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

Dated: September 20 2017

Views: 757

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

Question Of The Year

When should you sell your New Jersey home?Sometimes life changes — expected or not — can require selling during a slower month or time of year. That's ok! The most important factor in

Read More

Come Support Local Theatre Kids

The Sun Will Come Out Tomorrow!Come see Stafford Township 6th Graders in Annie, Jr.  These kids have been working hard the past few months in rehearsals and are ready to show off all their hard

Read More

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 011620220120232022

 Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 01/16/2022-01/2023/2022Long Beach Island Real EstateLBI Real Estate Weekly Sales Update 01/16/2022-01/2023

Read More

Tastiest Wings On Lbi

So you have heard of Buckelews and of course the CHEGG (The Chicken or the Egg)....BUT....Have you heard of the Arlington?  The Arlington has a more limited menu but the food is  

Read More