Bradley Beach
Bradley Beach Real Estate Market Report
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.
The current real estate market conditions show that there are currently 28 single family homes on the market. Two single family homes closed during the monthly period between 3/15/2010 and 4/15/2010. There are currently 5 single family homes 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 between 4/1/2009 and 4/1/2010, 18 single family homes closed at an average price of $428,550. During the prior year’s period 23 single family homes closed at an average price of $529,086. The list to sell price ratio was 93%.
BRADLEY BEACH | |
LISTINGS CLOSED |
2 |
PENDING SALES |
5 |
ACTIVE LISTINGS |
28 |
AVG. LIST PRICE |
579,559 |
AVG. DAYS ON MARKET |
91 Days |
MEDIAN LIST PRICE |
$593,000 |
YEAR-TO-DATE |
|
CLOSED LISTINGS |
18 |
AVG. LIST PRICE |
$461,939 |
AVG. SALE PRICE |
$428,550 |
SALE TO LIST PRICE % |
93% |