Come join us for a day celebrating all those who have given so much to our country. Those who served and those who held the home and family together while you did! We thank you!Please join us for
December and Year End Sales Update
For the month of December 2011, there were 33 single family homes sold on LBI with an average sale price of $817,829. On average, these homes sold for 93.6% of their asking price and sold in 164 days. It is also interesting to note that there are currently 454 active single family homes on LBI and 75 under contract! In the month of December 5 condos and 5 duplexes sold for an average price of $580,500 and $892,000 respectively. The 5 condos sold for an average of 94.6% and in an average of 83 days with duplexes selling for an average of 92% and in 135 days. You can view the listing sheets for all sold single-family homes, condos and duplexes on LBI by following the enclosed link: http://buylbi.com/monthlysales.htm
December closes out a year that has seen some interesting activity in the LBI sale market. 2011 saw more homes sell than 2010 but for a slightly lower price point. In 2011, the average home sale price was about $951,000 whereas 2010 saw an average sale price of just over $1 million. 294 single family homes sold in 2010 where as 299 single family homes sold in 2011. The average days on the market and the average ratio of sale vs. list price were about the same. Overall, I think the data shows that the LBI sale market has remained more or less stable. It is encouraging to see that more homes sold in 2011 even if it was for a little less money on average. It is also encouraging to see that 75 single family homes are currently under contract!
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Ok the hot sauce recipes ideas are coming in. Be sure send me yours and I will re-post!This one is easy and delicious! Feel free to substitute your hot sauce of choice!Courtesy of Frank's Red