2011 Southern Ocean County Waterfront Real Estate Analysis

2011 Southern Ocean County Waterfront Real Estate Analysis and Comparison

Our area Waterfront home sale statistics in 2010 showed an increase in the real estate market. Sales in 2011 have begun to increase again with the pricing still low and the excellent home buying incentives and mortgage rates. But Waterfront home values have almost doubled over the last ten 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 Southern Ocean County. Boating, Beaches, Relaxation, and the proximity to major metropolitan areas make our area a great investment.

Southern Ocean County Waterfront Sales Comparison

 
2010
2009
 
Sales
Median Price
Sales
Median Price
All Waterfront Home Sales
1002
$262,250
836
$255,000
2 Bedroom Homes
136
$181,750
102
$169,750
3 Bedroom Homes
426
$234,500
377
$228,000
4 Bedroom Homes
336
$339,950
296
$361,596
5 Bedroom Homes
87
$475,000
46
$714,000

Price change in 2010 from 2000 = 99.4% increase Price change in 2010 from 2009 = 2.9% increase

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!

Search All Waterfront Properties for Sale

Manahawkin / Stafford Twp Waterfront

Barnegat / Waretown

Long Beach Island

Lacey Township

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