High Bar Harbor YTD Real Estate Market Update
- High Tides Digital Marketing
- Oct 21, 2019
- 2 min read
High Bar Harbor and the LBI NJ Real Estate Market Report YTD 2019
High Bar Harbor and Long Beach Island Real Estate
High Bar Harbor, an island off of Barnegat Light but part of Long Beach Township on Long Beach Island, saw an increase in activity so far in 2019. Like the rest of the LBI real estate market, High Bar Harbor saw more in the way of closed transactions and a higher average price.
High Bar Harbor NJ Real Estate YTD 2019 Market Report
Below is a breakdown of all single family home sales in the High Bar Harbor real estate market on Long Beach Island:
. | Previous List Price | Current Price | DOM | CDOM | Sold Price/Orig Price |
Min | $499,000 | $789,000 | $563,400 | 11 | 11 |
Max | $1,295,000 | $1,099,000 | $1,245,000 | 356 | 656 |
Avg | $939,429 | $926,500 | $832,271 | 138 | 264 |
Median | $929,000 | $909,000 | $825,000 | 116 | 213 |
Compared to a year ago the average sales price was higher by about $100,000. There was one more transaction (a total of 7) so far in 2019 with 6 transactions closing for the same period in 2018. Overall it has been a good year in the High Bar Harbor real estate market.
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. High Bar Harbor was no exception and helped to contribute to the vibrancy of the Long Beach Island real estate sales market. 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
