Monday, January 13, 2020

Long Beach Island Real Estate New Home Sales 2019

Long Beach Island Real Estate New Home Sales 2019



Long Beach Island Real Estate New Construction

The Long Beach Island NJ real estate market had an overall strong 2019. There was more activity in the sales market compared to last year and the average price was slightly higher. While still behind the sales volume of 2017, the LBI real estate market performed well overall. The new construction segment of the market reflected the broader sales market. Looking at the overall new home market and taking all homes styles, locations and price points into account we see the following:
  • 73 new homes sold in the Long Beach Island real estate market
  • The average price of a new construction was $1,781,877
  • Both of these numbers show a slight improvement over 2018




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