The current real estate market conditions show that there are currently 33 single family homes on the market. One single family home closed during the monthly period between 9/15/2009 and 10/15/2009. There are currently three single family home under contract in Bradley Beach. The average list price of homes on the market in Bradley Beach is $585,153 while the median price is $599,000.
During the annual period between10/15/2008 and 10/15/2009, 16 single family homes closed at an average price of $464,781. During the prior year's period 26 single family homes closed at an average price of $503,589. The list to sell price ratio was 92%.
BRADLEY BEACH LISTINGS CLOSED 1 PENDING SALES 3 ACTIVE LISTINGS 33 AVG. LIST PRICE $585,153.00 AVG. DAYS ON MARKET 121 DAYS MEDIAN LIST PRICE $599,000.00
YEAR-TO-DATE 10/15/2009 CLOSED LISTINGS 16 AVG. LIST PRICE $509,106.00 AVG. SALE PRICE $464,781.00 SALE TO LIST PRICE 91%
ZIP Code: 07720 Location Characteristics: Bradley Beach NJ was named after real estate developer James A. Bradley who also was involved in the development of Asbury Park. Over the last ten years real estate has experienced a renaissance. Many older seashore homes have and are being renovated or completely rebuilt. Many condominium complexes were developed along the Oceanfront and in the first few blocks from Ocean Ave. The real estate market in Bradley Beach experienced steady gains during this period and remains a solid investment.
Both year-round residents and summer visitors come to enjoy Bradley Beach's award winning beachfront and boardwalk for sun and fun throughout the year. The boardwalk gazebo offers weekly entertainment during the summer months and people of all ages get great pleasure from playing bocce ball on the Ocean Ave. courts.
Bradley Beach's shopping district has also experienced resurgence over the last ten years and offers a diversity of restaurants.
Boaters can find easy access to all kinds of water sport activities nearby and all kinds of recreational boating is also available.
Golfers can visit Monmouth County's highly rated golf courses at Hominy Hill, Howell Park, Bel-Aire and the Shark River course which are nearby. Or visit Charleston Springs, our newest golf course.
About Bob McDevitt:
I am the Broker and co-owner of Avon Realty along with my wife Peggy. We are one of the Jersey Shore's oldest independently owned Real Estate Brokerages. The Avon Realty Team lives by the “Golden Rule.” We consider our clients to be our most valuable asset. We pledge to provide them with the highest standards of customer service and to communicate with them in an open, honest and ethical manner. We pledge to treat each other, our fellow associates fairly, openly and honestly. We will continue to be involved in the communities we serve so that our unique environment is preserved. Please feel frr to visit our website, where you can search all Jersey Shore homes for sale at www.AvonRealtyHomes.com.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
