LBI Real Estate Weekly Sales Update 10/4/2020-10/11/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 10/4/2020-10/11/2020: There were a total of 115 changes to the Long Beach Island real estate market this week. While activity was spread evenly, there were more price reductions this week than we have seen recently. To help understand the dynamics of the LBI real estate market for buyers, sellers 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
22 new listings entered the market with an average price of $1,701,954
45 listings went under contract with an average listing price of about $1,205,278
30 properties sold on Long Beach Island with an average price of $1,173,670
6 listings were either withdrawn or expired in the LBI real estate market
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.BuyLBI.com
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