Thursday, March 7, 2019

Brighton Beach and the Long Beach Island New Jersey Real Estate Market 2018

Brighton Beach and the Long Beach Island New Jersey Real Estate Market 2018



LBI NJ Real Estate

Brighton Beach Real Estate 2018 Sales dropped off significantly in 2018 compared to 2017. There were only 5 transactions of all property types including single family homescondominiumsmulti-family homesvacant land and commercial real estate whereas 2017 saw a total of 12. The average price of a single family home fell to about $730,000 and and the average of all sales in Brighton Beach totaled about $890,000. While the market certainly fell off in 2018, other towns on Long Beach Island did well. Despite stability or even increases in some markets, LBI real estate sales were down overall for 2018 by about 10% with a slightly higher average price.





By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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