Barnegat Light Real Estate Update August-February 2019

Barnegat Light Real Estate Update August-February 2019

Barnegat Light Real Estate Single Family Home Sales Update

Barnegat Light NJ Real Estate

Barnegat Light is truly a special place on Long Beach Island. Known for its wide beaches, natural protection from storms, quite seashore feel and of course the Barnegat Lighthouse the area has mass appeal to home buyers. With tighter development restrictions Barnegat Light has maintained much of its historic charm. When looking to buy in the Barnegat Light real estate market it is helpful to understand how the market has performed over the past 6 months. In summary:

  • 21 single family homes sold in Barnegat Light
  • The average price of a single family home was $867,000
  • On average homes spent 76 days on the market

By : Nathan Colmer | The Van Dyk Group

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

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

Barnegat Light Real Estate Update August-February 2019

Below is a breakdown of all 21 single family homes that have sold in the Barnegat Light real estate market over the past 6 months. They are in order from the least expensive to the most expensive.

MLS#Street NumberStreet NameMunicipalityCurrent PriceBeds TotalBaths FullBaths HalfSq Ft TotalDOM
4055260700BroadwayBarnegat Light$275,000 21191521
4045424318thBarnegat Light$535,000 3201,420178
40581111411thBarnegat Light$550,000 2201,40073
4049309513thBarnegat Light$600,500 5301,46252
40478881613thBarnegat Light$602,500 4111,408146
4053738812thBarnegat Light$610,000 4201,50065
40479581525thBarnegat Light$612,500 4302,060158
404364494thBarnegat Light$650,000 3211,976181
4055460901CentralBarnegat Light$670,000 3111,68731
40535772606CentralBarnegat Light$699,000 5201,63226
40529881815thBarnegat Light$775,000 4122,50042
40436421219thBarnegat Light$785,000 4312,598183
40519221905CentralBarnegat Light$850,000 4212,18866
4034374227thBarnegat Light$865,000 4201,836116
4053408419thBarnegat Light$925,000 6213,16814
40514647East 5th StreetBarnegat Light$950,000 4302,00033
405027510West 22nd StreetBarnegat Light$962,500 4302,04485
40284422110Bayview AvenueBarnegat Light$1,100,000 4212,300382
4034684701BroadwayBarnegat Light$1,200,000 4201,750434
40494513East 23rd StreetBarnegat Light$1,375,000 5303,30076
40479901006BayviewBarnegat Light$1,550,000 4423,200161

Barnegat Light Real Estate

Status: Closed (21)
BedsBathsSq Ft TotalList PriceRATIO Current Price By SQFTRATIO Close Price By List PriceDOM
Min21915$295,000 $291.98 88.89%14
Max643,300$1,649,000 $685.71 100%434
Avg422,016$867,657 $406.76 94.33%120
Median421,976$799,999 $406.67 .76
Sum...$18,220,799 ...

The data above shows some interesting trends. The average price of a single family home in Barnegat Light is a little lower than the average on Long Beach Island (usually around $1,000,000). Much of this has to do with the lower number of spec (flip) houses that we see in the area. New construction that is built and sold for a profit drives up the average home price in the rest of the LBI real estate market. Overall the Barnegat Light real estate market has performed well over the past 6 months. For more information about Barnegat Light Real Estate Update August-February 2019 or about the Long Beach Island real estate market please do not hesitate to 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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