Beach Haven Gardens Real Estate Second quarter Sales in 2016 on Long Beach Island

Beach Haven Gardens Real Estate Second quarter Sales in 2016 on Long Beach Island

Beach Haven Gardens Real Estate Second quarter Sales in 2016 on Long Beach Island

Beach Haven Gardens Real Estate Second quarter Sales in 2016 on Long Beach Island
Beach Haven Gardens Real Estate Second quarter Sales in 2016 on Long Beach Island

Long Beach Island Real Estate

The Beach Haven Gardens real estate market showed strong improvement with five single-family homes selling in the second quarter. 2016 started off on a slower mark for high-end homes so to see a number of homes selling around or above $1 million is certainly a positive sign. Overall, Beach Haven Gardens real estate second-quarter sales in 2016 helped to contribute to the improvement we have been witnessing in the LBI real estate market.

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Beach Haven Gardens Real Estate Second Quarter Sales in 2016 on Long Beach Island

Sales of single-family homes in the Beach Haven Gardens real estate market are broken down as follows:

  • There were five closed transactions.
  • The average price of a single-family home was $954,800.
  • The average price per square foot was $450.22.
  • On average, homes spent 81 days on the market and sold for 93.36% of their listing price.

The least expensive home to sell was 23 E. 30th Street. This is a four bedroom two bathroom home which was renovated after flooding from Hurricane Sandy. This home was below base flood elevation and sold for $665,000 after spending 77 days on the market. This translates to a price per square foot of $494.79. By contrast, the most expensive home to sell was 208 E. South 31st St. which was an oceanfront home selling for $1,387,000. This home spent 142 days on the market and sold for 85.14% of the original listing price. This translates to a price per square for the $586.72.

Overall, home sales in the Beach Haven Gardens real estate market were strong as three of the five transactions traded around the $1 million mark. For more information about Beach Haven Gardens real estate second-quarter sales in 2016 please do not hesitate 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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