Beach Haven West Home Sales Update Over the Past 5 Years
Beach Haven West NJ Real Estate
Beach Haven West Home Sales Update: Sales of single family homes in the Beach Haven West real estate market have been on the rise. Over the past 5 years we have seen both the number of homes sold and the average sales price increase. This is explained by two forces. First the overall real estate market has been climbing in tandem with the US economy and second, improvements made after Hurricane Sandy have greatly increased the value of homes in Beach Haven West. Understanding how trends are developing with this Beach Haven West Home Sales Update is a key step to investment in Beach Haven West.
Beach Haven West Home Sales Update
I have broken down sales of single family homes in the Beach Haven West real estate market over the span of 2014 through 2019
Primary Year | Sales, Number of | Sale Price, Average |
2014 | 95 | $259,278 |
2015 | 105 | $300,136 |
2016 | 113 | $319,667 |
2017 | 141 | $349,264 |
2018 | 136 | $401,490 |
Buying and Selling in Beach Haven West
It is clear from the above data that the market has been increasing. What is less clear is where it is heading. There was a slight drop off in the number of sales in 2018 and I believe much of this has to do with rising interest rates. Anyone looking to buy, sell or invest should keep this trend in mind and use it to help form their decisions in the Beach Haven West real estate market. I am happy to go over the specifics of this Beach Haven West Home Sales Update and how it can and should impact your shopping habits.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
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