Tracking The Median List Price Of A Single Family Home In The Long Beach Island Real Estate Market

Dated: 02/18/2015

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Long Beach Island Real Estate

The LBI real estate market has been experiencing a period of increased activity. This increase has been seen in both the number of homes sold as well as the average sales price. The reasons for this very, but most would agree that the increase activity can be attributed to an improving economy, low interest rates, and Hurricane Sandy. While this last metric may surprise some, Hurricane Sandy has had some very positive long-term effects on the Long Beach Island real estate market. Hurricane Sandy prompted the renovation and reconstruction of the older homes on LBI. These renovated and rebuilt homes had more value in the LBI real estate marketand have helped to increase both the interest and safety of Long Beach on. One very effective tool to matter confidence seen in the LBI real estate market is by tracking the median list price of a home as the LBI real estate median list price increases, this will often signal a stronger market and sell her confidence increases.

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Tracking the Median List Price of a Single Family Home in the Long Beach Island Real Estate Market

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