Single-family Oceanside Home Sales in the Long Beach Island New Jersey Real Estate Market
Single-family Oceanside Home Sales in the Long Beach Island New Jersey Real Estate Market
LBI NJ Real Estate
Single-family oceanside home sales in the Long Beach Island New Jersey real estate market can be one of the most active areas of the LBI real estate market. The oceanside locations, placed between Long Beach Blvd. and either Beach Avenue or Ocean Boulevard, offer the convenience of a short walk to the beach without the higher price point of their ocean block and oceanfront counterparts. There were a wide range of homes sold over the past six months and single-family oceanside home sales in the Long Beach Island real estate market helped to contribute to the positive momentum we have been experiencing throughout the LBI real estate market.
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Single-family Oceanside Home Sales in the Long Beach Island New Jersey Real Estate Market
Over the past six months, sales of single-family oceanside homes on Long Beach Island are broken down as follows:
- There were a total of 42 closed transactions.
- The average price of a single-family home was $895,274.
- The average price per square foot of a single-family oceanside home on LBI was $478.65.
- On average, homes spent 173 days on the market.
- Single-family homes ranged in price from $290,000-$3,100,000.
The least expensive home to sell was a tear down in Ship Bottom on an undersized lot. The most expensive home to sell was a brand-new construction in North Beach. This wide range of price points shows the options available to buyers in the Long Beach Island real estate market, and also helps to demonstrate why there has been so much activity in recent months.
For more information about single-family home sales in the Long Beach Island New Jersey 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
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