Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 08/01/2021-08/08/2021
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 08/01/2021-08/08/2021: Activity in the Long Beach Island real estate market exploded this week with a total of 89 changes to the MLS. This is much higher than we have seen in the last several weeks-and much of this activity was in the form of new listings. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 38 new listings entered the market with an average price of $1,454,495
- 22 listings went under contract with an average listing price of about $1,349,118
- 10 properties sold on Long Beach Island with an average price of $1,392,800
- 5 listings were either withdrawn of expired in the LBI real estate market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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