LBI Real Estate Daily Market Update December 3rd 2022

LBI Real Estate Daily Market Update December 3rd 2022

Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 3rd 2022

Long Beach Island Real Estate Sales Market Update December 3rd 2022

It was a very quiet day in the LBI real estate market today. This is not uncommon on the weekend, though. Typically a lot of activity takes place during the week rather than on Saturday or Sunday.

  • 0 new listings came up for sale in the LBI real estate market
  • 0 homes went under contract on LBI
  • 0 homes sold on Long Beach Island
  • 1 home saw a price reduction in the LBI real estate market

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


LBI Real Estate Daily Market Update December 3rd 2022

Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.

Last Change TypeMLS #AddressCityCurrent Price – Decimal
Price DecreaseNJOC20129549 Lange AveHarvey Cedars$2,299,000
WithdrawnNJOC2013686111 E Dune LnLong Beach Township$6,000
CanceledNJOC20132167 W Cumberland AveHarvey Cedars$2,495,000

Once again (for the third day in a row), no new listings came on the market. Two listings did leave the market which only worsens the already low inventory levels in the LBI real estate market. That said, the holiday season is typically a slower season for new listings anyway, and I expect we will see the level of homes for sale on Long Beach Island increase after the new year. 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.

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