Surf City Real Estate Market Transactions During the First Quarter of 2014

LBI Real Estate and Surf City Real Estate Sales in the First Quarter of 2014

Surf City Real Estate Market Transactions During the First Quarter of 2014
Surf City Real Estate Market Transactions During the First Quarter of 2014

Surf City Real Estate

The first quarter of the LBI real estate market saw some strong activity in Surf City. The entire LBI real estate market continued to improve as storm damaged homes were either repaired or rebuilt to large, new homes. Buyer confidence also increased as more information became available regarding an easing of rules about flood insurance. Surf City Real Estate Market Transactions During the First Quarter of 2014 helped show the improvement in the overall Long Beach Island real estate market.
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Surf City Real Estate Market Transactions During the First Quarter of 2014

Sales of single family homes in Surf City were as follows:
  • Eight homes sold in Surf City
  • The average price of a single family home was $767,375
  • Surf City homes spent an average of 154 days on the market
The median price of a home in Surf City was $717,500 and just over $6,100,000 worth of real estate sold during the first quarter of 2014 in Surf City. The least expensive home to sell was 301 North 11th Street, a three bedroom, three and a half bathroom home trading for $367,500. The most expensive home to sell was 407 North 3rd Street, a four bedroom, three bathroom home with an additional two half bathrooms. This home sold for $1,225,000. Overall, Surf City Real Estate Market Transactions During the First Quarter of 2014 showed a steady market with improved interest! For more information about the Surf City real estate market or LBI NJ transactions, please 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

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