Beach Haven Real Estate Second Quarter Sales in 2016 on Long Beach Island
Beach Haven Real Estate Second Quarter Sales in 2016 on Long Beach IslandLong Beach Island Real Estate
The Beach Haven real estate market had a strong second quarter in 2016. This is a trend we have seen throughout the entire Long Beach Island real estate market as both the number of homes and the average price of single-family homes has been on the rise. There are excellent investment opportunities throughout the markets on Long Beach Island, which helps to fuel this improvement. Overall, Beach Haven real estate second quarter sales in 2016 point to a continuation in the improvement we have seen in the Long Beach Island real estate market.
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Beach Haven Real Estate Second Quarter Sales in 2016 on Long Beach Island
Sales of single-family homes in the Beach Haven real estate market are broken down as follows:
- There were eight closed transactions in Beach Haven during the second quarter.
- The average price of a single-family home was $840,812.
- The average price per square foot was $457.91.
- On average, homes spent 64 days on the market and sold 95.95% of their listing price.
It is interesting to note that the average time on the market was only 64 days. This is well below the average we have seen elsewhere in the LBI real estate market. This helps to support the trend that the Long Beach Island real estate market is on an upward swing. The most expensive homes to sell traded well over the $1,600,000 price point which is higher than the average we see elsewhere on LBI. Taken as a whole, Beach Haven real estate second quarter sales in 2016 were positive. For more information about the Beach Haven real estate market or Long Beach Island real estate market 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
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