Sunday, February 28, 2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/21/2021-02/28/2021

 

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/21/2021-02/28/2021




Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021: There were a total 74 changes to the Long Beach Island real estate market this week. In the pre-COVID market, this would have been a rather slow week however in the current market, this is a normal amount of activity thanks to the 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 10 new listings entered the market with an average price of $1,549,540
  • 25 listings went under contract with an average listing price of about $1,192,624
  • 22 properties sold on Long Beach Island with an average price of $1,120,859
  • 13 listings were either withdrawn of expired in the LBI real estate market

By : Nathan Colmer | LBI Real Estate Agent | 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

More LBI Real Estate Information:

LBI Real Estate Accretion

Credit Scores in the LBI Real Estate Market

Arms Length Transaction in the LBI Real Estate Market

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