Brant Beach Real Estate Sales in the First Quarter of 2013

LBI Real Estate and Brant Beach Real Estate Market Report in the First Quarter of 2013

Brant Beach Real Estate Sales in the First Quarter of 2013

Brant Beach NJ Real Estate

The Brant Beach real estate market, like the rest of the LBI real estate market  saw an influence from Hurricane Sandy. Home sales were somewhat tepid as buyers struggled to understand the changes to flood insurance and the housing market. One very important factor in Brant Beach was the partly completed beach replenishment project. While the southern area of Brant Beach was not replenished due to a few oceanfront homeowner holdouts refusing to approve the project. the sections of Brant Beach that were replenished fared much better. Homes in these areas did not experience as much damage which will help to keep home prices steady in these areas. Regardless, Brant Beach Real Estate Sales in the First Quarter of 2013 reflected the general conditions of the LBI real estate market.

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Brant Beach Real Estate Sales in the First Quarter of 2013

Sales of single family homes in Brant Beach were as follows:

  • Three single family homes sold in Brant Beach
  • The average sales price was $966,667
  • On average, homes spent 125 days on the market

The least expensive home to sell was 5 East Harmony which was a storm damaged home selling for $455,000. This home will mostly likely be torn down to make way for a new home. The most expensive home to sell was 19 E 33rd Street, a four bedroom, three and a half bath new construction just a few homes off the beach.

Brant Beach and the LBI NJ Real Estate Market

The average sales price of a single family home in Brant Beach was in line with the rest of the LBI real estate market. While the entire real estate market on Long Beach Island was influenced by Hurricane Sandy, the rebuilding of LBI has made tremendous progress. This progress helps to keep the LBI real estate market stable and a safe investment. For more information about Brant Beach real estate sales in the first quarter of 2013 or if you have any questions about the LBI real estate market, send me a message and I will respond right away!

 By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

More About The LBI Real Estate Market:

  • SHIP BOTTOM REAL ESTATE SALES IN THE SECOND QUARTER OF 2014
  • SHIP BOTTOM REAL ESTATE IN THE FIRST QUARTER OF 2014
  • SHIP BOTTOM REAL ESTATE SALES UPDATE IN THE FOURTH QUARTER OF 2013