LBI Real Estate Weekly Sales Update 11/12/2023-11/19/2023
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/12/2023-11/19/2023: There were 40 changes to the LBI real estate sales market this week, which is a pretty standard amount of activity these days. The market was once again in balance with new listings and pending sales. 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 on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 9 new listings entered the market with an average price of $1,393,657
- 9 listings went under contract with an average listing price of about $2,242,656
- 11 properties sold on Long Beach Island with an average price of $1,757,500
- 6 listings saw price reductions in the LBI real estate market and one home saw a price increase
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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