Is Brigantine, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Brigantine was a Seller's Market.
Housing Prices in Brigantine, NJ
How much do homes in Brigantine, NJ cost?
Median Sold Price
$579,950
$415/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brigantine was $579,950 in March 2024, up 9.4% from last year, and the median price per square foot was $415.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207.7K | $259.5K | +24.9% |
2 Bedrooms | $415K | $495K | +19.3% |
3 Bedrooms | $567.5K | $595K | +4.8% |
4 Bedrooms | $831.2K | $922.5K | +11.0% |
5+ Bedrooms | $999K | $1.4M | +40.1% |
Summary: Brigantine housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.9%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 40.1%.
Median Sold Price Compared To Nearby Cities
Atlantic City | $172.3K | $220.5K | +27.9% |
Brigantine | $530K | $579.9K | +9.4% |
Galloway Township | $270K | $280K | +3.7% |
Housing Supply in Brigantine, NJ
How many homes are available in Brigantine, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
140 | 154 | +10.0% |
Summary: The Brigantine real estate market had 154 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 21 | 22 | +4.8% |
2 Bedrooms | 32 | 31 | -3.1% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 23 | 29 | +26.1% |
Summary: The Brigantine housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 26.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Brigantine in March 2024, up by 64.3% month-over-month. Of the 21 sold homes, 52% were sold under asking, 38% were sold at asking, and 10% were sold over asking.
Days on Market for Brigantine, NJ
How long does it take to sell a home in Brigantine, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 92 Days | +76.1% |
Summary: Homes in Brigantine had an average of 92 days on market in Mar 2024, up by 76.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Brigantine; 52% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.