Brant Beach Real Estate Second Quarter Sales in 2015

Long Beach Island Real Estate

The LBI real estate market showed strong improvement during the second quarter, and the real estate market in Brant Beach was no exception. While fewer homes sold in the second quarter of 2015 compared to 2014 in Brant Beach, the average price was significantly higher. This, coupled with a shorter time spent on the market, points to an improvement in the LBI real estate market. Brant Beach real estate second quarter sales in 2015 were as follows:

There were eight single family homes sold in Brant Beach during the second quarter
The average sales price was $1,441,563
On average, homes sold for 93.7% of their listing price and spent 113 days on the market

The least expensive home to sell was 26 E. 42nd St., which was a five bedroom, two bath home selling for $750,000. This home spent only 35 days on the market, and sold for 95.54% of its listing price. The most expensive home to sell was 7303 Ocean Blvd., which was a 7 bedroom, 4 ½ bath oceanfront selling for $2,950,000. This home spent 286 days on the market, and sold for 91.47% of the listing price. The median sale price of a single family home in Brant Beach was $1,225,000 and the average price per square foot was $528.41.

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Brant Beach Real Estate in the Long Beach Island Real Estate Market

The Brant Beach real estate market offers many advantages to buyers looking for a home with a central location. The access to the causeway bridge and the attractions of Beach Haven are both readily available. Since Brant Beach is one of the more narrow portions of LBI, most homes are a short walk to the beach. Generally, there are a wide array of homes for sale which can appeal to many different budgets and price points. Real estate sales in the second quarter demonstrate these trends as we see homes ranging from the $700,000 price point to the $3 million price point. For more information about Brant Beach real estate second quarter sales in 2015 or the LBI real estate market in general, contact me and I will be happy to answer any questions you have.

By : Nathan Colmer | The Van Dyk Group

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

www.BuyLBI.com

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