2015 Real Estate Market Recap

2015 Real Estate Statistics in Brigantine Beach, NJ

 

 

 

Provided by Ashore Realty Inc.  Serving Brigantine since 1988

 

 

Brigantine Beach, NJ had a great year in real estate bouncing back from the

devastating 50 year storm Hurricane Sandy that hit in 2012.  

 

 

More than a property per day went to the closing table in 2015 *

 

 

 

Volume of real estate sales increased 28% in 2015 as compared to the previous year showing that buyers are increasingly becoming more confident in the 2nd home market. 

 

 

The median sales price for a home in Brigantine increased 13% in 2015 as compared to the previous year

 

 

 

The average residential * selling price in 2015 was $437,000

 

The highest priced home sold for $2,450,000 (ocean front)

 

The lowest priced home sold for $110,000 (tear down)

 

 

 

The average condominium selling price in 2015 was $238,000

 

The highest priced condo sold for $530,000 (2 bedroom ocean front unit)

 

The lowest priced condo sold for $78,000 (Dolphin Cove fixer-upper)

 

 

 

The average duplex selling price in 2015 was $271,000

 

The highest priced duplex sold for $480,000

 

The lowest priced duplex sold for $158,500

 

 

 

 

Realtor.com predicts 2016 will be a healthy real estate market with the highest level of home sales since 2006!

 

 

 

 

There are still some fabulous deals in Brigantine 

to begin your Brigantine Beach home search

 

 

 

 

 

 

 

* there were 251 working days in 2015 & 317 properties closed in Brigantine. 

 

*single family homes and fee simple townhouses

 

Information obtained by the South Jersey Shore Regional MLS