The Dunes Real Estate 2016 Sales

Long Beach Island NJ Real Estate

The Dunes Real Estate 2016 Sales and Long Beach Island NJ Real Estate Sales

Long Beach Island NJ Real Estate
Long Beach Island NJ Real Estate

 

 

Long Beach Island NJ Real Estate

The Dunes real estate 2016 sales showed strong activity with nearly one closed transaction each month and an average price point on par with home sales in the LBI real estate market. Both the median and the average price points were strong enough to help create the upward momentum we witnessed in the Long Beach Island real estate market.

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The Dunes Real Estate 2016 Sales

The Dunes single-family home sales in the LBI real estate market are broken down as follows:

  • The average price of a single-family home was $991,545.
  • There were 11 closed transactions in the Dunes.
  • The median price of a single-family home was $962,000 and the average price per square foot was $424.42.
  • Homes sold for an average of 93.76% of their listing price after spending an average of 199 days on the market.

The least expensive home to sell was 9 W. Ramapo which was an older Cape Cod on the bayside. This home sold for $500,000 after spending 305 days on the market. This represents a price per square foot of $277.78. The most expensive home to sell in the Dunes real estate market was 55 W. Ohio Avenue. This was an impressive six bedroom home selling for $1,650,000 after spending just three weeks on the market. This represents a price per square foot of $532.26. For more information about the Dunes real estate 2016 sales or the LBI 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

www.BuyLBI.com

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

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