BREAKING: Berkeley has reported 17 home sales from October 27 to November 2, signaling an active real estate market in the area. The most notable transaction was a home on Bonaire Drive in Toms River, which sold for $340,000 and spans 1,124 square feet.
This surge in transactions highlights a robust demand for housing in the region. The median sale price for homes during this week was notably driven by several high-value properties, including a stunning residence on Travelers Way that fetched $820,000 for 1,955 square feet.
Here’s a quick overview of the key transactions:
– **Bayville:**
– 43 Harborage Ave. – $340,500, 1,242 sq. ft., 4 beds, 1 bath
– 21 Park Ave. – $375,000, 1,060 sq. ft., 3 beds, 1 bath
– 143 Sylvan Lake Blvd. – $392,000, 1,557 sq. ft., 2 beds, 2 baths
– **Toms River:**
– 2 Concord Lane – $100,000, 1,091 sq. ft., 2 beds, 1 bath
– 17 La Casta Court – $235,000, 757 sq. ft., 2 beds, 1 bath
– 10 Lyford Court – $266,000, 1,232 sq. ft., 2 beds, 2 baths
– 80 Canterbury Lane – $340,000, 1,615 sq. ft., 2 beds, 2 baths
As the real estate market continues to show resilience, local buyers are encouraged to act quickly amid rising prices and limited inventory. The data reveals that prices are climbing, with properties averaging between $211 to $419 per square foot.
This week’s transactions underscore an urgent need for interested buyers in Berkeley and surrounding areas to remain vigilant. With the market shifting rapidly, potential homeowners may find themselves in competitive bidding situations.
Stay tuned for more updates as we continue to track the real estate landscape in Berkeley and beyond. For detailed listings and further developments, check back for the latest information.
