August 2017 LBI Real Estate Sales And Transactions On Long Beach Island NJ

Dated: September 20 2017

Views: 738

August 2017 LBI Real Estate Sales and Transactions on Long Beach Island NJ


Image title


August saw a large increase activity with more single family home sales taking place. Sales were as follows:

Single Family Homes

  • 36 Sold

  • Average Price: $1,021,646

  • Average Percentage of Listing Price: 96.25%

  • Average Days on Market: 90

Condominiums

    5 Sold
  • Price: $421,200

  • 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.

Blog author image

Nathan Colmer

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 ....

Latest Blog Posts

Why This Might Be The Best Time To Sell In The Long Beach Island Real Estate Market

 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

Read More

Five Reasons Why 2021 Is A Different Year For The LBI New Jersey Real Estate Market

 Five Reasons Why 2021 is a Different Year for the LBI New Jersey Real Estate MarketLong Beach Island Real Estate Market TrendsIt is safe to say that 2020 and 2021 have been different.

Read More

Want To See The Current Long Beach Island Real Estate Market Trends

Want To See The Current Long Beach Island Real Estate Market Trends?Here are the latest trends in the Long Beach Island Housing Market -->The Market Gauges below provide a ton of info about the

Read More

Something Is Phishy

Do you know how to tell if cybercriminals have gone 'phishing' for your personal information? Learn to spot the red flags of a suspicious email so the identity thieves never get their big catch!

Read More