Is Brigantine, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brigantine is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Brigantine has remained a Seller's Market.

Key Takeaway

Brigantine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brigantine, NJ

How much do homes in Brigantine, NJ cost?

Median Sold Price

$600,000

$425/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$135,000(+29.0%)

Key Takeaway

Homes in Brigantine have sold for 29% more than they did a year ago.

Summary: The median home sold price in Brigantine was $600,000 in November 2024, up 29% from last year, and the median price per square foot was $425.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $250K$304.5K
+21.8%
2 $470K$495K
+5.3%
3 $575K$660K
+14.8%
4 $980K$830K
-15.3%
5+ $1.1M$1.4M
+24.7%

Summary: Brigantine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 24.7%.

Median Sold Price Compared To Nearby Cities

Galloway Township
+51.2%
Brigantine
+29.0%
Atlantic City
+9.5%

Housing Supply in Brigantine, NJ

How many homes are available in Brigantine, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
124122-1.6%

Summary: The Brigantine real estate market had 122 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1717
0.0%
2 3132
+3.2%
3 3426
-23.5%
4 1012
+20.0%
5+ 3235
+9.4%

Summary: The Brigantine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brigantine, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Brigantine in November 2024, down by 12.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 35% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
37 Days68 Days+81.9%

Summary: Homes in Brigantine had an average of 68 days on market in Nov 2024, up by 81.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brigantine are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in Brigantine; 59% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Brigantine, NJ

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