LBI Real Estate Weekly Sales Update 2/1/2021-2/7/2021
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 2/1/2021-2/7/2021: There were a total of 79 changes to the Long Beach Island real estate market this week making it another busy week in the sale market. Coronavirus continues to have an impact on home sales as buyers look to invest in the shore areas and take advantage of low-interest rates. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,929,119
- 31 listings went under contract with an average listing price of about $1,107,932
- 12 properties sold on Long Beach Island with an average price of $1,865,667
- 8 listings were either withdrawn of expired in the LBI real estate market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
No comments:
Post a Comment