Loveladies First Quarter Real Estate Transactions In 2015

Real Estate Sales in the Loveladies Real Estate Market During The First Quarter Of 2015

Loveladies showed a very impressive first quarter with a higher average sales price and a very high volume of closed transactions. Sales of single-family homes in the Loveladies real estate market were as follows:

Nine single-family homes closed in Loveladies during the first quarter 2015
The average sales price of a single-family home was $2,415,833 and median sales price was $2,100,000
The average price per square foot of a single-family home in Loveladies was $685.05
On average, homes spent 139 days on the market

The least expensive home to sell in Loveladies during the first quarter was 77 A Long Beach Blvd. which traded for $845,000. The most expensive home to sell was 9 Long Beach Blvd. #C which sold for an impressive $7,700,000. The average price per square foot is significantly higher in Loveladies than elsewhere in the LBI real estate market. Interestingly, the difference between the listing price and sales price of a single-family home was greater in the average is seen on Long Beach Island. On average, homes in Loveladies traded at 94.4% of their listing price. Overall, Loveladies First Quarter Real Estate Transactions In 2015 were very strong with an impressive number of homes sold.

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Long Beach Island Real Estate

The LBI real estate market continued to show strong improvement throughout the first quarter 2015. Sales of single-family homes, condominiums, duplexes, and vacant land continue to rise as investment in the LBI real estate market continues to be appealing. For more information about Loveladies First Quarter Real Estate Transactions In 2015 or the Long Beach Island real estate market in general, 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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