LBI Real Estate Sales Market Update June 15th 2019

LBI Real Estate Sales Market Update June 15th 2019



 

 

Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 15th 2019

Long Beach Island Real Estate

LBI NJ Real Estate Sales Market Update June 15th. Overall activity in the Long Beach Island real estate market was strong with changes taking place in all different areas of the market . There were 3 new listings, 3 price reductions, 1 pending sale and 1 closing today. Below is a list of all activity in the LBI real estate market on Long Beach Island.

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 Sales Market Update June 15th 2019

TypeChg TypeStreet NumberStreet NameMunicipalityCurrent PriceSq Ft TotalDOM
SFNEW20217thShip Bottom$675,000 9360
SFNEW113DelawareLong Beach Twp$975,000 1,4520
SFNEW9805BeachLong Beach Twp$1,199,000 1,9120
CONDODOWN4LillieLong Beach Twp$434,000 816180
SFDOWN1107BarnegatSurf City$575,000 1,122123
LNDDOWN153 ELong BeachLong Beach Twp$3,500,000 037
SFP10319thLong Beach Twp$1,850,000 2,94542
SFW5406Long BeachHarvey Cedars$605,000 1,228225
SFC29South 1st StreetSurf City$999,999 2,00078
SFX20217thShip Bottom$700,000 936149
SFX20217thShip Bottom$720,000 93627

Yesterday we saw 12 price reductions and today only 3. This normalization of the market is common and healthy. While we do expect to see more price drops this time of year, too many could indicate trouble in the LBI real estate market. This does not seem to be the case as transactions are taking place in all areas of the Long Beach Island market. 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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