Beach Haven Real Estate Third Quarter Sales in 2016
Beach Haven Real Estate Third Quarter Sales in 2016Long Beach Island Real Estate
The real estate market in Beach Haven, which many consider to be a benchmark of sales throughout the Long Beach Island real estate market, showed strong activity during the third quarter. Overall, a wide variety of homes sold in all styles, locations, and price points. This is very positive when looking at the overall market as it shows the wide range of options available to buyers in the LBI real estate market. In short, Beach Haven real estate third quarter sales in 2016 are certainly a bright spot for the overall Long Beach Island real estate market!
Beach Haven Real Estate Third Quarter Sales in 2016
Sales of single-family homes in the Beach Haven real estate market are broken down as follows:
- There were 10 closed single-family home transactions in Beach Haven.
- The average price of a single-family home was $1,234,400.
- The average price per square foot was $548.12.
- On average, homes spent 193 days on the market and sold for 94.62% of their listing price.
The least expensive home to sell was 505 Dock Rd. which was a storm damaged home on a large lot and sold for $475,000. The most expensive home to sell was 202 14 E. Jeffries Avenue. This was a one-of-a-kind oceanfront estate on two lots. This amazing house offered eight bedrooms with six full bathrooms, and in ground pool. The home has over 5200 feet of living space. This home sold for $5,500,000 after spending 172 days on the market. This represents a price per square foot of $1057.69.
Beach Haven Real Estate and the Long Beach Island NJ Real Estate Market
Overall, the Long Beach Island real estate market, and specifically the real estate market in Beach Haven had a very positive third-quarter. It is encouraging to see the buyers are willing to purchase homes in a wide variety of price points and locations. While subjects such as flood insurance continue to play in important role, there are excellent building and renovation opportunities present in all areas of the LBI real estate market. For more information about Beach Haven Real estate third quarter sales in 2016 or the Long Beach Island 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
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