Yes, some home sales don’t make it to closing. There are a number of situationsthat may derail a deal, and it’s a nightmare-come-true when it happens.The good news is that the percentage of

Dated: September 5 2012
Views: 7011
August 2012 Sales on LBI
For the month of August 2012, the LBI real estate market showed some increased activity! A total of 39 properties sold on Long Beach Island NJ for the month of August. The sales are broken down as follows:
Single Family Homes:
32 Sold
Average Price: $1,006,528
Days on Market: 137
% of Listing Price: 94%
Condos:
5 Sold
Average Price: $315,000
Days on Market: 163
% of Listing Price: 92%
Duplexes:
2 Sold
Average Price: $413,500
Days on Market: 72
% of Listing Price: 94%
August 2012 demonstrated the continued improvement in the LBI real estate market. Compared to August 2011, the average price of a single family home was up almost $250,000 and nearly three times as many homes sold!! In August 2011, the average single family home price was $763,000 and only 11 homes sold so it is easy to see what a dramatic difference 2012 has created. Typically, September and October are ideal times to buy real estate on Long Beach Island as we see a surge in inventory and more motivation on the part of sellers who have had their house on the market for the summer and been unable to sell it. It will be interesting to see how September and October fair in the real estate market! You can view the listing sheets for all sold single-family homes, condos and duplexes on LBI by following the enclosed link: http://buylbi.com/monthlysales.htm
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 ....
Yes, some home sales don’t make it to closing. There are a number of situationsthat may derail a deal, and it’s a nightmare-come-true when it happens.The good news is that the percentage of
The Chowderfest on Long Beach Island is scheduled for Saturday October 1 - 10 - 7pm . Rain date on Sunday October 2. If you have not gone before, this is a fun , family and pet
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The borough of Beach Haven hopes to have a brand new attraction and community draw by summer 2023: a skatepark. The proposed skatepark would be located to the west of the basketball court on