During the week from November 24 to November 30, 2023, Ocean County recorded a significant number of real estate transactions, with a total of 436 homes sold. The median sale price for homes in the area stood at $495,000, reflecting continued interest in the local real estate market.
The most notable transaction occurred in Manahawkin, where a 1,937-square-foot home on Windward Drive sold for the median price of $495,000. This sale highlights the ongoing demand for residential properties in the region.
Several other notable sales contributed to the vibrant market activity. For instance, a 2,461-square-foot home on Harpoon Drive in Barnegat fetched $730,000, while a luxury property on East 25th Street in Barnegat Light sold for an impressive $2,250,000. This trend indicates a diverse range of buyers, from those seeking more modest homes to those investing in higher-end properties.
Key Sales Across Various Towns
In Barnegat, additional transactions included a 1,188-square-foot home on Georgetown Boulevard, which sold for $263,000, and another at 27 Gibraltar Court that went for $281,900. The variety of homes sold suggests a healthy competition among buyers.
Over in Bay Head, a 2,700-square-foot home located at 340 Main Avenue sold for $2,186,000, illustrating the area’s appeal to those looking for upscale living. Beach Haven also saw significant transactions, with homes selling for prices ranging from $900,000 to $3,800,000. A notable sale included a 1,270-square-foot property on South West Avenue that changed hands for $1,270,000.
In Point Pleasant Beach, the market remained robust, with a 1,100-square-foot home selling for $275,000 and another property at Channel Drive going for $573,207. These numbers reflect a dynamic market that continues to attract both buyers and investors.
The variety of transactions across Ocean County in this reporting week underscores the resilience of the local real estate market. With a mix of affordable homes and luxury properties, the region appeals to a wide array of potential homeowners. This trend is likely to continue as demand remains strong through the end of the year.
As the market evolves, these transactions provide insight into the preferences of buyers and the overall health of the real estate sector in Ocean County.
