URGENT UPDATE: The latest data reveals a significant surge in home sales in Berkeley, with 17 transactions reported from October 27 to November 2. This week-long period saw a notable median sale price of $340,000 for a 1,124-square-foot home located on Bonaire Drive in Toms River.
The real estate market is hot with transactions across various neighborhoods. In Bayville, a property at 43 Harborage Ave. sold for $340,500, measuring 1,242 square feet at a rate of $274 per square foot. Another notable sale at 21 Park Ave. fetched $375,000 for a 1,060-square-foot home.
In Toms River, several properties changed hands, including a three-bedroom home at 6 Travelers Way, which sold for a staggering $820,000. This home spans 1,955 square feet, achieving a price of $419 per square foot.
The sales also included:
– 295 Allen Road: Sold for $885,000, 2,310 square feet, $383 per square foot
– 2 Concord Lane: Sold for $100,000, 1,091 square feet, $92 per square foot
The activity in the real estate market underscores the demand for homes in the area, indicating a robust recovery and interest from buyers. With prices climbing and inventory moving quickly, potential buyers and sellers are urged to stay informed.
What’s Next? As the market continues to evolve, residents and investors should keep an eye on upcoming listings and trends in property values. Further updates are expected as new transactions are reported.
Follow our coverage for the latest developments on home sales in Berkeley and surrounding areas. This is a pivotal moment for the local real estate market, and you won’t want to miss any updates.
