Is Brigantine, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brigantine has remained a Seller's Market.
Housing Prices in Brigantine, NJ
How much do homes in Brigantine, NJ cost?
Median Sold Price
$580,000
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brigantine was $580,000 in April 2024, up 10.4% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $269K | +34.5% |
2 Bedrooms | $425K | $495K | +16.5% |
3 Bedrooms | $571.5K | $597.5K | +4.5% |
4 Bedrooms | $790K | $980K | +24.1% |
5+ Bedrooms | $1.1M | $1.4M | +24.7% |
Summary: Brigantine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.5%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
Atlantic City | $170.9K | $221.6K | +29.7% |
Brigantine | $525.2K | $580K | +10.4% |
Galloway Township | $270K | $290K | +7.4% |
Housing Supply in Brigantine, NJ
How many homes are available in Brigantine, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
140 | 144 | +2.9% |
Summary: The Brigantine real estate market had 144 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 20 | +11.1% |
2 Bedrooms | 30 | 33 | +10.0% |
3 Bedrooms | 35 | 34 | -2.9% |
4 Bedrooms | 27 | 24 | -11.1% |
5+ Bedrooms | 30 | 33 | +10.0% |
Summary: The Brigantine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 36 | +50.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Brigantine in April 2024, up by 50.0% month-over-month. Of the 28 sold homes, 54% were sold under asking, 18% were sold at asking, and 29% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 37 Days | 0.5% |
Summary: Homes in Brigantine had an average of 37 days on market in Apr 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Brigantine; 72% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.