Wednesday, January 22, 2020

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

Oceanside 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 good activity overall in 2019. As usual, single family home sales dominated the market as a whole. The average price of a home was a little higher in 2019 as compared to 2017 (the year with the most transactions) and 2018. While the general market saw a lot of activity, that increase was not spread evenly amongst all locations. There were some areas that saw drops in the numbers of home sold and others, like the oceanblock, that saw a large increase. Today we are going to look at single family oceanside transactions to see how that facet of the market fared in 2019.
  • There were 100 sold single family homes on the oceanside in 2019
  • The average price of a home was $938,148
  • The number of homes sold and the average price were both lower in 2019 when compared to 2018



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