Brant Beach and the LBI NJ Real Estate Market Report YTD 2019
Ship Bottom NJ Real Estate YTD 2019 Market Report Ship Bottom NJ Real Estate YTD 2019 Market Report Ship Bottom NJ Real Estate YTD 2019 Market Report
Brant Beach and Long Beach Island Real Estate
Brant Beach, one of the largest sections of Long Beach Township on Long Beach Island, saw a comparable average sales price as 2018 but with fewer homes sold. This does go against the general trend of the LBI real estate market which has been seeing a slight increase in activity with a higher average price.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Brant Beach NJ Real Estate YTD 2019 Market Report
Below is a breakdown of all single family home sales in the Brant Beach NJ real estate market on Long Beach Island:
. | Original List Price | Previous List Price | Current Price | DOM |
Min | $389,900 | $429,000 | $391,500 | 10 |
Max | $3,895,000 | $2,799,000 | $3,792,000 | 302 |
Avg | $1,320,260 | $1,086,182 | $1,240,110 | 98 |
Median | $1,042,000 | $949,000 | $972,500 | 62 |
Sum | $39,607,800 | $11,948,000 | $37,203,307 | 0 |
Brant Beach has seen 30 closes sales so far this year compared to 35 in 2018 during the same time frame. The average sales price this year is $1,240,000 with a median price of $$972,500. The average price is about the same but the median price is roughly $72,500 higher this year compared to last.
Long Beach Island Real Estate Market
So far the Long Beach Island real estate market has had a good year. About the same number of single family homes have sold in 2019 compared to 2018 but the average price is about $100,000 higher. Brant Beach did drag down some of the statistics we have seen in the LBI real estate market so far this year but that said the slightly lower levels of sales and stable or higher prices points more to a leveling off of the market in Brant Beach rather than a downturn. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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