UPDATE: A total of 17 homes changed hands in Berkeley from October 27 to November 2, showcasing a robust real estate market. The standout transaction was a 1,124-square-foot home on Bonaire Drive in Toms River, which sold for $340,000.
This surge in activity highlights the growing demand for homes in the area, with buyers eager to secure properties before the year ends. The median sale price reflects a competitive market, as buyers navigate limited inventory and rising interest rates.
Among the notable sales, a property at 6 Travelers Way fetched an impressive $820,000, boasting 1,955 square feet with three bedrooms and three bathrooms. Similarly, a home at 295 Allen Road sold for $885,000, featuring 2,310 square feet of living space.
The complete list of transactions includes:
– **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)
– 12 Jericho Road – $260,000 (1,153 sq ft, 2 beds, 1 bath)
– 10 Lyford Court – $266,000 (1,232 sq ft, 2 beds, 2 baths)
– 20 Marathon Street – $299,000 (1,440 sq ft, 2 beds, 2 baths)
– 36 Georgetown Drive – $339,000 (1,232 sq ft, 2 beds, 2 baths)
– 7 Beaverbrook Drive – $339,500 (1,404 sq ft, 2 beds, 2 baths)
– 80 Canterbury Lane – $340,000 (1,615 sq ft, 2 beds, 2 baths)
– 16 Tilton Ave. – $380,000 (1,476 sq ft, 3 beds, 1 bath)
– 95 Carlisle Road – $417,000 (1,121 sq ft, 2 beds, 1 bath)
– 1409 Englemere Blvd. – $445,000 (1,621 sq ft, 3 beds, 2 baths)
The rapid sales reflect ongoing trends as buyers look to capitalize on current market conditions. Industry experts suggest that the urgency to buy before potential interest rate hikes could be driving these transactions.
As we continue to monitor real estate trends, buyers and sellers should stay informed on new listings and market fluctuations. The next week is crucial as more data emerges on sales and prices in the region.
For those interested in real estate, this week’s sales data signals an active market ripe with opportunity. Share this update to keep your friends and family informed about the latest developments in the Berkeley housing market!
