Tuesday, January 21, 2020

Oceanblock Single Family Home Sales in the Long Beach Island Real Estate Market

Oceanblock Single Family Home Sales in the Long Beach Island Real Estate Market




Long Beach Island Real Estate Single Family Home Sales 2019

The Long Beach Island real estate market had a strong year in 2019. The average price of a home was slightly higher than 2018 and there were more transactions in 2019 than 2018. That said, not all areas of the LBI real estate market performed the same and different property locations saw rather significant differences between 2018 and 2019. For example, oceanfront homes saw a much higher average transaction price but far fewer transactions between the two years. So, how did the oceanblock real estate market perform in 2019?
  • There were 119 sold single family homes on the oceanblock in 209
  • The average price of a home was $1,230,591
  • This represents the most transactions and the highest price over the last 5 year period.






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