Barnegat Light Real Estate Market Sales in the Third Quarter or 2014

Long Beach Island Real Estate and Barnegat Light Real Estate Market Statistics For The Third Quarter Of 2014

Barnegat Light Real Estate Market Sales in the  Third Quarter or 2014
Barnegat Light Real Estate Market Sales in the Third Quarter or 2014


Barnegat Light Real Estate and the Long Beach Island Real Estate Market

Third quarter sales in the LBI real estate market can be strong in the beginning of the quarter as buyers rush to take possession of their home before summer. Typically, summer is a slower sales season on Long Beach Island but thanks to buyers working to enjoy their summer homes, the quarter is usually strong! 2014 proved to be no exception with a strong number of closed transactions and a higher than average sales price. The Barnegat Light Real Estate Market Sales in the Third Quarter of 2014 show that buyer confidence is still high on Long Beach Island New Jersey!

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Barnegat Light Real Estate Market Sales in the Third Quarter or 2014

Barnegat Light Real Estate Market Sales in the  Third Quarter or 2014 for single family homes are as follows:

  • Six single family homes sold
  • The average sales price of a home was $1,208,333
  • Homes spent an average of 105 days on the market

The average sales price of a single family home was substantially higher in the third quarter of 2014, almost double the usually average sales price! The least expensive sale was a 5 bedroom, 2.5 bath home on the bayside selling for $610,000. The most expensive sale by contrast was an immaculate 4 bedroom, 3.5 bath home with amazing views selling for $2,300,000. The third quarter of 2014 saw three homes selling over $1,000,000 which helps contribute to the higher average sales price. Homes also sold in less time overall at just over 100 days. This is much faster than the overall average time a home spends for sale on Long Beach Island. The LBI real estate market as a whole saw strong activity with a strong average sales price. The increased number of sales in both the LBI real estate market and in Barnegat Light specifically show that buyer confidence is high.
For more information about Barnegat Light Real Estate Market Sales in the Third Quarter or 2014 or the LBI NJ real estate market, feel free to contact me anytime and I will be happy to answer any questions you have!

 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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