Long Beach Island New Jersey Real Estate Market Single-Family Bayside Sales Year to Date 2021
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Market Single-Family Bayside Sales Year to Date 2021 
LBI Real Estate Market Single-Family Bayside Sales Year to Date 2021 
LBI Real Estate Market Single-Family Bayside Sales Year to Date 2021
Long Beach Island Real Estate
While locations like oceanside and oceanfront tend to catch a lot of attention in the LBI real estate market, the bayside sales market can actually be one of the most stable facets of the market. The bayside and bayblock tend to less dramatic movement with prices rising overtime, but at a slower rate. They also tend to see less of a drop in prices when the markets go down. Looking at LBI Real Estate Market Single-Family Bayside Sales Year to Date 2021, we can see that the number of homes has been in a steady state of decline while prices have remained more or less unchanged since the beginning of 2021.
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
LBI Real Estate Market Single-Family Bayside Sales Year to Date 2021
Below is a chart showing all single-family bayside home sales since the beginning of 2021. As we are late in July at the time of my writing this article, it is unlikely that there will be any significant change in the date for this month.
| Month | Active Listings, Number of | Sale Price, Average |
| Jan | 86 | $1,199,931 |
| Feb | 88 | $983,288 |
| Mar | 76 | $1,198,323 |
| Apr | 71 | $968,250 |
| May | 60 | $1,066,870 |
| Jun | 49 | $1,303,333 |
| Jul | 40 | $1,095,846 |
As you can see, the number of homes for sale on the bayside has been falling, but the price has remained rather constant. There have been months with higher sales prices and some with lower prices, but on the whole, the average price of a bayside home has seen little change in 2021. This highlights how the bayside market tends to remain a little more constant with slower appreciation and slower depreciation.
Long Beach Island New Jersey Real Estate Market Single-Family Bayside Sales Year to Date 2021
We are starting to see an improvement in the number of homes for sale on Long Beach Island. I expect this trend to continue into the fall of 2021. Al indicators continue to show that we are not in a bubble, but prices will most likely soften somewhat if we see a significant increase in the number of homes for sale. 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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