Sunday, October 18, 2020

LBI Real Estate Weekly Sales Update 10/11/2020-10/18/2020

 

LBI Real Estate Weekly Sales Update 10/11/2020-10/18/2020





Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 10/11/2020-10/18/2020: The LBI real estate market resumed some of its activity with 134 changes this week. Many of these changes were in the form of new listings, which the market desperately needs. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 35 new listings entered the market with an average price of $1,370,303
  • 36 listings went under contract with an average listing price of about $1,483,108
  • 36 properties sold on Long Beach Island with an average price of $1,303,206
  • 14 listings were either withdrawn of expired in the LBI real estate market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


Click here to search all homes for sale in the Long Beach Island NJ real estate market




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