Get the latest real estate market update in Bradley Beach, NJ right here! This data contained below was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of the recent sales activity in Bradley Beach, NJ.
For a comprehensive real estate market update in Bradley Beach, NJ contact the NJ Shore Real Estate experts at The Connolly Agency! We look forward to hearing from you.
2016 Overall
In 2016, 42 single family homes were sold in Bradley Beach, compared to 57 in 2015, a 26% decrease. Average sale price remained flat at $548,236 in 2016. In 2015, the average sale price was $545,618. The average days on market decreased to 64 days from 85. Homes sold for just 3% less than list price.
Fourth Quarter 2016
The number of single family homes sold in the fourth quarter of 2016 in Bradley Beach was 9, compared to 17 for the same period of 2015. The average days on the market was down to 26 days, compared to 80 for the fourth quarter of 2015. Sales prices were also down during this period to $428,722.
Third Quarter 2016
The prices of single family homes in Bradley Beach 2016 were up 9% over the first three quarters of 2015. The average sale price of a single family home was $580,000. Unit sales were down 18% with 33 single family homes sold versus 40 homes for the same period in 2015. The average days on the market for a home in Bradley Beach was 74, down from 87 in 2015. Homes generally sold for 4% less than list price.
Second Quarter 2016
The most recent data for the second quarter 2016 shows the average sale price for a single family home in Bradley Beach, NJ was $616,344. This represents a 13% increase in sales price over the same quarter in 2015, when the average sale price was $ $545,023. A total of 16 homes were sold in 2016 versus 17 in 2015. Days on the market decreased significantly from 83 in 2015 to 46 in 2016. Homes in 2016 sold on average for just 2% less than list price.
First Quarter 2016
The average sales price for a single family home in Bradley Beach, NJ for the first quarter of 2016, was $558,636. This represents a 12% increase in sales price over the same quarter in 2015, when the average sales price was $495,650. A total of eleven homes were sold in the first quarter of 2016 verses ten sold in 2015. Days on market dropped slightly from 132 to 115 in 2016. Homes sold on average for just 7% less than list price.
2015 Overall
The most recent data shows that the average sale price for a single family home in Bradley Beach, NJ for 2015 was essentially flat over 2014 at $545,617 based on 57 home sales. However, unit sales of single family homes in Bradley Beach for 2015 were up 33% over unit sales in 2014. The Bradley Beach real estate market is hot! And right now there is very low inventory in Bradley Beach. The average listing price of homes on the market during 2015 was $568,107 and on average homes closed at only 4% less than list price, with an average days on the market of only 85. This was due to the low inventory and high demand for homes in Bradley Beach.
The information is deemed reliable but not guaranteed.