Barnegat Light NJ Real Estate YTD 2019 Market Report

Barnegat Light NJ Real Estate YTD 2019 Market Report

Barnegat Light and the LBI NJ Real Estate Market Report YTD 2019

Barnegat Light and Long Beach Island Real Estate

Barnegat Light, the northernmost town on Long Beach Island, has seen steady activity so far in 2019. Like the rest of the LBI real estate market, Barnegat Light saw about the same amount of activity in a year over year comparison with a higher average price point.

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

Barnegat Light NJ Real Estate YTD 2019 Market Report

Below is a breakdown of all single family home sales in the Barnegat Light real estate market on Long Beach Island:

Original List PricePrevious List PriceCurrent PriceDOMCDOMSold Price/Orig Price
Min$499,000 $537,000 $490,000 88
Max$2,199,000 $1,985,000 $2,000,000 389551
Avg$997,591 $1,071,000 $923,665 127170
Median$834,000 $945,500 $792,565 118133
Sum$21,947,000 $10,710,000 $20,320,630

Compared to a year ago the average price was higher ($1,071,000 vs $889,000 in 2018). Homes also spent far less time on the market, about 50 days, in 2019. Overall it has been a good year in the Barnegat Light real estate market.

Long Beach Island Real Estate Market

So far the Long Beach Island real estate market has had a good year. About the same number of single family homes have sold in 2019 compared to 2018 but the average price is about $100,000 higher. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.

By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

You May Also Like:

LBI Real Estate Selling Advice

LBI Real Estate Misconceptions

Tips For Buying LBI Real Estate

LBI Real Estate Attorney Information

Buying a New Home in the Long Beach Island Real Estate Market

LBI Real Estate Sales Contract

Five Steps to Buying a Home in the Long Beach Island Real Estate Market

Understanding Condominium Common Repairs in the Long Beach Island New Jersey Real Estate Market

How to Make a Competitive Offer in the LBI Real Estate Market