Brant Beach Real Estate Sales Market Update in the Long Beach Island New Jersey Real Estate Market
Long Beach Island NJ Real Estate
Long Beach Island NJ Real Estate
Brant Beach real estate 2016 sales constituted roughly 1/5 of all home sales in Long Beach Township. In addition, the real estate market in Brant Beach showed some of the strongest activity throughout the LBI real estate market. The average price of a single-family home was higher than the average price of the cumulative LBI real estate market, and this, coupled with impressive activity, helps to make Brant Beach one of the strongest areas of the real estate market on Long Beach Island.
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Brant Beach Real Estate 2016 Sales
Sales of single-family homes in the Brant Beach real estate market are broken down as follows:
- There were 42 closed transactions in the Brant Beach real estate market.
- The average price of a single-family home was $1,233,381.
- The median price of a single-family home was $1,125,000.
- On average, homes sold for $525.87 per sq. ft. and sold for 94.43% of their list price.
- The average length of time a home spent on the market was 151 days.
The most expensive home to sell was 5605 Ocean Blvd. which was a nine bedroom six bath home selling for $3,900,000. This home spent nearly 1200 days on the market and sold for 97.62% of the listing price. The least expensive home to sell was 7 Sea Gull Ave which was a storm damaged home, selling for the land value. This home sold for $330,000 after spending 115 days on the market. This represents a sale price to list price ratio of 90.29%. For more information about Brant Beach real estate 2016 sales or the Long Beach Island 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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