Little Egg Harbor NJ and the Southern Ocean County Real Estate Market
Southern Ocean County Real Estate
Little Egg Harbor real estate November 2016 sales showed a notable improvement in market activity and the median sale price of single-family homes, condominiums, and adult community housing. Overall, the real estate market in Southern Ocean County has been witnessing a period of growth in Little Egg Harbor real estate sales help to support the trend.
Little Egg Harbor Real Estate November 2016 Sales
Sales of single family homes, condominiums, and adult community homes in the Little Egg Harbor Township real estate market are as follows:
Little Egg Harbor Single-family homes
- There were 29 closed transactions in November
- The median sale price of a single-family home was $160,000
- Homes spent an average of 105 days on the market
Little Egg Harbor condominiums
- There was one closed transaction in November
- The home spent 135 days on the market
- The sales price was $160,000
Little Egg Harbor adult community homes
- There were seven closed transactions in November 2016
- The median sale price is $307,000
- Homes spent an average of 141 days on the market
Overall, the real estate market shared a vast improvement in November 2016 compared to November 2015. A look at single-family homes show an increase in the median sale price by over 23% from $130,000 in 2015 to $160,000 in 2016. In addition, more homes sold with 21 closed transactions in 2015 compared to 29 in 2016. Sales in the adult community real estate market in Little Egg Harbor show similar statistics with an increase from three sales to seven sales and an increase in the median price from $240,000 to $307,000. Overall, the real estate market in Southern Ocean County has been showing strong activity and market indicators point to these trends continuing. For more information about Little Egg Harbor real estate November 2016 sales or the Southern Ocean County real estate market in general, please not hesitate to contact me.
Ocean Sales Team
Farrah Pileggi Sales Agent: 201-952-4131
Kim Pileggi Transaction Processor | Nathan Colmer Marketing Agent
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