URGENT UPDATE: The Atlantic County real estate market is seeing a surge in homes priced at or below $500,000, with numerous properties changing hands between September 15 and September 21. This rapid movement is crucial for prospective buyers as they navigate a competitive landscape.
During this week, several notable property sales were recorded, highlighting opportunities for buyers seeking affordable homes in desirable neighborhoods. The following are the top 10 properties sold in the region, showcasing their sale prices and key features.
1. A condominium at 9506 Ventnor Ave. was sold for $500,000 ($667 per square foot). This 750-square-foot unit, constructed in 1963, finalized its sale on August 18.
2. Another significant sale was a detached house at 3180 Nesco Road, which sold for $450,000 on August 18. Built in 1968, this property offers ample space for families.
3. At 516 Fourth Ave., a single-family home built in 2002 changed ownership for $450,000 ($240 per square foot). This spacious residence spans 1,874 square feet and sits on a 4.9-acre lot, with the sale completed on August 18.
4. The property at 668 Cypress Point Drive sold for $435,000 ($221 per square foot). This 1,965 square-foot home, built in 2003, offers a great living space and was finalized on August 21.
5. A single-family house at 400 Berkshire Drive was sold for $425,000, measuring 1,576 square feet and completing its sale on August 21.
6. Located at 50 Lewis Drive, a residence sold for $419,900 ($177 per square foot). This 2,372 square-foot home, built in 2005, finalized its deal on August 18.
7. A detached house at 3025 Elwood Road sold for $408,000 ($283 per square foot) on August 19. Built in 1975, it offers a comfortable 1,440 square feet of living area.
8. The property at 47 Chapman Blvd. changed hands for $395,000 ($310 per square foot) on August 19. This home, constructed in 1981, features 1,276 square feet.
9. A quaint single-family home at 614 W. Vernon Ave. was sold for $375,000. Built in 1917, this property spans 936 square feet and finalized on August 21.
10. Finally, a condominium at 4500 W. Brigantine Ave. sold for $370,000 ($410 per square foot), completing its transaction on August 21.
These sales reflect a growing trend in the Atlantic County area as buyers snap up homes that meet their budgetary needs. The competition is fierce, and buyers are encouraged to act quickly in this market.
As the real estate landscape continues to evolve, potential homebuyers should stay informed on the latest developments and consider their options carefully. Watch for further updates as more properties are listed and sold in the coming weeks.
