Long Beach Island Real Estate Inventory Levels During COVID-19
Long Beach Island Real Estate Inventory Levels
The LBI real estate market has seen some extraordinary activity in 2020, thanks mainly to COVID-19. Coronavirus increased the activity levels in the already busy LBI real estate market and has greatly reduced the number of homes for sale on Long Beach Island. All buyers and sellers should be aware of these trends as they can have a significant impact on the ability to complete a successful transaction on Long Beach Island.
- March of 2020 saw the highest inventory with a total of 692 listings for sale
- January 2021 saw the lowest with 215 listings for sale on Long Beach Island
- July saw 139 new listings come on the market, the highest month of the year
- April saw the lowest number of new listings (40) followed closely by December with 42
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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