Saturday, December 8, 2018

Average Listing Price and Average Sale Price Ratios in the Long Beach Island Real Estate Market

Average Listing Price and Average Sale Price Ratios in the Long Beach Island Real Estate Market




Average Listing Price and Average Sale Price Ratios in the Long Beach Island Real Estate Market

Long Beach Island Real Estate

When looking to make an offer on a home in the LBI real estate market it is helpful to understand the current market trends. I am often asked how much negotiation room there is for a home on LBI and while there is no simple answer to this question, understating LBI Real Estate Listing Price and Sale Price Ratios is a great place to start. I have put together some information about the average spread between both the current listing price and the original listing price of a home to better understand this statistic. This is helpful in not only being able to better identify where to start an offer on a home but also if a home is overpriced and if it is better to wait before presenting an offer to buy a home in the Long Beach Island 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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