Surf City Real Estate Sales in the Second Quarter of 2014

Surf City Real Estate Sales in the Second Quarter of 2014 proved to be one of the best quarters to date! Almost twice as many homes sold in the second quarter when compared to the first quarter of 2014. The entire LBI real estate market saw strong activity preparing for summer as buyers worked hard to get in a home before the summer season. Surf City Real Estate Sales in the Second Quarter of 2014 show just how much the LBI real estate market has improved.

Sales of single family homes in the Surf City real estate market are as follows:

• Fifteen homes sold during the second quarter
• The average price of a single family home was $715,300
• Surf City homes spent an average of 157 days on the market

The least expensive home to sell was 301 N. 4th Street which was a storm damaged home selling for $350,000. The most expensive home to sell was 601 Ocean, a five bedroom, three bathroom home selling for an impressive $1,725,000. In total, almost $11,000,000 worth of real estate sold during the second quarter. A year over year (2013 vs 2014) comparison of the second quarter shows a significant improvement. Six more homes sold in 2014 and the average sales price was about $100,000 higher! For more information about Surf City Real Estate Sales in the Second Quarter of 2014 or the LBI NJ real estate market, send me a message with your questions 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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More About The LBI Real Estate Market:

• SURF CITY REAL ESTATE MARKET TRANSACTIONS DURING THE FIRST QUARTER OF 2014
• SURF CITY REAL ESTATE MARKET SALES DURING THE FOURTH QUARTER OF 2013
• SURF CITY REAL ESTATE TRANSACTIONS DURING THE THIRD QUARTER OF 2013