Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/14/2021-11/21/2021
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/14/2021-11/21/2021: There were a total of 65 changes to the MLS this week, which seems to be the running tally of market activity these days, but the nature of this activity was very different. There were very few new listings, but lots of pending sales and price drops! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 7 new listings entered the market with an average price of $1,285,000
- 17 listings went under contract with an average listing price of about $1,099,876
- 19 properties sold on Long Beach Island with an average price of $1,400,667
- 13 listings saw price reductions 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
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Planning For Higher Interest Rates in the Long Beach Island Real Estate Market
Why LBI Interest Rates Fuel the LBI Real Estate Market
Pre-offer Home Inspection for Buying a House on Long Beach Island
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