Ship Bottom Real Estate 2016 Second Quarter Sales On Long Beach Island

Dated: 10/26/2016

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Ship Bottom Real Estate 2016 Second Quarter Sales on Long Beach Island

Ship Bottom Real Estate 2016 Second Quarter Sales on Long Beach Island
Ship Bottom Real Estate 2016 Second Quarter Sales on Long Beach Island

Long Beach Island Real Estate

The real estate market in Ship Bottom had a strong second quarter which is a trend we see elsewhere throughout the LBI real estate market. It is important to remember that Ship Bottom tends to have an average sales price for a single-family home lower than other neighborhoods throughout Long Beach Island. This is partly due to the smaller lot sizes and higher density of the area. The average price of a single-family home in Ship Bottom was $573,708 which is substantially lower than other areas, but not out of line for Ship Bottom. Overall, Ship Bottom real estate 2016 second quarter sales on Long Beach Island performed well and support the general data of a higher LBI real estate market.

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