Ocean Acres Real Estate 2016 Third Quarter Sales
Southern Ocean County NJ Real Estate
The real estate market in Ocean Acres showed strong buyer activity during the third quarter. In total, there were 75 closed transactions in a variety of price points. The real estate market has continued to show improvement and promise with many opportunities existing and historically low interest rates incentivizing buyers. Ocean Acres real estate 2016 third quarter sales is an excellent demonstration of the current trends we see in the Stafford Township real estate market.
Ocean Acres Real Estate 2016 Third Quarter Sales
Sales of single-family homes in the ocean acres real estate market are broken down as follows:
- There were 75 closed transactions during the third quarter.
- The average price of a single-family home is $240,695.
- The average price per square foot was $142.03.
- On average, homes spent 95 days on the market and sold for 98.18% of their listing price.
The least expensive home to sell is 1160 Windless Dr. which was a three bedroom one bathroom home with 960 feet of living space. This home sold for $114,000 after spending 189 days on the market. This represents a sales price to list price ratio of 99.22% and a price per square foot of $118.75. The most expensive home to sell was 108 Tuna Court which was a four-bedroom two and a half bath single-family home with 2700 feet of living space. This home sold for $376,000 after spending 61 days on the market. This represents a sales price to list price ratio of 98.97% and a price per square foot of $139.26.
Ocean Acres Real Estate
Overall, the real estate market in Stafford Township has been showing improvement and there are excellent opportunities for both buyers and sellers. The Ocean Acres real estate market highlights many of these opportunities as buyers can take advantage of a wide range of home styles and price points. For more information about Ocean Acres real estate 2016 third quarter sales or the Stafford Township real estate market in general, please do not hesitate to contact us.
Ocean Sales Team
Farrah Pileggi Sales Agent: 201-952-4131
Kim Pileggi Transaction Processor | Nathan Colmer Marketing Agent
Stafford Township | Barnegat Township | Long Beach Island | Ocean Township (Waretown) | Eagleswood | Little Egg Harbor | Tuckerton
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