Beach Haven Gardens Real Estate Third Quarter Sales in 2016
Beach Haven Gardens Real Estate Third Quarter Sales in 2016
Long Beach Island Real Estate
The real estate market in Beach Haven Gardens shared interesting activity during the third quarter. Overall, the Long Beach Island real estate market had a strong performance with generally increasing activity and prices. The Beach Haven Gardens real estate third quarter sales in 2016 helped to contribute to the improvement seen throughout Long Beach Island.
Beach Haven Gardens Real Estate Third Quarter Sales in 2016
Single-family homes in the Beach Haven Gardens real estate market are broken down as follows:
- There were three closed transactions during the third quarter.
- The average price of a single-family home was $1,014,667.
- On average, homes sold for $479.72 per square foot.
- The homes spent an average of 132 days on the market and had a sales price to list price ratio 94.21%.
The least expensive home was 15 E. 30th Street. This was a four bedroom, three bathroom traditional Cape Cod style house with 1750 feet of living space. This home sold for $750,000 after spending 86 days on the market. This represents a price per square foot of $428.57. The most expensive home to sell was 109 E. 30th St. which was a brand-new construction with five bedrooms, 3 1/2 bathrooms with 2300 feet of living space. This home sold for $1,250,000 after spending 104 days on the market. This represents a price per square foot of $543.48.
Beach Haven Gardens and the LBI NJ Real Estate Market
It is interesting to point out that there were two new construction sales in the LBI real estate market in Beach Haven Gardens. Both of these homes were investment properties purchased with an old existing home on the lot to be torn down for a new construction. There are many such investment opportunities throughout the Long Beach Island real estate market, and purchasing a tear down and building a new construction can be one of the best and most lucrative uses of one’s money in the Long Beach Island real estate market. For more information about Beach Haven Gardens real estate third quarter sales in 2016 or the LBI New Jersey real estate market in general, 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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