$1,959 Closing Credit*
$165,000
1,024 SqFt
1 Bed
•1 Full Bath
Erin K Lewandowski, Listing Office: BHHS Fox & Roach-Moorestown
Is Beverly, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Beverly was a Seller's Market.
Key Takeaway
Beverly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Beverly, NJ
How much do homes in Beverly, NJ cost?
Median Sold Price
$290,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,500(+7.6%)
Key Takeaway
Homes in Beverly have sold for 7.6% more than they did a year ago.
Summary: The median home sold price in Beverly was $290,000 in October 2024, up 7.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $160K | +23.1% |
| 2 Bedrooms | $175K | $215K | +22.9% |
| 3 Bedrooms | $303K | $340K | +12.2% |
| 4 Bedrooms | $335K | $365K | +9.0% |
| 5+ Bedrooms | $280K | $345.5K | +23.4% |
Summary: Beverly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Cities
| Edgewater Park Township | $300K | $335K | +11.7% |
| Riverside | $325.6K | $352.2K | +8.2% |
| Bensalem | $375K | $405K | +8.0% |
| Bensalem Township | $380K | $410K | +7.9% |
| Beverly | $269.5K | $290K | +7.6% |
Housing Supply in Beverly, NJ
How many homes are available in Beverly, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 55 | +22.2% |
Summary: The Beverly real estate market had 55 homes for sale in October 2024, a 22.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 14 | 22 | +57.1% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Beverly housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 6 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beverly, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Beverly in October 2024, down by 60.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Beverly, NJ
How long does it take to sell a home in Beverly, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 59 Days | +302.3% |
Summary: Homes in Beverly had an average of 59 days on market in Oct 2024, up by 302.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beverly are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Beverly; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.