Long Beach Island Real Estate Listing and Sales Price Ratios
Negotiation Rates in the Long Beach Island Real Estate Market June 2019 
Negotiation Rates in the Long Beach Island Real Estate Market June 2019 
Negotiation Rates in the Long Beach Island Real Estate Market June 2019
Long Beach Island Real Estate Market
When looking to buy, sell or invest in the Long Beach Island real estate market knowing how much a seller is willing to negotiate can give great insight into the market as a whole. Today we are looking at the average list and sales price ratio for each month year to date as well as the average sales price of a single family home in the Long Beach Island real estate market. Looking at this data compared to 2018 shows some interesting trends.
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
Negotiation Rates in the Long Beach Island Real Estate Market June 2019
Below are two charts showing the average sales price and the average rate of negotiation for a single family home in the Long Beach Island real estate market:
January – June 2019
| Month | Close Price to List Price Ratio | Sale Price, Average |
| Jan | 95.50% | $1,186,615 |
| Feb | 95.60% | $1,114,430 |
| Mar | 96.50% | $1,416,639 |
| Apr | 95.80% | $1,088,578 |
| May | 94.90% | $1,050,454 |
| Jun | 95.90% | $1,153,860 |
January – June 2018
| Month | Close Price to List Price Ratio | Sale Price, Average |
| Jan | 93.80% | $1,291,055 |
| Feb | 95.60% | $1,135,024 |
| Mar | 95.30% | $1,091,200 |
| Apr | 96.20% | $1,040,938 |
| May | 95.80% | $1,059,281 |
| Jun | 96.40% | $1,029,864 |
The charts below show only minor changes in the market. The average rate of negotiation is only slightly less in 2019 compared to 2018 (95.7 and 95.2 respectively). The average sales price is slightly higher in this same year over year comparison however. In 2019 so far the average price is $1,168,429 and in 2019 it was $1,107,894. Overall this shows a large degree of stability in the LBI real estate market. Activity and prices are both proving to be strong demonstrating a high degree of confidence in the LBI real estate market.
Buying and Selling in the Long Beach Island Real Estate Market
Buying or selling a home is a major investment on Long Beach Island. Looking at the trends above coupled with slightly higher inventory levels it seems reasonable to assume that the market will remain strong (barring any major external factors like economic crashes, war, hurricanes, etc). While the rate of appreciation seems to have slowed somewhat, the Long Beach Island real estate market as a whole is doing very well. 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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