LBI Real Estate Daily Market Update December 3rd 2022
- High Tides Digital Marketing
- Dec 3, 2022
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 3rd 2022
Long Beach Island Real Estate Sales Market Update December 3rd 2022
It was a very quiet day in the LBI real estate market today. This is not uncommon on the weekend, though. Typically a lot of activity takes place during the week rather than on Saturday or Sunday.
0 new listings came up for sale in the LBI real estate market
0 homes went under contract on LBI
0 homes sold on Long Beach Island
1 home saw a price reduction in the LBI real estate market
LBI Real Estate Daily Market Update December 3rd 2022
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 – Decimal |
Price Decrease | NJOC2012954 | 9 Lange Ave | Harvey Cedars | $2,299,000 |
Withdrawn | NJOC2013686 | 111 E Dune Ln | Long Beach Township | $6,000 |
Canceled | NJOC2013216 | 7 W Cumberland Ave | Harvey Cedars | $2,495,000 |
Once again (for the third day in a row), no new listings came on the market. Two listings did leave the market which only worsens the already low inventory levels in the LBI real estate market. That said, the holiday season is typically a slower season for new listings anyway, and I expect we will see the level of homes for sale on Long Beach Island increase after the new year. 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
