Beach Haven Crest Real Estate Transactions in the Second Quarter of 2013

Posted on by Nathan Colmer

LBI NJ Real Estate and Beach Haven Crest Real Estate Sales in the 2nd Quarter of 2013

Beach Haven Crest Real Estate Transactions in the Second Quarter of 2013

Beach Haven Crest NJ Real Estate

Real estate sales in Beach Haven Crest showed overall improvement in the second quarter, however they were still far lower than the average price of a single family home on Long Beach Island. As the recovery continues on Long Beach Island, we can expect to see home prices continue to rise. Beach Haven Crest Real Estate Transactions in the Second Quarter of 2013 showed a higher average price which a trend we saw elsewhere on Long Beach Island.

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Beach Haven Crest Real Estate Transactions in the Second Quarter of 2013

Beach Haven Crest single family home sales were as follows:

  • Two homes sold in Beach Haven Crest
  • The average price was $575,000
  • Homes spent an average of 120 days on the market

While only two sales may seem low, it is important to remember that volume is always slower in Beach Haven Crest thanks to its small size. Representing only a few blocks of Long Beach Township, even in the best of markets the area will only report a few sales. The higher average price shows how buyers are willing to already pay more than in the immediate aftermath of Hurricane Sandy which is a trend we should continue to see as the overall market improves on Long Beach Island.

Long Beach Island Real Estate and Beach Haven Crest Real Estate

As 2013 progressed, buyer confidence improved in the LBI real estate market. Many of the questions and concerns about flood insurance have been answered and buyers now understand that flood rates will be affordable. This has helped encourage buyer activity from both end users and investors. If you have any questions about Beach Haven Crest Real Estate Transactions in the Second Quarter of 2013 or the LBI real estate market, 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

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

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