Thursday, October 25, 2018

Original and Reduced Closing Price in the Long Beach Island New Jersey Real Estate Market

Original and Reduced Closing Price in the Long Beach Island New Jersey Real Estate Market





LBI Real Estate Close Price to List Price Ratio

LBI NJ Real Estate

A question that often comes up is how the ORIGINAL listing price correlates to the sales price for a home in the LBI real estate market. This is a valid question, especially when looking at a home that just came on the market. Each month I publish a sales update that covers the average sales price, days on market and list price to sale price ratio however this ratio is specific to the current listing price-not the original listing price. When looking to buy a home in the LBI real estate market an examination of LBI real estate close price to list price ratio, including the original listing price for a home on Long Beach Island, can be very helpful.

By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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