2008 Stafford, Barnegat and Waretown
Waterfront Real Estate Analysis and Comparison
Our area Waterfront home sale statistics show what we all know about the short term slow down in the real estate market.
But Waterfront home values have more than doubled over the last eight years. Even with the short term housing bubble, real estate remains the Number One way American families build wealth. And waterfront properties outpace the non-waterfront homes. Just compare the long term performance of your 401K and stock portfolios with the appreciation of waterfront properties in Stafford and Barnegat Townships. Boating, Beaches, Relaxation, and the proximity to major metropolitan areas make our area a great investment.
Manahawkin, Barnegat & Waretown Waterfront Sales Comparison
|
2008 |
2007 |
2000 |
| |
Sales |
Avg. Price |
Sales |
Avg. Price |
Sales |
Avg Price |
| All Waterfront Home Sales |
128 |
$431,931 |
155 |
$423,451 |
325 |
$177,316 |
| 2 Bedroom Homes |
11 |
|
25 |
|
50 |
|
| 3 Bedroom Homes |
79 |
$389,356 |
77 |
$393,888 |
196 |
$173,543 |
| 4 Bedroom Homes |
29 |
$451,659 |
44 |
$496,577 |
60 |
$199,766 |
| 5 Bedroom Homes |
7 |
|
9 |
|
18 |
|
Price change in 2008 from 2000 = 143.60% increase
Price change in 2008 from 2007 = .23% decrease
We believe now is a great time to buy a home. With affordable price and combining this with today’s historically low interest rates makes it obvious that now is the best time to buy!
Manahawkin Waterfront | Ocean County Adult Community | Long Beach Island Real Estate |