Beach Haven Crest Real Estate Fourth Quarter Sales in 2015

Long Beach Island New Jersey Real Estate

The real estate market in Beach Haven Crest had only one closed transaction during the fourth quarter of 2015. The single home to sell was 107 W. Lavenia, which was a five bedroom single-family home with four full bathrooms. This impressive bayfront home offered over 3300 sq. feet and excellent views with the waterfront location. This home sold for $1,436,000 after spending 50 days on the market.

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Beach Haven Crest and the Long Beach Island Real Estate Market

While it may seem that Beach Haven Crest real estate fourth quarter sales in 2015 were unimpressive, it is not uncommon to see only one or two closed transactions in such a small section of the LBI real estate market. In fact, there are many quarters when these small sections will register no close transactions. Overall, the real estate market in 2015 on Long Beach Island has shown significant improvement over 2014, with both the number of homes sold and the average sales price being higher. Since Hurricane Sandy, there has been significant interest in buying a home on Long Beach Island, and even more interest in building new construction. Both of these trends point to an improvement in the LBI real estate market that should continue into 2016. For more information about Beach Haven Crest real estate fourth quarter sales in 2015 or the LBI New Jersey real estate market in general, contact me 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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