Thursday, August 13, 2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/2/2020-8/9/2020

 

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/2/2020-8/9/2020




Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 8/2/2020-8/9/2020: With 116 changes to the MLS this past week, the Long Beach Island real estate market continues to produce record numbers of sale transactions. To help understand the dynamics of the LBI real estate market for buyerssellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 30 new listings entered the market with an average price of $1,136,587
  • 42 listings went under contact with an average listing price of about $1,265,457
  • 17 properties sold on Long Beach Island with an average price of $1,105,725
  • 10 listings were either withdrawn of expired in the LBI real estate market




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