Historic Active Listing Count in the LBI NJ Real Estate MarketActive Listings in the Long Beach Island Real Estate Market 2013-2018Long Beach Island Real EstateOne of the major issues facing
Long Beach Island Sales On The Rise
The stats are in comparing sales of single family homes on LBI from 2015 to 2016.
2015 - 321 Non-waterfront homes sold for an average price of $808,988
They were on the market for an average of 132 days and sold for 95% of their asking price
2016 - 380 Non-waterfront homes sold for an average price of $834,221
They were on the market for an average of 153 days and also sold for 95% of their asking price
Waterfront single family homes include ocean front, bay front and lagoon front
2015 - 102 sales with an average price of $1,737,407
They were on the market for an average of 186 days and sold for 92% of their asking price
2016 - 95 sales with an average price of $1,595,469
They were on the market for an average of 192 days and sold for 93% of their asking price.
While the waterfront market was slightly down from 2015 to 2016, the non-waterfront market definitely rose. With prices and interest rates climbing, don't wait to realize your dream of owning a home on Long Beach Island. To begin your search, click here.
Statistics gathered from the Jersey Shore Multiple Listing site. Figures are deemed accurate but are not guaranteed.
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