Spectacular new listing in Apple Ridge, Wall Township!

Mar
13

Life’s a Beach in Long Branch!

Beach replenishment in Long Branch started just a few months ago, and you should see it now. I’m not sure I can recall ever seeing this much beach in Long Branch. It’s truly awesome!IMG_3740

The Long Branch beach replenishment project started at Pier Village and then ran north to the Long Branch-Monmouth Beach border. They are currently working on Lake Takanassee north to Pier Village. Any left-over beaches will get completed in the spring.

As soon as the weather warms a little more, the beach will be ready…Frisbees, romantic walks, picking up seashells, jogs along the water, and so much more. I suspect that Easter Egg Hunts on the beach will be a bit more challenging this year with so much more sand.

How great would it be to live in Long Branch now? Everything you could possibly need at an arm’s length. Pier Village with an array of wonderful shops and restaurants, a promenade to stroll, Rooney’s, Charley’s, a train station for easy transportation, Seven Presidents Park, and…a beach, a really big beach.

Let’s examine what’s going on in the Long Branch real estate market in comparison to this same time last year*:

  • Property sales are up 33.3%
  • Average sales price is up 43.8%
  • Total Inventory is down -10.1%
  • The Average Days on Market (how many days the average property is on the market before it sells) is down -21.1%
  • The ratio of selling price vs list price is higher, indicating that properties are selling closer to their list prices than they were this same time last year.

(*Based on information from Monmouth/Ocean Multiple Listing Service for the period 1/1/2004 through 1/31/2014. Information deemed reliable, but not guaranteed.)

So what does this mean? Essentially, it means it’s time to buy in Long Branch. What we can gather from the numbers is that the demand is greater than the supply, so prices will most likely continue to rise. But, the good news is that mortgage rates are still quite low. If you’re thinking of buying at the Jersey Shore, don’t hesitate. Come down and let me help you discover why life’s a beach in Long Branch…or anywhere on the Jersey Shore!

We're sorry, but we couldn't find MLS # 21403696 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

A home at the beach!

 

Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2018.