2009 Stafford, Barnegat and Waretown
Waterfront Real Estate Analysis and Comparison
Our area Waterfront home sale statistics in 2008 showed the short term slow down in the real estate market. Sales in 2009 have begun to increase again with the slight lowering of prices and the excellent home buying incentives and mortgage rates.
But Waterfront home values have more than doubled over the last nine 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
|
2009 |
2008 |
2000 |
| |
Sales |
Avg. Price |
Sales |
Avg. Price |
Sales |
Avg Price |
| All Waterfront Home Sales |
143 |
$399,126 |
128 |
$431,931 |
325 |
$177,316 |
| 2 Bedroom Homes |
14 |
$293,071 |
11 |
$390,454 |
50 |
|
| 3 Bedroom Homes |
77 |
$368,900 |
79 |
$389,356 |
196 |
$173,543 |
| 4 Bedroom Homes |
41 |
$473,689 |
29 |
$451,659 |
60 |
$199,766 |
| 5 Bedroom Homes |
7 |
$555,857 |
6 |
$729,167 |
18 |
|
Price change in 2009 from 2000 = 125% increase
Price change in 2009 from 2008 = 7.6% decrease
Sales in 2009 from 2008 = 11.7%
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 |
