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: 4,724 About Nathan: ...
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