LBI Real Estate Weekly Sales Update 05/21/2023-05/28/2023
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 05/21/2023-05/28/2023: There were a total of 45 changes in the week to kick off the Summer 2023 season on LBI, and, much to the relief of buyers, there were a higher number of new listings! 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 on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 15 new listings entered the market with an average price of $1,522,669
- 8 listings went under contract with an average listing price of about $3,454,112
- 12 properties sold on Long Beach Island with an average price of $2,291,743
- 5 listings saw price reductions 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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