Harvey Cedars Real Estate Third Quarter Sales in 2015

Harvey Cedars Real Estate Third Quarter Sales in 2015

Harvey Cedars Real Estate Third Quarter Sales in 2015
Harvey Cedars Real Estate Third Quarter Sales in 2015

Long Beach Island New Jersey Real Estate

The Harvey Cedars real estate market had a very strong third-quarter with more sales than Loveladies and North Beach combined. While the average sales price of a single-family home was lower than Loveladies or North Beach, it is interesting to note the variation in price points and designs of homes that traded during this time. Harvey Cedars real estate third quarter sales in 2015 certainly produced interesting results.

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Harvey Cedars Real Estate Third Quarter Sales in 2015

Sales of single-family homes in Harvey Cedars were as follows:

  • There were a total of nine closed transactions during this time
  • The average sales price of a single-family home was $1,321,833 with a median sale price of $1,100,000
  • The average price per square foot of a single-family home was $595.30
  • The average time a home spent on the market was 153 days
  • The average sales price to list price ratio was 93.77%

The least expensive home to sell was 10 W. 85th Street. This was a four bedroom two bathroom home selling for $550,000. This home spent 305 days on the market and sold for 80.85% of the original listing price. The most expensive home to sell was 14 East Salem Avenue. This was a 5 bedroom 5 ½ bath home built in 2015. This impressive property sold for $3,699,000 after spending 284 days on the market.

Harvey Cedars and Long Beach Island New Jersey Real Estate

The Harvey Cedars real estate market, like all real estate markets on Long Beach Island, showed a wide variation in the style and price points of the homes sold. There was a healthy mix of homes that sold on the bayside, oceanside, and waterfront locations. We can see this healthy mix in the wide range of sold price points, with four homes trading under the million dollar price point and five homes trading above the million dollar price point. Overall, Harvey Cedar’s real estate third quarter sales in 2015 were positive, and point to a strengthening in the LBI real estate market. For more information about Harvey Cedars real estate or the LBI real estate market in general, contact me and I will be happy to answer any questions you have.

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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