LBI Real Estate Seller’s Market Pricing Spring 2023

LBI Real Estate Seller's Market Pricing Spring 2023

How to Price Your Long Beach Island Home For Sale

Long Beach Island Real Estate

As we move into the Spring market on Long Beach Island, inventory remains very low. Buyer demand is still high despite several challenges facing buyers, so we are still in a seller’s market. While it is true that the near reckless buyer behavior of the COVID market has passed, conditions still favor sellers in the Long Beach Island real estate market. You can take advantage of the current climate by pricing your home correctly.

By : Nathan Colmer | 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

LBI Real Estate Seller’s Market Pricing Spring 2023

While many steps go into selling a home in the LBI real estate market, above all else, pricing matters the most. A home that is not priced correctly will sit on the market no matter how much advertising and promotion takes place. The challange is that no two homes are alike, so it is imperative that you understand what creates value in the Long Beach Island real estate market.

When pricing a home in the current market, now more than ever, it pays off to price right at the current value or just under. If you price too low, you will attract buyers who cannot afford the home’s true value. If you price too high, which is a common mistake, the home will sit on the market. Furthermore, the data tells us an overpriced home will ultimately sell for less money. In the current climate of high buyer demand and low inventory, pricing a home to attract the most serious attention should result in multiple offers and a home that will sell quickly for top dollar.

How to Price Your Long Beach Island Home For Sale

The spring market on Long Beach Island offers a lot of opportunities for sellers. There are currently only around 120 homes for sale, and it is a safe bet that a number of those are actually under contract. In reality, there are only around 100 unencumbered homes for sale in the LBI real estate market right now. The worst mistake right now is to overprice your home. Price it right, and you will not be disappointed with the results! A home that is priced correctly will attract a lot of attention and will sell quickly so the buyer can take advantage of the Summer 2023 season on Long Beach Island. For more information about Long Beach Island or about 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

More LBI Real Estate Information:

Spring 2023 Seller’s Market on LBI

LBI Real Estate Active Listing and Sold Homes April 2023

Why Selling a Home in the LBI Real Estate Market Makes Sense Right Now

LBI Real Estate Mortgage Rates and Buyer Patterns