The average sales price for a single family home in Belmar, NJ for the 1st half of 2016 is $809,218 which represents a 63% increase in sales price over the first half of 2015, where the average sales price was $495,454. A total of 32 homes were sold in the first half of 2016 verses 22 sold in 2015. Days on market decreased from 103 to 95 in 2016. Homes are selling on average for 5% less than list price.
Second Quarter 2016
First Quarter 2016
The average sales price for a single family home in Belmar, NJ for the first quarter of 2016, is $898,000, which represents a 80% increase in sales price over the same quarter in 2015, where the average sales price was $499,000. A total of eleven (11) homes were sold in the first quarter of 2016 verses eight (8) sold in 2015. Days on market went up from 78 to 125 in 2016. Homes are selling on average for just 6% less than list price.
The most recent data shows that the average sale price for a single family home in 2015 was $693,000 based on 57 home sales. Pricing remained flat over 2014. Unit sales were up 21% over the prior year.
The average listing price of homes on the market during 2015 was $ 725,475. In addition for 2015 homes sold at 95% of list price with an average days on the market of 116 days.
For a comprehensive real estate market update in Belmar, NJ contact the NJ Shore Real Estate experts at The Connolly Agency!
The information is deemed reliable but not guaranteed.
Belmar Real Estate Trends