Holgate Real Estate Third Quarter Sales in 2015

Long Beach Island New Jersey Real Estate

The Holgate real estate market on Long Beach Island showed a very impressive third quarter. Overall, more than twice the number of homes sold during 2015 than in the same time frame of 2014. The style and nature of homes sold in Holgate were between 1950’s and 1960’s era homes to magnificent new construction on the oceanfront. This again reinforces the notion that there is a wide market on Long Beach Island that has appeal to a range of buyers in different price points. Holgate real estate third quarter sales in 2015 points to a stronger Long Beach Island real estate market for 2016.

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Holgate Real Estate Third Quarter Sales in 2015

Sales of single-family homes in Holgate real estate market on Long Beach Island were as follows:

There were seven closed single-family home transactions
The average price of a single-family home was $1,262,143
The average price per square foot was $514.04
On average, homes spent 79 days on the market

The least expensive home to sell was 14 W. Rosemma Avenue. This was a three bedroom one bathroom home. This home was only 616 sq. ft. sold for $420,500 after spending 95 days on the market. The most expensive home to sell was 4209 Long Beach Boulevard. This was a seven bedroom oceanfront home with seven full bathrooms and two half baths. This magnificent property, which comprised over 5,500 sq. ft. sold for $4 million after spending 170 days on the market.

Holgate Real Estate and the Long Beach Island New Jersey Real Estate Market

There were a wide variety of homes sold in the Holgate real estate market during the third quarter of 2015. It is interesting to point out that three of the seven homes sold were new construction, and built on a speculative basis. These investments should generate a significant return, and are excellent examples of how money can be made when investing in a home in the Long Beach Island real estate market. For more information about Holgate real estate third quarter sales in 2015 or the LBI real estate market in general, contact me and I will be happy to answer any questions you may have.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market