Long Beach Island Real Estate and The Dunes
The Dunes Real Estate Market in the First Quarter of 2014The LBI Real Estate Market
The first quarter of 2014 began very differently than the first quarter of 2013. While the impacts of Hurricane Sandy may still be on buyer’s minds, much of the fear has dissipated and both the number of homes sold and the average price have increased considerably. The Dunes Real Estate Market in the First Quarter of 2014 reflect this trend.
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The Dunes Real Estate Market in the First Quarter of 2014
Sales of single family homes in The Dunes were as follows:
- Three homes sold
- The average price of a single family home was $826,500
- Homes spent an average of 86 days on the market
The least expensive home to sell was 1 E Marine, a six bedroom Oceanside home on Long Beach Blvd. This non-elevated home sold for $514,500. The most expensive home to sell was 119 N. Ohio which sold for $1,250,000 after spending only 15 days on the market.
Long Beach Island and The Dunes
The LBI real estate market has improved quite a bit over the past year. A look at year over year sales in The Dunes shows a higher average price and non storm damaged home sales. For more information about the LBI real estate market or The Dunes Real Estate Market in the First Quarter of 2014, please call, text or email me 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