Why This Might Be the Best Time to Sell in the Long Beach Island Real Estate MarketLong Beach Island Real EstateIn any market, timing is everything. While it is impossible to predict the top
August 2017 LBI Real Estate Sales And Transactions On Long Beach Island NJ
Dated: September 20 2017
August 2017 LBI Real Estate Sales and Transactions on Long Beach Island NJ
August saw a large increase activity with more single family home sales taking place. Sales were as follows:
Single Family Homes
Average Price: $1,021,646
Average Percentage of Listing Price: 96.25%
Average Days on Market: 90
- 5 Sold
Percentage of Listing Price: 94.72%
Days on Market: 123
Market activity picked up quite a bit over the summer. There was one less transaction in 2017 when compared to 2016 and the average price was slightly lower. That said, the difference between the two years was minor and therefore points to a very stable market on LBI. There are over 122 pending sales in the LBI real estate market which shows a healthy amount of activity. As it stands, signs point to a strong fall market on LBI! You can view all homes sold in the past month by clicking here.
LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....
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