Long Beach Island Real Estate Weekly Sales Update 2/10/2019-2/17/2019
Long Beach Island Real Estate
LBI NJ Real Estate Weekly Sales Update 2/10/2019-2/17/2019: With 127 changes to the MLS this week on Long Beach Island it is fair to say things have been busy! This included new listings, price changes, sold listings, etc. Of particular interest were the high number of new listings and the high number of homes that went under contact. To help understand the dynamics of the LBI real estate market I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. This week saw the highest average sales price so far in 2019. In this week’s update you will find the LBI NJ Real Estate Weekly Sales Update 2/10/2019-2/17/2019. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
- 51 new listings entered the market with an average price of $1,392,000 (rounded)
- 21 listings went under contact with an average listing price of about $1,248,000 (rounded)
- 10 properties sold on Long Beach Island with an average price of $906,000 (rounded)
- 29 listings were either withdrawn of expired in the LBI real estate market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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