Sunday, January 27, 2019

Long Beach Island Real Estate Weekly Sales Update for 1/21/2019-1/28/2019



Long Beach Island Real Estate Weekly Sales Update for 1/21/2019-1/28/2019


LBI Real Estate Market Listing Progress for the Week of 1/21/2019-1/28/2019

Long Beach Island Real Estate

Long Beach Island Real Estate Weekly Sales Update for 1/21/2019-1/28/2019 The LBI real estate market saw a total of 86 changes over the last week. This included new listings, price changes, sold listings, etc. To help understand the dynamics of the LBI real estate market I publish This weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. Overall market activity was steady with a good number of pending sales and closed transactions. In this week’s update you will find the LBI real estate market update for the week of 1/21/2019-1/28/2019. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
  • 17 new listings entered the market with an average price of $1,385,000 (rounded)
  • 10 listings went under contact with an average price of about $1,076,000 (rounded)
  • 15 properties sold on Long Beach Island with an average price of $929,800 (rounded)
  • 21 listings were either withdrawn of expired in the LBI real estate market

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