Monday, December 31, 2018

Weekly Home Sale Update for the Long Beach Island NJ Real Estate Market 12/23/2018-12/31/2018

Weekly Home Sale Update for the Long Beach Island NJ Real Estate Market 12/23/2018-12/31/2018





Long Beach Island Real Estate

When getting ready to buysell, or invest in the Long Beach Island NJ real estate market is to understand the current activity. To help with this, I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. In this week’s update, the last of 2018, you will find the LBI real estate market update for the week of 12/23/2018-12/31/2018. you can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
  • 10 new listings entered the market with an average price of $1,111,000 (rounded)
  • Only 3 listings went under contact which is too small of a sample size to derive a meaningful average
  • 10 properties sold on Long Beach Island with an average price of $1,034,000 (rounded)
  • 17 listings were either withdrawn of expired in the LBI real estate market

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