Real estate sales were up in May according to many reporting agencies including the National Association of Realtors. Jersey Shore real estate sales of single family homes experienced the same increase in some of our Jersey Shore communities. Take a look at May 2009 Jersey Shore real estate sales statistics compared to May 2008 for Bradley Beach, Avon-By-The-Sea, and Belmar:
Bradley Beach Real Estate
Homes Sold May 2008: 5
Average Sales Price: $632,300
Average Days On Market: 153
Homes Sold May 2009: 0
Average Sales Price: 0
Average Days On market: 0
Avon-By-The-Sea Real Estate
Homes Sold May 2008: 0
Average Sales Price: 0
Average Days ON Market: 110
Homes Sold May 2009: 1
Average Sales Price: $850,000
Average Days On Market: 28
Belmar Real Estate
Homes Sold May 2008: 3
Average Sales Price: $1,440,891
Average Days ON Market: 176
Homes Sold May 2009: 3
Average Sales Price: $587,333
Average Days On Market: 38
Although no single family homes sold in Bradley Beach in May, sales increased in Avon-By-the Sea and Belmar and market times dropped dramatically.
Wouldn’t you like to summer in your own Jersey Shore home? It’s not too late to take advantage of moderate prices. If you are thinking year-round rather than vacation home, you can use your $8,000 tax credit towards closing costs. Visit Patrick ParkerHomes.com to learn how.
