Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 5th 2023
Long Beach Island Real Estate Sales Market Update Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 5th 2023
The LBI real estate has seen a rather typical amount of activity so far in January 2023. Inventory continues to remain a challenge and is near historic lows. So long as this trend perpetuates, it is difficult to see any meaningful drop in prices.
- 0 new listings came up for sale in the LBI real estate market
- 0 homes went under contract on LBI
- 2 homes sold on Long Beach Island
- 2 homes 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 Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 5th 2023
Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.
Last Change Type | MLS # | Address | City | Current Price |
Price Decrease | NJOC2014678 | 83 W Tebco #D | Long Beach Township | $2,049,000 |
Price Decrease | NJOC2014674 | 83 W Tebco #C | Long Beach Township | $2,049,000 |
Closed | NJOC2013018 | 1905 Bay | Long Beach Township | $1,250,000 |
Closed | NJOC2014086 | 1220 Central Ave | Ship Bottom | $980,000 |
Withdrawn | NJOC2012412 | 505 Dock Rd #EAST SIDE | Beach Haven | $2,500 |
January and February tend to be strong months for listings on Long Beach Island. Buyers in the LBI real estate market need more inventory and if we do see the expected uptick in new listings, it is fair to assume these listings will be picked up quickly. Buyers are in the market and eager to purchase a home for Sumer 2023. A well priced home is likely to sell and sell quickly! 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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