Brighton Beach Real Estate 2018 Sales
- High Tides Digital Marketing
- Mar 7, 2019
- 2 min read
Brighton Beach and the Long Beach Island New Jersey Real Estate Market 2018
LBI NJ Real Estate
Brighton Beach Real Estate 2018 Sales dropped off significantly in 2018 compared to 2017. There were only 5 transactions of all property types including single family homes, condominiums, multi-family homes, vacant land and commercial real estate whereas 2017 saw a total of 12. The average price of a single family home fell to about $730,000 and and the average of all sales in Brighton Beach totaled about $890,000. While the market certainly fell off in 2018, other towns on Long Beach Island did well. Despite stability or even increases in some markets, LBI real estate sales were down overall for 2018 by about 10% with a slightly higher average price.
Brighton Beach Real Estate 2018 Sales
Below is a breakdown of all market activity in our local MLS in 2018 for the Brighton Beach real estate market
Type | MLS# | C | Address | Municipality | Section | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | Waterfront | DOM |
SF | 4047704 | C | 12 E Connecticut | Long Beach Twp | Brighton Beach | $650,000 | 3 | 1 | 0 | 1,167 | No | 106 |
SF | 4043324 | C | 3 E 86th | Long Beach Twp | Brighton Beach | $769,000 | 4 | 1 | 1 | 1,344 | Yes | 98 |
SF | 4045374 | C | 31 W 86th | Long Beach Twp | Brighton Beach | $775,000 | 4 | 2 | 0 | 1,744 | No | 223 |
CONDO | 4045848 | C | 117 E 87th | Long Beach Twp | Brighton Beach | $850,000 | 3 | 1 | 1 | 1,500 | No | 9 |
MUL | 4053837 | C | 121 E Massachusetts | Long Beach Twp | Brighton Beach | $1,399,999 | 0 | 0 | 0 | 1,748 | Yes | 16 |
Brighton Beach and the LBI NJ Real Estate Market
While sales were down in Brighton Beach it is important to remember that this is but one small area of the LBI real estate market. There are signs that the market has slowed down but this is to be expected after such a long period of growth. Overall the Long Beach Island real estate market is strong and buyer confidence is still high. For more information about Brighton Beach Real Estate 2018 Sales or about buying, selling or investing in the Long Beach Island real estate market, please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
