UPDATE: A total of 17 homes sold in Berkeley from October 27 to November 2, highlighting significant trends in the local real estate market. The median sale price during this period was for a 1,124-square-foot home located on Bonaire Drive, which sold for $340,000, showcasing the area’s competitive housing market.
Among the notable transactions, a property at 43 Harborage Ave. in Bayville fetched $340,500, priced at $274 per square foot. Meanwhile, a well-appointed home at 6 Travelers Way commanded $820,000 with a spacious 1,955 square feet layout, reflecting the demand for larger homes in the area.
Other significant sales included:
– 21 Park Ave.: Sold for $375,000, 1,060 square feet, three bedrooms, and one bathroom.
– 143 Sylvan Lake Blvd.: Acquired for $392,000, featuring 1,557 square feet with two bedrooms and two bathrooms.
– 295 Allen Road: A substantial sale at $885,000 for a 2,310-square-foot home with three bedrooms and three bathrooms.
The data reflects ongoing trends in Berkeley, where buyers are actively seeking homes despite economic fluctuations. The latest figures indicate a robust market, driven by both demand for family-sized properties and attractive pricing strategies.
As the real estate landscape evolves, prospective buyers and sellers should stay tuned for upcoming market reports and insights. The developments from this past week suggest a vibrant community where real estate transactions are flourishing, with homes selling at competitive prices.
For those interested, further details on homes sold nearby in areas such as Vineland, Toms River, Old Bridge, Linden, and Montclair from the same period are also available, indicating a broader trend across the region.
As real estate continues to be a hot topic, these recent transactions in Berkeley are not just numbers; they represent families moving into new chapters of their lives and the ongoing evolution of a community. Stay informed for the latest developments as we track market trends and analyze the implications for buyers and sellers alike.
