Monday, February 24, 2020

Long Beach Island Real Estate Days on Market

Long Beach Island Real Estate Days on Market




Long Beach Island Real Estate

When looking to sell a home in the Long Beach Island New Jersey real estate market, understanding how long a home takes to sell is a vital component of the transaction. While the reasons people sell a home on LBI vary, there is always some motivating factor. Whatever the motivation is, anticipating how long it may take to acquire the proceeds of the sale can go a long way towards short and long term planning. Below are some general statistics on timing in the LBI real estate market.
  • In 2019 the median days on market from listing to closing was 100 days
  • In the same year the average days on market were 161
  • 2019 represented the shortest length of time to sell a home in the past 5 years.




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