. For more information about Barnegat Light first-quarter real estate sales in 2015 or the Long Beach Island real estate market in general, contact me 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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