Is Brigantine, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$595,000
$431/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brigantine have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Brigantine was $595,000 in May 2024, up 12.5% from last year, and the median price per square foot was $431.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $261.9K | +34.3% |
| 2 Bedrooms | $425K | $492.5K | +15.9% |
| 3 Bedrooms | $575K | $635K | +10.4% |
| 4 Bedrooms | $700K | $980K | +40.0% |
| 5+ Bedrooms | $1.2M | $1.4M | +15.8% |
Summary: Brigantine housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.3%, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
| Atlantic City | $177.9K | $225K | +26.4% |
| Galloway Township | $265.6K | $300K | +12.9% |
| Brigantine | $529K | $595K | +12.5% |
Housing Supply in Brigantine, NJ
How many homes are available in Brigantine, NJ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 138 | 153 | +10.9% |
Summary: The Brigantine real estate market had 153 homes for sale in May 2024, a 10.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 26 | +52.9% |
| 2 Bedrooms | 32 | 30 | -6.3% |
| 3 Bedrooms | 34 | 37 | +8.8% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 30 | 34 | +13.3% |
Summary: The Brigantine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 52.9%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brigantine, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Brigantine in May 2024, down by 6.1% month-over-month. Of the 28 sold homes, 75% were sold under asking, 14% were sold at asking, and 11% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 17 Days | 70 Days | +298.5% |
Summary: Homes in Brigantine had an average of 70 days on market in May 2024, up by 298.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brigantine are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in Brigantine; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.