A single-family home in Tinton Falls has become the most expensive residential real estate sale in the Howell area from November 10 to November 23, fetching a remarkable price of $1,275,777. This sale highlights a period of notable activity in the region’s real estate market, where a total of 24 residential transactions were recorded, resulting in an average sale price of $625,030, or $322 per square foot.
Among the sales, the Tinton Falls residence, located at 3581 Wyckoff Road, stands out. Built in 1987, the home spans 4,200 square feet, featuring four bedrooms and three bathrooms. The transaction was finalized on October 30, 2023, with the price per square foot calculated at $304.
Notable Sales in the Howell Area
Several other properties also garnered significant attention during this period. Following the Tinton Falls home, the second highest sale was a single-family house at 4 Hummingbird Court, which sold for $1,115,000. This residence, built in 2012, boasts a spacious living area of 3,564 square feet and includes four bedrooms and two bathrooms. The deal was also concluded on October 30, 2023, reflecting the competitive nature of the market.
The third most expensive sale was recorded at 39 Old Bridge Drive, where a home sold for $860,000. This property, built in 1968, provides a generous living space of 3,367 square feet, featuring five bedrooms and four bathrooms. The sale was completed on October 23, 2023, highlighting the sustained demand for larger homes in the area.
Other notable transactions include:
– A home at 4 Diamond Lane, sold for $850,000, with a living area of 2,124 square feet.
– A residence at 40 Marc Drive, which fetched $810,000.
– A house at 76 Diamond Lane, sold for $799,900.
These sales reflect a robust residential market, with properties ranging from older homes to newly constructed condominiums.
Market Trends and Insights
The data indicates a thriving real estate environment in Howell, characterized by diverse options for prospective buyers. The average price of $625,030 reveals a healthy appreciation in property values, suggesting strong demand in the area.
The listings include properties with varying features and prices, catering to a wide range of buyers. The sales reported encompass a mix of single-family homes and condominiums, demonstrating the area’s appeal to different demographics.
As the real estate market continues to evolve, these transactions offer a glimpse into the area’s economic vitality and the ongoing interest in residential properties. The Howell area remains a focal point for both buyers and investors, driven by its desirable locations and diverse housing options.
Further insights into recent sales trends in neighboring areas, such as Bridgewater and Jackson, will likely provide additional context for understanding the regional market dynamics. The Howell area, with its blend of established homes and new developments, continues to attract significant attention from both local and out-of-state buyers.
