The Housing Market in LBI is giving sellers the upper hand. LBI families and citizens across the country, 2020, will undoubtedly be one to remember, with new realities and norms that changed the
December Sales on Long Beach Island NJ
Even with Superstorm Sandy, a total of 42 units sold on Long Beach Island in December 2012! The sales breakdown is as follows:
Single Family Homes
Average Price: $1,103,912
Average Percentage of Listing Price: 92%
Average Days on Market:180
Average Price: $450,000
Average Percentage of Listing Price: 93.8%
Average Days on Market:261
Multi Family Homes (Duplexes)
Average Price: $746,000
Average Percentage of Listing Price: 93%
Average Days on Market:250
It is remarkable to see that the sales levels have returned to, or in some cases exceeded, both the number of homes sold and the average listing price for many months prior to Hurricane Sandy.
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 ....