Long Beach Island Real Estate Market Prices
Long Beach Island New Jersey Real Estate
The LBI real estate market has been seeing some strong activity over the last few years. So much in fact prices have set another high in 2018 and show little sign of slowing down at least for the short term. That said, there are clear signs that the overall market has slowed down and the average and median price of a single family home are one of the only indicators that the market may not be slowing down. The average days on market are longer, we are seeing more negotiation on the part of a seller and most concerning the number of closed and pending sales are far lower. Even as LBI Real Estate Prices Reach New Highs, buyers should be cautious and remained disciplined to avoid making a costly mistake when buying a home in the Long Beach Island real estate market.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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