Brighton Beach Real Estate Sales 2022

High Tides Digital Marketing
Apr 15, 2024
2 min read

Brighton Beach New Jersey 2022 LBI Real Estate Market Sales

Brighton Beach Real Estate Home Sales

The Brighton Beach real estate market had a strong showing in 2022. While the number of homes sold dropped compared to the prior year, the average price was much higher...almost 10% more! The lower number of home sales was not attributed to a lack of interest but rather a lack of inventory. There are simply not enough homes for sale in the LBI real estate market to meet the demand from home buyers. The average price of a single-family home was about $1,550,000, and homes sold for 99.5% of their asking price. On average, a home spent about 16 days on the market.

Brighton Beach Real Estate Sales 2022

Below is a breakdown of all sold single-family homes in the Brighton Beach real estate market in 2022.

MLS #	Address	City	Section	Area	Zip Code	Current Price
NJOC2012882	15 E New York Ave	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,125,000
NJOC2008900	8 E New York Ave	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,210,000
NJOC2008778	12 E Massachusetts Ave	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,300,000
NJOC2011906	117 E 87th #E	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,349,000
NJOC2014440	6 86th St	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,725,000
NJOC406654	8302 Beach Ave	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$1,860,000
NJOC2008836	33-W New York Ave	Long Beach Township	Brighton Beach	LBI	Zip Code 08008	$2,300,000

Brighton Beach Real Estate Sales Analysis

The data shows some very interesting trends for the Brighton Beach real estate market and the Long Beach Island real estate market as a whole. With homes selling just nearly full price and spending about 2 weeks on the market, it is clear that demand is strong and buyer confidence in the LBI real estate market is high. With the market maintaining this level of interest, it seems that prices are secure and will probably rise as time goes on. For more information about buying, selling or investing in the Long Beach Island real estate market or about Brighton Beach Real Estate Sales 2022 please do not hesitate to contact me.