What is the Average Percentage Between Listing Price and Sales Price in the LBI New Jersey Real Estate Market
Long Beach Island Real Estate
The LBI real estate market is constantly changing, and all buyers and sellers need to pay close attention to the current market trends. This is especially true since COVID which caused massive changes to the Long Beach Island real estate sales and rental market. As the number of homes for sale on LBI dropped, prices rose quickly, and we saw far more competition for the current inventory of properties. While the number of homes for sale on Long Beach Island has started to rise slowly, we still see multiple offers on many properties, but not all, so buyers should not be discouraged! Understanding Long Beach Island real estate price negotiation percentages and the difference between listing price and sales price is a helpful metric for buyers and sellers alike.
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
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