Wednesday, April 13, 2011

A look at Value Bradley Beach Single Family



This is my weekly view at the Jersey Shore Market focusing on Bradley Beach, Single Family homes.   Bradley Beach is a lovely family oriented seaside community between Avon by the Sea and Ocean Grove with a downtown filled with shops and eateries.  A train station in town makes it very convenient for commuters. 
In this analysis of closed Single family homes from January 2006 to December 2010, it looks like 2007 was the year.   That year, Bradley Beach hit the highest closed price and closed properties numbers.  The next two years head down until increased activity in 2010 which I attribute to the tax credits for buyers program.
If there is a specific a specific question you have, please contact me.  I cover the Middlesex, Monmouth and Ocean county area.  With my primary focus being the Jersey Shore.  I hope you find this information helpful.  Wishing you Great Success in all your Real Estate Dreams.
BRADLEY BEACH, NJ CLOSED AS REPORTED THROUGH THE MLS BY YEAR – TAKE A LOOK AND COMPARE
January 1, 2006 – December 31, 2006
Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM
CLS          36            $538,670                 $537,500                 $204,000                 $880,000                 82
January 1, 2007 – December 31, 2007
Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM
CLS          43            $624,272                 $550,000                 $297,000                 $1,150,000              108
January 1, 2008 – December 31, 2008
Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM
CLS          28            $510,172                 $500,000                 $250,000                 $900,000                 118
January 1, 2009 – December 31, 2009
Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM
CLS          17            $405,288                 $380,000                 $175,000                 $725,000                 53
January 1, 2010 – December 31, 2010
Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM
CLS          29            $539,443                 $525,000                 $300,000                 $1,290,000              91
This CMA is not an appraisal and should not be considered the equivalent of an appraisal.
--Information deemed reliable but not guaranteed--Copyright: 2011 by the Monmouth County Association of REALTORS®

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