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Peahala Park Real Estate Sales 2023

  • Writer: High Tides Digital Marketing
    High Tides Digital Marketing
  • Apr 21, 2024
  • 2 min read

Peahala Park New Jersey 2023 LBI Real Estate Market Sales

Peahala Park Real Estate Sales 2023

The Peahala Park real estate market had a much slower year in 2023 than in 2022, but this slowdown has to do with the very limited number of homes for sale in the LBI real estate market. The inventory of homes for sale on Long Beach Island is at a historic low, which also impacted the Peahala Park real estate market. There were a total of 4 closed single-family homes sold in the Peahala Park real estate market with an average price of $1,467,000. On average, homes spent 52 days on the market and sold for 96.7% of their listing price.



Peahala Park Real Estate Sales 2023

Below is a breakdown of all sold single-family homes in the Peahala Park real estate market in 2023.

MLS #

Address

City

Section

Area

Zip Code

Current Price

NJOC2012822

14 W Bayberry Dr

Long Beach Township

Peahala Park real estate market

LBI

Zip Code 08008

$969,000

NJOC2016114

11 E Bay Berry Dr

Long Beach Township

Peahala Park real estate market

LBI

Zip Code 08008

$1,200,000

NJOC2021138

26 E Mariners

Long Beach Township

Peahala Park real estate market

LBI

Zip Code 08008

$1,450,000

NJOC2019032

9000 Beach Ave

Long Beach Township

Peahala Park real estate market

LBI

Zip Code 08008

$2,250,000


Peahala Park Real Estate Sales Analysis

While the numbers dropped off for the Peahala Park real estate market in 2023, we have to remember that there were only 4 closed sales. Averages can be easily skewed when we are talking about such low numbers. Overall, home sales and the average price point in the LBI real estate market have continued to rise, and there is nothing in the Peahala Park real estate market that would indicate this area should be excluded from comparable market growth. Quite to the contrary, the lower-than-average number of homes for sale in the Peahala Park real estate market shows just how popular the area is as owner retain their homes and keep them off the LBI real estate market! For more information about buying, selling or investing in the Long Beach Island real estate market or about Peahala Park Real Estate Sales 2023 please do not hesitate to contact me.




By : Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com


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