Spray Beach Real Estate Second Quarter Home Sales

Single-Family Home Sales in the Spray Beach Real Estate Market

Spray Beach Real Estate Second Quarter Home Sales
Spray Beach Real Estate Second Quarter Home Sales

Long Beach Island Real Estate

The second quarter of home sales in the LBI real estate market showed an increase in buyer activity leading up to the busy summer months. While second quarter tends to be slower in most years, 2014 showed quite a bit of activity in single-family home sales, condo sales, and sales of duplexes. Spray Beach Real Estate Second Quarter Home Sales reflected this trend.

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Spray Beach Real Estate Second Quarter Home Sales

While only one home sold during the second quarter in Spray Beach, the sale of this home offers some valuable insight into home pricing and current sales trends on Long Beach Island. The one property to sell was 2413 Beach Ave., which was a single-family home with three bedrooms two bathrooms and just over 1300 ft. This home sold for $500,000 after spending 119 days on the market. While this home was not raised high on pilings, the natural ground elevation placed this home at an acceptable flood level. This greatly influenced the buyers decision to invest in this home.

Spray Beach and the LBI Real Estate Market

While only one home sold in Spray Beach, Spray Beach Real Estate Second Quarter Home Sales is still a positive indicator for the  LBI real estate market on the whole. It is common to see small sections about Long Beach Township register no transactions during a given quarter so to see some activity is indicator buyers willingness to invest in the Long Beach Island area. For more information about Spray Beach Real Estate Second Quarter Home Sales or the LBI real estate market in general, call, text, or email me 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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