Brighton Beach Real Estate Sales in the Second Quarter of 2013

Long Beach Island Real Estate and the Brighton Beach Real Estate Market on Long Beach Island

Brighton Beach Real Estate Sales in the Second Quarter of 2013

 

Brighton Beach Real Estate

The Brighton Beach real estate market continued to see an impact from Hurricane Sandy. In fact, once again we saw no closed real estate transactions in Brighton Beach. While the overall LBI real estate market continue to show improvement, Brighton Beach home sales did not reflect this trend. The good news is, it is not uncommon for a small section of Long Beach Township, such as Brighton Beach, to register no home sales in a given quarter. It is important to remember that the overall LBI real estate market has continued to show improvement and this will factored into the future of Brighton Beach home sales.

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The LBI Real Estate Market and Brighton Beach

Overall, the real estate market on Long Beach Island showed great improvement. Home sales are on the rise and so too has risen the average price. As storm damaged homes become less and less common, we will start to see them be replaced by large new construction.These homes will be worth substantially more money than the original Cape Cods that once occupied a lot. This substantial investment and reconstruction of Long Beach Island is a very good thing for the local economy and the LBI real estate market as a whole. If you have any questions about the real estate market on Long Beach Island or Brighton Beach real estate sales in the second quarter of 2013, please send me a message 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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