Harvey Cedars Real Estate Sales in the First Quarter of 2013

Long Beach Island Real Estate and Harvey Cedars Real Estate Update in the First Quarter of 2013

 

Harvey Cedars Real Estate Sales in the First Quarter of 2013
Harvey Cedars Real Estate Sales in the First Quarter of 2013

Harvey Cedars Real Estate

The Long Beach Island real estate market was impacted by Hurricane Sandy which made landfall at the end of October 2012. Hurricane Sandy caused massive damage to the Long Beach Island area, however Harvey Cedars fared well thanks to the beach replenishment. The beach replenishment helped to protect the Harvey Cedars area and much of the storm damage shifted south to North Beach (which did not have a beach replenishment project). Real estate sales in Harvey Cedars were strong, even in the wake of Hurricane Sandy as is evidenced in this Harvey Cedars Real Estate Sales in the First Quarter of 2013.

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Harvey Cedars Real Estate Sales in the First Quarter of 2013

Sales of single family homes in the Harvey Cedars real estate market on Long Beach Island were as follows:

  • Three single family homes sold in Harvey Cedars
  • The average price of a single family home was $1,245,833
  • On average, homes spent 181 days on the market

A total of over $3,700,000 worth of homes sold in Harvey Cedars during the first quarter. The least expensive home to sell was 6801 Suffolk where was a four bedroom, two and a half bathroom home selling for $1,100,000.  The most expensive home to sell was 9A West Bergen Ave. which is an impressive four bedroom, three bathroom home selling for $1,475,000. Harvey Cedars reported some of the highest sales in the LBI real estate market for the first quarter of 2013 with all homes selling over the $1,000,000 price point. The entire LBI NJ real estate market was shaken by the impact of Hurricane Sandy, however buyers continued to show interest in homes on Long Beach Island and sales have been improving. For more information about Harvey Cedars Real Estate Sales in the First Quarter of 2013 or if you have any questions about the LBI real estate market, 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

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