Get the latest real estate market update in Belmar, 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 Belmar, NJ.
For a comprehensive real estate market update in Belmar, NJ contact the NJ Shore Real Estate experts at The Connolly Agency! We look forward to hearing from you.
First Quarter 2017
During the first quarter of 2017, seventeen single family homes sold in Belmar, an increase of 27% over the previous quarter. The average sales price of a single family home was $700,641, a decrease of 22% as compared to the same period last year. The average days on market decreased to 89, and homes sold at an average of 97% of list price.
In 2016, 55 single family homes sold in Belmar, compared to 57 in 2015. The average sale price dropped 8% to $751,013. The average days on market was 91 days, down from 115 in 2015. Homes sold at 4% less than list price.
Fourth Quarter 2016
In the forth quarter of 2016, nine single family homes sold in Belmar. The average sale price was $793,889, 8% lower than the average sale price of $866,357 for the fourth quarter of 2015. The average days on market was 188, and buyers paid 5% less than list price.
Third Quarter 2016
The average price of a single family home sold in Belmar during the third quarter was $590,407, down 30% over the same period in 2015. Single family homes were selling for 5% below list price on average. Fourteen homes sold during this quarter, one less than the same period in 2015. Days on market is down to 56.
Second Quarter 2016
For the second quarter of 2016, the average sale price for a single family home in Belmar, NJ was $762,333, increasing by 54% over the same quarter in 2015, when the average sale price was $493,221. A total of 21 homes sold in 2016 versus 14 in 2015. Days on the market decreased from 118 in 2015 to 79 in 2016. Homes in 2016 sold on average for just 4% less than list price.
First Quarter 2016
The average sales price for a single family home in Belmar, NJ for the first quarter of 2016, was $898,727, which represented a 63% increase in sales price over the same quarter in 2015, where the average sales price was $550,350. Eleven homes sold in the first quarter of 2016 verses fourteen sold in 2015. Days on market went down from 133 to 125 in 2016. Homes were selling on average for just 5% 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.
The information is deemed reliable but not guaranteed.