Harvey Cedars NJ Real Estate Update
Harvey Cedars real estate market had a very strong fourth-quarter. Overall, there were 10 sold single-family homes with an average price point greater than that of the average price seen throughout the LBI real estate market. Harvey Cedars real estate 2016 fourth-quarter sales certainly helped to contribute to the positive trends we have seen throughout the LBI real estate market.
Harvey Cedars Real Estate 2016 Fourth-Quarter Sales
Sales of single-family homes in the Harvey Cedars real estate market are broken down as follows:
- There were 10 closed transactions.
- The average price of a single-family home was $1,212,250.
- The average price per square foot was $598.55.
- On average, homes spent 86 days on the market and sold for 93.35% of their listing price.
The least expensive home to sell was 6401 Long Beach Blvd. which was a three bedroom raised ranch on the ocean side. This home sold for $600,000 after spending 42 days on the market. This represents a price per square foot of $543.48. The most expensive home to sell was 11 E. 77th St. which was a brand-new ocean block construction with a pool. This home sold for $2 million after spending 56 days on the market which represents a price per square foot of $800. Overall the Harvey Cedars real estate market and the LBI real estate market in general had a very strong fourth quarter. For more information about Harvey Cedars real estate 2016 fourth-quarter sales or the Long Beach Island 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 | firstname.lastname@example.org
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