Historic Active Listing Count in the LBI NJ Real Estate Market
Active Listings in the Long Beach Island Real Estate Market 2013-2018Long Beach Island Real Estate
One of the major issues facing buyers in the LBI real estate market at present is a lack of inventory, Since Sandy it seems to be harder and harder to find the “right” home to buy on Long Beach Island. Active Listings in the Long Beach Island Real Estate Market 2013-2018 has seen a decline in part fueled by more owners keeping their homes for rental and personal use since rebuilding post Sandy. Buying a home on Long Beach Island is still a great investment, but it is important to know what makes a good buy and when to act!
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Active Listings in the Long Beach Island Real Estate Market 2013-2018
Below is a breakdown of all active listings in the LBI real estate market year over year and month over month:
| Month | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| Jan | 583 | 664 | 784 | 755 | 711 | 631 |
| Feb | 600 | 708 | 826 | 818 | 729 | 693 |
| Mar | 608 | 762 | 857 | 855 | 757 | 663 |
| Apr | 620 | 783 | 874 | 893 | 730 | 667 |
| May | 620 | 794 | 857 | 879 | 716 | 662 |
| Jun | 653 | 792 | 823 | 842 | 679 | 636 |
| Jul | 663 | 768 | 844 | 816 | 686 | 659 |
| Aug | 667 | 776 | 876 | 763 | 699 | 694 |
| Sep | 727 | 840 | 898 | 793 | 728 | |
| Oct | 719 | 816 | 882 | 779 | 710 | |
| Nov | 691 | 788 | 866 | 749 | 670 | |
| Dec | 636 | 733 | 766 | 667 | 611 |
As you can see from the above, every month in 2018 year to date has shown a lower than average number of active listings in the LBI real estate market. What is also somewhat misleading is more and more agents are leaving listings that are really under contract as active in the MLS for longer periods of time. Therefore the actual number of available properties is actually LOWER than what is shown here.
Buying a Home in the LBI NJ Real Estate Market
When looking to buy a home in the Long Beach Island New Jersey real estate market it is important to keep the fundamentals in mind. Since there are far less homes available for sale naturally there will be more competition. Being a better educated buyer will make you better able to define what is and what is not a good value in the LBI real estate market. This can help you avoid a costly mistake! For more information about Active Listings in the Long Beach Island Real Estate Market 2013-2018 or about buying a home in the LBI real estate market please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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