LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020: Overall activity in the LBI real estate market dropped off this week. Some of this is likely due to the election, the time of year, and the very low levels of inventory. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 16 new listings entered the market with an average price of $1,041,687
- 29 listings went under contract with an average listing price of about $1,667,266
- 29 properties sold on Long Beach Island with an average price of $1,063,259
- 5 listings were either withdrawn of expired in the LBI real estate market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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
More LBI Real Estate Information:
LBI Real Estate Market Active and Sold Listings YTD 2020
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