Margate Real Estate Market Update 4th quarter 2011

Real Estate Agent with RE/MAX Platinum Properties



margate real estateMargate Real Estate Market Update 4th quarter 2011

The Margate Real Estate Market had  52 total sales  in the 4th Quarter of 2011                                         

The Margate Real Estate Market had  59 total sales in the 4th Quarter of 2010   


4th Quarter of 2011 36 residential sales, 15 condo sales, 0 lot sale, 0 commercial sale,  1 multi fam. sale

4th Quarter of 2010 44 residential sales, 12 condo sales, 1 lot sale, 1 commercial sale,  1 multi fam. Sale


                                                 High           Low             Average          Median        Total Price

2011 4th Quarter List Price     $5,100,000        $99,000       $734,941       $504,500      $38,216,966

2011 4th Quarter Sold Price   $4,162,500         $95,000      $627,353       $450,000      $32,622,400


2010 4th Quarter List Price     $3,950,000        $195,000     $713,203        $499,000     $42,079,000

2010 4th Quarter Sold Price    $3,050,000        $175,000    $627,379         $450,000    $37,015,400 


margate real estateMargate Real Estate seems to have held up fairly well compared to other communities in Atlantic County.  The total numbers may be slightly lower but the average sales price stayed virtually the same.

The Margate Real Estate market only had 1 foreclosure and 1 short sale in the 4th quarter 2011. The numbers for foreclosures and short sales were much higher in almost every other community in Atlantic County.

Margate has a lot to offer as a shore community

margate real estate

Lot's of new playgrounds and Ballfields



margate real estate

Modern Beach Block Library with Senior Pavillion



margate real estate

Margate Firemans Log Cabin Club



margate real estate

Milton and Betty Katz Jewish Community Center


margate real estate


Most all Margate has clean, wide beaches, and fishing pier.







Margate Real Estate Update 4th Quarter 2011 





Comments (2)

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nice presentation of the 4th quarter Margate Real Estate Market and all this town it has to offer!

Jan 25, 2012 11:28 PM
Thomas OBrien
RE/MAX Platinum Properties - Margate City, NJ
Atlantic County Short Sales Agent, CDPE

Thanks for the compliment!

Jan 31, 2012 02:34 AM