Margate City home sold for $1.2 million

Last week, a house in Margate City sold for $1.2 million, making it the most expensive home sold in Atlantic County. This sale was part of a total of 25 residential real estate transactions recorded in the area. The average sale price for homes in the county was $384,772, which equals about $219 per square foot. The data includes sales where the title was recorded during the week of March 10, even if the deals happened earlier. This highlights ongoing trends in the local real estate market, with significant activity in various counties. Other counties in New Jersey also reported their own sets of expensive home sales during the same period.