Ship Bottom and the LBI NJ Real Estate Market Report YTD 2019
Surf City NJ Real Estate YTD 2019 Market Report 
Surf City NJ Real Estate YTD 2019 Market Report 
Surf City NJ Real Estate YTD 2019 Market Report
Ship Bottom and Long Beach Island Real Estate
Ship Bottom,The entryway to Long Beach Island, saw a massive increase in activity. While the price did increase a little like we have seen elsewhere in the LBI real estate market ,the far higher number of sales is a standout in Ship Bottom.
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
Ship Bottom NJ Real Estate YTD 2019 Market Report
Below is a breakdown of all single family home sales in the Ship Bottom NJ real estate market on Long Beach Island:
| . | Original List Price | Previous List Price | Current Price | DOM |
| Min | $275,000 | $275,000 | $256,900 | 0 |
| Max | $3,595,000 | $1,795,000 | $3,550,000 | 607 |
| Avg | $828,089 | $661,082 | $769,727 | 105 |
| Median | $679,000 | $649,500 | $655,000 | 68 |
| Sum | $62,106,696 | $18,510,298 | $57,729,550 | 0 |
Year to date there have been 75 closed transactions in Ship Bottom. Compared to the same time period in 2018 there were only 49 sales. This is clearly a large increase! The average price increased as well from $742,000 in 2018 to $769,000 in 2019.
Long Beach Island Real Estate Market
So far the Long Beach Island real estate market has had a good year. About the same number of single family homes have sold in 2019 compared to 2018 but the average price is about $100,000 higher. It is surprising to see such a large increase in activity. While no two years are the same, the number of sales are usually in line with one another year to year. This trend shows the popularity and affordability of Ship Bottom! 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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