LBI Real Estate Weekly Sales Update 11/6/2022-11/13/2022
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/6/2022-11/13/2022: It was a very quiet week in the LBI real estate sales market. There were only 34 changes to the MLS. While this is much less than we typically see, November and December tend to be slower months in the market. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 8 new listings entered the market with an average price of $1,556,700
- 5 listings went under contract with an average listing price of about $1,414,600
- 10 properties sold on Long Beach Island with an average price of $1,347,458
- 10 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
More LBI Real Estate Information:
Viewpoint in the LBI Real Estate Market Matters
Planning to Buy in the Long Beach Island New Jersey Real Estate Market
Why Condominiums Should Be Considered As Part Of Your LBI Real Estate Search
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