For the month of June, the LBI real estate market showed some increased activity! Below are the statistics on LBI sales for June 2012:
Single Family Homes
47 units sold
Average Price: $1,014,870
Average % of Asking Price: 94.2%
Average Days on Market: 190
5 units sold
Average Price: $519,000
Average % of Asking Price: 93.3%
Average Days on Market: 226
3 units sold
Average Price: $495,000
Average % of Asking Price: 95.0%
Average Days on Market: 81
It is again encouraging to see that the number of transactions has remained very high and that the average sales price has increased to over $1,000,000! We have continued to see an increase in buyer activity on LBI even into these early summer months. As usual, single family homes are the most active facet of our market. For more information on homes sold in June 2012, please feel free to visit my website www.BuyLBI.com. You can also follow the below link to my “Monthly Sales Update” page which will display all homes sold in June: http://buylbi.com/monthlysales.htm
Author:Nathan Colmer Phone: 609-290-4293 Dated: July 5th 2012 Views: 3,926 About Nathan: ...
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"We would like to take this opportunity to thank Rick Saparito Jr for his extraordinary and exemplary representation in this difficult transaction. His professionalism and knowledge helped us through unusually tough situations. He was always available to assist, explain, resolve and handle. He always knew the correct, creative and helpful answers. Nothing was too difficult. He gave us the element of confidence we needed, and was always available when we called or when anyone else in the transaction needed something. We consider ourselves very fortunate to be his clients and we expect to continue our relationship.