2018 Long Beach Island Home Prices Are Hot

Dated: 02/16/2018

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2018 Long Beach Island Home Sales

2018 is off to a busy start for real estate sales.  According to the Jersey Shore MLS, the minimum price for properties that have gone to closing begins at $317,000.00 with the highest price sale to date is reported at $4,350,000.00.  A home on the dunes section of Long Beach Island topped the sold price to date at the $4,350,000.00. Situated on the Bayfront with all the luxury amenities of Long Beach Island living.  On the market for 229 days, originally listed for $4,995,000.00, the sale of this home tested market trends on the south end of Long Beach Island. 

The median price of closed properties for the start of 2018 calculated out to $1,200,000.  Fourteen properties sold for a range from $317,100 to $997,500.  Eleven homes have sold prices of $1,100,000 to $1,425,000, five others fell in the range of $1,500,000 to $1,850,000 and five others sold for $2,000,000 and $2,650,000, respectfully.

The sold properties are located throughout the various towns of Long Beach Island and all can boast of the enticing Long Beach Island vibe that grows to invite buyers to a lifestyle of coastal living.  This island of 18 miles continues to see an active investment and vacation home market. 

It sure is cold outside, but the real estate market is hot this time of year.  

Call  me, Judy Seddon, at The Van Dyk Group to list your home. 

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