Vacant Land Sales in the Beach Haven West Real Estate Market Between September 2014 and March 2015
Beach Haven West Real Estate
The Beach Haven West real estate market has been working towards a strong recovery. Since the impact of Hurricane Sandy, Beach Haven West has been in the process of rebuilding and creating a more storm ready community. Much of this preparedness, takes place in the form of new construction in Beach Haven West. Hurricane Sandy provides an opportunity for many homeowners, buyers, and real estate investors to purchase properties essentially for land value and rebuild new, larger, more storm ready homes. Tracking vacant land sales in Beach Haven West act as an important gauge of the overall economy and helps to better understand buyer behavior.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West
Vacant Land Sales in Beach Haven West
Between the months of September 2014 and March 2015, Beach Haven West real estate vacant land sales were as follows
- A total of five vacant lots sold during this time period
- The average sales price of a vacant lot in Beach Haven West was $209,800
- On average, vacant land spent 36 days on the market and sold for 94.62% of the listing price
Vacant land sales in Beach Haven West highlight the greater market trends. Building a new home is a commitment of both time and money, however the rewards can be tremendous. Building a new home in the Beach Haven West real estate market offers an opportunity to create instant equity as the finished home should be worth considerably more than the initial investment. With building costs for a new home ranging between $125 and $175 per square foot, it is easy to see how purchasing vacant land and building a new home can be a wise investment in the Beach Haven West real estate market. Vacant land sales in Beach Haven West helps to establish a baseline price for land values which can translate to a better understanding of single-family home market as well.
Buying in the Beach Haven West Real Estate Market
The Beach Haven West real estate market is currently in the land of opportunity. With a better understanding of flood insurance, house raising, new construction, and the overall real estate trends, a buyer can find many opportunities to take advantage of living on the water at the Jersey shore. For more information about the Beach Haven West real estate market or vacant land sales in Beach Haven West, contact the Beach Haven West Real Estate Group and we will respond right away.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
Click here to search all homes for sale in Beach Haven West