The Boatworks real estate market is getting better. Homeowners saw the best real estate market in 12 years.
This, after a period of zero or negative equity for owners who purchased their homes pre-construction 2004/2005 or shortly afterward 2006/2007 when the entire country began to see a sharp decline in the market.
14 townhomes sold between January 1, 2021 and December 31, 2021. $440,000 was the highest sold price, two of the homes achieved this. One other closed at $435,000
$416,071 was the average sold price this year and 50% of those sold achieved list or above list price. 86% of those sold achieved over $400,000. In the previous years, the average sold price ranged between $325,000 and $395,000 (achieved only in 2020)
There is one sale pending in the community.
if you are interested in getting the facts about the Boatworks real estate market, thinking about selling your home, or becoming a homeowner contact Janice Hall, Broker / Realtor 201.232.8577 | 201.839.3120
For more information about the Boatworks community visit www.BoatworksBayonne.com
