LBI Real Estate Weekly Sales Update 08-25-2024 to 9-1-2024
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 08-25-2024 to 9-1-2024: The last week of Summer 2024 saw an explosion in new listing activity. This is normal for the time of year as homeowners wrap up their last days on Long Beach Island and list their homes for the fall market. In fact, there were three times as many new listings as there were pending sales! Such a disparity has not been seen in over a year! In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 24 new listings entered the market with an average price of $2,469,366
- 8 listings went under contract with an average listing price of about $1,535,862
- 11 properties sold on Long Beach Island with an average price of $2,021,184
- 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
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