Brighton Beach Real Estate in the Second Quarter of 2014

Brighton Beach Home Sales on Long Beach Island

Brighton Beach Real Estate

The real estate market in Brighton Beach showed a strong quarter. While the number of homes sold is low compared to some other areas of LBI, the Brighton Beach real estate market is comparatively small. At any given time, there are only about six to ten properties listed for sale. The entire LBI real estate market has improved since Hurricane Sandy and Brighton Beach Real Estate in the Second Quarter of 2014 reflect this trend!

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Brighton Beach Real Estate in the Second Quarter of 2014

Sales of single family homes in the Brighton Beach real estate market are as follows:

Two homes sold in Brighton Beach
The average price was $887,500
Homes spent an average of 56 days on the market

It is interesting that the most expensive home to sell was 32 W 85th Street, a storm damaged bay front home. This property will be torn down and a new home built in its place. This kind of significant investment shows how buyers are optimistic about the future of the LBI real estate market and the Long Beach Island area in general.

Long Beach Island Real Estate Sales

Since Hurricane Sandy, the Long Beach Island real estate market has shown vast improvement. The average price of a single family home is much higher and activity has increased. New homes are being built all around LBI which has helped to improve the safety of the area and increased property values. For more information about the LBI real estate market or Brighton Beach Real Estate in the Second Quarter of 2014, 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:

REAL ESTATE SALES IN BRIGHTON BEACH DURING THE FIRST QUARTER OF 2014
BRIGHTON BEACH REAL ESTATE SALES IN THE FOURTH QUARTER OF 2013
BRIGHTON BEACH REAL ESTATE SALES IN THE THIRD QUARTER OF 2013