Brant Beach Real Estate Sales UpdateLong Beach Island NJ Real Estate
The real estate market in Brant Beach was surprisingly strong during fourth quarter. Overall, sales on Long Beach Island have increased as compared to one year ago, and Brant Beach was no exception to this upward trend. In fact, of the 68 closed transactions in Long Beach Township, Brant Beach real estate 2016 fourth-quarter sales registered 10 of them!
Brant Beach Real Estate 2016 Fourth-Quarter Sales
Sales of single-family homes in the Brant Beach real estate market are broken down as follows:
- There were 10 closed transactions.
- The average price of a single-family home in Brant Beach was $1,305,000.
- The average price per square foot was $539.20.
- On average, homes spent 86 days on the market and sold for 94.77% of their listing price.
The least expensive home to sell was 5610 Long Beach Blvd. which was a small three bedroom one bathroom Cape Cod. This home sold for $390,000 after spending 56 days on the market. This represents a price per square foot of $696.43 which is surprisingly higher than many new constructions! The most expensive home to sell was 7207 Ocean Blvd. which was an impressive new construction trading for $2,900,000 after spending 62 days on the market. This home sold for $852.94 per square foot which is significantly lower than most new construction oceanfront homes which normally trade closer to $1000 per square foot.
Overall, the Long Beach Island real estate market has presented numerous buying opportunities throughout 2016. The Brant Beach real estate market is no exception and it is interesting to note the wide range of homes in price points available. For more information about Brant Beach real estate 2016 fourth-quarter sales please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | email@example.com
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