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Long Beach Island Average Sales Price Has Risen In The Oceanside Single Family Home Market
The real estate market on Long Beach Island has shown a steady increase in both activity and the average sales price. The improvement in the market can be attributed to several factors including a better economy, low interest rates, and a much improved and more storm ready Long Beach Island. Since Hurricane Sandy made landfall at the end of October 2012, LBI has seen an impressive improvement in area. Many homes have been either renovated or rebuilt, there are a number of proactive storm measures in place and buyer confidence has been increasing. This is evident in LBI Real Estate Oceanside Homes Appreciating in 2015 at a quick pace!