Sunday, November 20, 2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/13/2022-11/20/2022

 

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/13/2022-11/20/2022







Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 11/13/2022-11/20/2022: With a total of 41 changes to the MLS this week, the LBI real estate market continued to show balance. Pending sales outpaced new listings for the first time in a few weeks demonstrating there is still a lot of confidence in the LBI real estate market. This is also reflected in my monthly analysis of home sales on Long Beach Island NJ which shows stable activity as well. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 6 new listings entered the market with an average price of $1,823,667
  • 8 listings went under contract with an average listing price of about $1,714,000
  • 10 properties sold on Long Beach Island with an average price of $1,896,900
  • 7 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

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:

Two LBI Real Estate Questions Buyers Should Be Asking

LBI Real Estate Affordability Factors

LBI Real Estate Market Homeowner Equity

Where LBI Real Estate Market Prices Are Heading

Why Selling a Home in the LBI Real Estate Market Makes Sense Right Now


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