Tuesday, January 28, 2020

LBI Real Estate Single Family Bayside Home Sales in 2019

LBI Real Estate Single Family Bayside Home Sales in 2019





Long Beach Island Real Estate Single Family Home Sales 2019

Stability was the key word for the Long Beach Island NJ real estate market in 2019. While the average price of a single family home and condo increased slightly and there were a few more closed transactions in 2019 compared to 2018, stability is the best term for the LBI market in 2019. Perhaps in no other segment of the LBI real estate market is this more evident than in the bayside market. 2019 and 2018 saw the exact same number of closed single family homes in both years! The bayside was also the most active area of Long Beach Island in both years. Sales in 2019 were as follows:
  • There were 223 sold single family homes on the oceanside in 2019
  • The average price of a home was $767,254
  • While the same number of homes sold in 2018 and 2019, the average price of a home was lower in 2019.




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