LBI NJ Real Estate Sales Volume
Long Beach Island 
Long Beach Island (LBI) Real Estate Sales Volume 
LBI Real Estate
Long Beach Island Real Estate
When looking to buy, sell or invest in the LBI real estate market understanding how past trends can impact the current and future market is key. To this end, looking at the total sales volume of ALL homes and property types on Long Beach Island can help to provide some insight into the current and future market. While there are some signs that the market is slowing down, there are also signs that point to the market remaining stable. Long Beach Island (LBI) Real Estate Sales Volume helps to provide some guidance into the trends we see developing at this time.
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
Long Beach Island (LBI) Real Estate Sales Volume
In the chart below I have broken down the total sales volume for all homes, land, condos, commercial properties, etc in the Long Beach Island real estate market. I have also included the total number of sales as a reference point.
| Primary Year | Sales, $ Volume | Sales, Number of |
| 2009 | $332,683,265 | 393 |
| 2010 | $367,371,891 | 402 |
| 2011 | $345,295,264 | 421 |
| 2012 | $407,701,464 | 487 |
| 2013 | $332,967,074 | 411 |
| 2014 | $454,612,914 | 540 |
| 2015 | $505,702,045 | 555 |
| 2016 | $554,189,079 | 621 |
| 2017 | $722,272,213 | 743 |
| 2018 | $680,452,745 | 666 |
| 2019 | $48,261,557 | 53 |
A few patterns jump out when looking at the above chart. 2017 looks to have been a high point in the market. Since that time the number of sales and the overall sales volume have fallen. While it is far to early in 2019 to make any reliable calls, it is worth mentioning that the number of pending sales is lower in a year over year comparison to 2018. Some of this is explained by the very low inventory levels we have been seeing but February saw a notable uptick in new listings. As the next few months progress it will be interesting to see if more inventory leads to more sales.
Buying, Selling and Investing in the Long Beach Island Real Estate Market
Any market movement depends on timing. While there is not enough data to determine where the LBI real estate market is heading, there are clear signs that things have cooled off since 2017. This is a normal and healthy thing and overall the real estate market on Long Beach Island is very strong. Buyer confidence is high and things are moving. That said, anyone looking to make a move in the market should evaluate all the options and see what makes the most sense. I can help you determine how your specific property fits in the market and how the market may react both now and in the future. For more information about Long Beach Island (LBI) Real Estate Sales Volume or about Buying, Selling and Investing in the Long Beach Island Real Estate Market please do not hesitate to contact me.
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
More LBI Real Estate Information:
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Home Inspection Negotiation in the LBI Real Estate Market
How to Stay Qualified When Shopping for a Home in the LBI Real Estate Market
Active Listings in the LBI Real Estate Market