Nathan Colmer | The Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Read LBI real estate monthly sales and Long Beach Island New Jersey real estate information provided by Nathan Colmer of The Van Dyk Group. LBI real estate sales are broken down on a month by month basis for single family homes, condos and duplexes on Long Beach Island.
January 2019 started off more or less on par with a year ago. Sales were as follows:
Single Family Homes
Average Price: $1,179,656
Average Percentage of Listing Price: 94.5%
Average Days on Market: 118
Percentage of Listing Price: 95.37%
Days on Market: 230
Looking back to January 2018 we see the LBI real estate market is off to a slightly slower start. There were 2 less single family homes sold in 2019 and the average price was about $50,000 less. Overall these are not significant numbers but if these trends continue it could be the sign of a slowing market on LBI. At present there are about 60-75 homes under contract on LBI so activity is still holding steady. You can view all homes sold in the past month by clicking here.