Harvey Cedars Real Estate in the 4th Quarter of 2014

Single Family Home Sales in the Harvey Cedars Real Estate Market

Harvey Cedars Real Estate in the 4th Quarter of 2014
Harvey Cedars Real Estate in the 4th Quarter of 2014

Long Beach Island Real Estate

Single-family home sales showed in their best quarters in 2014. While the LBI real estate market has a number of home styles, including condos, duplexes, interval ownership, vacant land, and commercial properties, single-family homes represent the bulk of activity and are therefore the best metric to use when assessing the overall strength of the LBI real estate market. To that end, Harvey Cedars Real Estate in the 4th Quarter of 2014 showed dramatic improvement in both the number of homes sold in the average sales price.

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Harvey Cedars Real Estate in the 4th Quarter of 2014

Single-family home sales in Harvey Cedars were as follows:

  • 11 home sold in Harvey Cedars
  • The average price of a single-family home was $1,329,545
  • On average, homes spent 80 days on the market

The least expensive home to sell was 5 W. 85th St. This four bedroom two bathroom Cape Cod sold for $615,000 after spending 90 days on the market. The most expensive home to sell was 5310 – each Long Beach Blvd. This impressive home offer five bedrooms five bathrooms and two half bathrooms. 5310 – gauge sold for $3,525,000 after spending 93 days for sale in the LBI real estate market.

Harvey Cedars and the Long Beach Island Real Estate Market

While Harvey Cedars is not a very large section of Long Beach Island, is represented a great number of home sales. Harvey Cedars is an attractive area of investment on the north end of Long Beach Island as it offers privacy, exclusivity, and some convenient stores and restaurants. The overall strength of the real estate market in Harvey Cedars has in no small way helped to contribute to the improvement of the overall Long Beach Island real estate market. For more information about the LBI real estate market or Harvey Cedars Real Estate in the 4th Quarter of 2014 contact 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

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