Holgate Real Estate 2014 First Quarter Sales

Holgate Real Estate Single-Family Home Sales on Long Beach Island New Jersey

Holgate Real Estate 2014 First Quarter Sales
Holgate Real Estate 2014 First Quarter Sales

Long Beach Island Real Estate

The first quarter showed continued improvement in the LBI real estate market. While there are still many questions regarding flood insurance and damage caused by Hurricane Sandy, buyers have a much better understanding of these issues and are more willing to invest in homes on Long Beach Island. While the overall market on LBI has improved, the improvement is not universally equal in all parts of Long Beach Island. Holgate Real Estate 2014 First Quarter Sales reflect this trend.

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Holgate Real Estate 2014 First Quarter Sales and the LBI NJ Real Estate Market

Sales of single-family homes and Holgate were as follows

  • One home sold
  • This home, 9 West Inlet Rd., sold for $549,000 after spending 625 days on the market

Holgate has always been a slower area of the LBI real estate market. It is not uncommon to see months or even a quarter with no closed transactions. The real estate market in Holgate has been a harder sell in the wake of Hurricane Sandy thanks to the massive damage caused to the area. The good news is, Holgate is making a strong recovery and new construction can be seen on just about every street. In time this will improve the overall value of homes in Holgate which can make the area and appealing investment opportunity. For more information about the LBI real estate market or Holgate Real Estate 2014 First Quarter Sales , 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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