Beach Haven West Real Estate 2016 Third Quarter Sales

Sales of single-family homes in the Beach Haven West real estate market are broken down as follows:

• There were 28 closed transactions in the Beach Haven West real estate market.
• The average price of a single-family home was $390,764.
• The average price per square foot was $211.96.
• On average, homes spent 124 days on the market and sold for 96.2% of their listing price.

The least expensive home to sell is 59 Patrick Drive. This was a storm damaged home which was essentially sold for land value. This home sold for $190,000 after standing only 19 days on the market. The home sold for $177.90 per square foot which actually represents a sales price to list price ratio of 100.53%. The most expensive home to sell was 2032 Mill Creek Rd. This was a brand-new construction with five bedrooms 3 1/2 bathrooms and 2500 feet of living space. This impressive waterfront home sold for $736,000 after spending 374 days on the market. This represents a price per square foot of $294.40 and a sales price to list price ratio of 98.15%.

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September 2016 Beach Haven West Real Estate Market Sales

The month of September showed a high-level activity in the Beach Haven West real estate market. Overall, September 2016 Beach Haven West real estate market sales were positive with homes ranging in price from $213,000-$465,000 as sale prices.
Sales of single-family homes in the Beach Haven West real estate market are broken down as follows:

• 
  There were 12 closed transactions in the month of September.
• The average price of a single-family home in the Beach Haven West real estate market was $381,958.
• The average price per square foot was $205.79.
• On average, homes spent 115 days on the market and sold for 96.78% of their listing price.

The least expensive home to sell was 28 Aspen Ln. which was a two bedroom two bathroom home. This home sold for $213,000 after spending only 15 days on the market. This represents a price per square foot of $130.67 and in sales price to list price ratio of 92.65%. The most expensive home to sell is 56 Patrick Drive which was brand-new construction comprised of four bedrooms and 2 1/2 bathrooms. This home sold for $590,000 after spending only 11 days on the market. This represents a price per square foot of $287.80 and the sale price to list price ratio of 98.5%.

Overall, sales in the Beach Haven West real estate market is strong. Most homes spent only a few months on the market which is always a positive sign. As is to be expected, homes that were above base flood elevation sold for a premium as fears of potential flood insurance cost increases and future flooding continue to weigh on buyers minds.

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August 2016 Sales in the Beach Haven West Real Estate Market

Sales of single-family homes in the real estate market are broken down as follows:

• There were nine closed transactions in August and the average price of a single-family home was $410,611.
• The average price per square foot was $207.31
• On average, homes spent 153 days on the market and sold for 96.18% of the listing price.

The least expensive home to sell was 59 Patrick Drive which spent only 19 days on the market and sold for $190,000. This represents a price $1000 above listing price! This home suffered damage during Hurricane Sandy and essentially was sold as a teardown. The most expensive home to sell was 2032 Mill Creek Road which was a five bedroom 3 1/2 bathroom new construction. This home sold for $736,000 after spending 374 days on the market. It’s represented a sales price to list price ratio of 98.15% and price per square foot of $294.40

 

 

Get Your Beach Haven West Home Search Started with Farrah Pileggi

C: 201.952.4131 | O: 609.492.1511 | E: fpileggi@vandykgroup.com

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