North Beach Real Estate Sales in the Fourth Quarter of 2013

LBI NJ Real Estate Market Sales in North Beach During the Fourth Quarter of 2013

North Beach Real Estate Sales in the Fourth Quarter of 2013

North Beach NJ Real Estate

As 2013 came to a close, all would agree that 2013 presented some unique challenges. Both buyers and sellers had to come to terms with the damage caused by Hurricane Sandy and the new rules of flood insurance. These changes had a major impact on the LBI real estate market and North Beach in particular. North Beach suffered major damage from Hurricane Sandy and was one of the last areas of Long Beach Island to open. Even with this, the North Beach real estate market showed amazing resilience and remarkable sales figures. North Beach Real Estate Sales in the Fourth Quarter of 2013 were some of the strongest in 2013!

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North Beach Real Estate Sales in the Fourth Quarter of 2013

Sales of single family homes in North Beach on Long Beach Island were as follows:

  • Five single family homes sold
  • The average sales price was $1,563,000
  • Homes spent an average of 163 days on the market.

While the average sales price was roughly half of the average price in the third quarter, the range of home sale prices offer a far more realistic picture of home prices in North Beach. The least expensive sale in North Beach was 1092-C Long Beach Blvd, a 3 bedroom/1 bathroom home selling for $650,000. The most expensive sale was 6 Edgewater Drive a 6 bedroom/ 5.5 bathroom, a beautiful bay front selling for $4,100,000. In total, over $7,800,000 worth of real estate sold in the North Beach Real Estate market in the Fourth Quarter of 2013. For more information about North Beach Real Estate Sales in the Fourth Quarter of 2013 or the Long Beach Island 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

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

More About The LBI Real Estate Market:

  • NORTH BEACH REAL ESTATE MARKET SALES IN THE THIRD QUARTER OF 2013
  • NORTH BEACH REAL ESTATE MARKET SALES IN THE SECOND QUARTER OF 2013
  • NORTH BEACH REAL ESTATE FIRST QUARTER SALES IN 2013