For the month of May 2012, the LBI real estate market saw a total of 47 single family homes sold on Long Beach Island with an average sales price of $933,329. On average, homes sold in 163 days and for 92.2% of their asking price. Condo sales were also active with 6 units selling at an average price of $365,250. On average, condos spent 255 days on the market and sold for 93.3% of their listing price. A total of 6 duplexes also sold in May with an average price of $790,166 and an average of 162 days on the market.
The LBI real estate market continues to show its strength with the average price of a single family home over $130,000 higher than April and 7 more homes selling. This is in part due to the time of year as many buyers look to settle their transactions before the start of summer. Regardless, it is encouraging to see activity in the LBI real estate market! 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
Author:Nathan Colmer Phone: 609-290-4293 Dated: June 6th 2012 Views: 3,093 About Nathan: ...
Chat with us now!
A real live chat operator is online now! We can immediately get your questions answered or make sure we get it to an agent who can.
View our latest blog posts in your RSS reader. Click here to access.
3 Convenient Locations to help you with Southern Ocean County Real Estate and more! Since 1946 the Van Dyk Group has guided over 20,000 families, individuals and commercial businesses in fulfilling their real estate needs. Nowhere else will you find a more experienced team of Realtors!
Van Dyk Realtors maintain the area's largest market share of properties sold. The Van Dyk Group is a full service company and offers a number of services from relocation information and mortgage programs to insurance and financial services that will enable your buying or selling decision to be an enjoyable one.
Don't forget to hit LBI's amusement park this weekend. Next weekend wi
"Frank Tenner was great during the entire process even when we were having issues with the mortgage company and sellers. He was truly a Realtor, adviser and therapist all in one. He went above and beyond in every way. We have a few friends that will be looking this next year and have given his card to all of them and said he was the best."