UPDATE: A wave of real estate activity has swept through Berkeley with 17 homes sold between October 27 and November 2, signaling a robust housing market. The median sale price for the area reached an impressive $340,000, showcasing significant transactions that could impact local buyers and sellers alike.
Among these, a standout transaction took place at 145 Bonaire Drive, where a 1,124-square-foot home sold for $340,000. This property reflects the growing demand for homes in the region.
In addition to Bonaire Drive, several notable sales occurred in Bayville and Toms River. For instance, 43 Harborage Ave. in Bayville was sold for $340,500, a 1,242-square-foot residence priced at $274 per square foot, featuring four bedrooms and one bathroom. Another significant sale was at 6 Travelers Way, which fetched a remarkable $820,000 for a spacious 1,955-square-foot home with three bedrooms and three bathrooms.
Here’s a breakdown of other key transactions:
– 21 Park Ave., $375,000, 1,060 square feet, three bedrooms
– 143 Sylvan Lake Blvd., $392,000, 1,557 square feet, two bedrooms
– 295 Allen Road, $885,000, 2,310 square feet, three bedrooms
The data highlights a healthy market where properties are moving quickly, providing opportunities for both buyers and sellers. The urgency of these transactions reflects ongoing changes in the housing landscape, driven by demand and market dynamics.
As we move forward, local real estate experts are keeping a close eye on these trends. Future buyers and sellers should stay alert to potential shifts in pricing and availability, as the market continues to evolve.
For anyone looking to buy or sell in the Berkeley area, these recent developments should serve as a crucial reference. The next reporting period promises to reveal even more insights into this bustling market.
Stay tuned for further updates as we continue to monitor the real estate scene in Berkeley and surrounding areas.
