LBI Real Estate Weekly Sales Update 11-12-2023 to 11-19-2023

Dated: November 19 2023

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LBI Real Estate Weekly Sales Update 11/12/2023-11/19/2023

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 11/12/2023-11/19/2023: There were 40 changes to the LBI real estate sales market this week, which is a pretty standard amount of activity these days. The market was once again in balance with new listings and pending sales. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 9 new listings entered the market with an average price of $1,393,657
  • 9 listings went under contract with an average listing price of about $2,242,656
  • 11 properties sold on Long Beach Island with an average price of $1,757,500
  • 6 listings saw price reductions in the LBI real estate market and one home saw a price increase

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:

LBI Real Estate Market Mortgage Rates Dropped

Don’t Expect Foreclosures on Long Beach Island in 2024

Add Condos to Your LBI Real Estate Home Search

Life on LBI-LBI Kite Fest

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Nathan Colmer

I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This has given me a deep knowledge base of the area that many others lack. My career in real estate has bee....

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