LBI Real Estate Daily Market Update December 6th 2022

High Tides Digital Marketing
Dec 6, 2022
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 6th 2022

Long Beach Island Real Estate Sales Market Update December 6th 2022

There were only 2 changes to the LBI real estate market today, which while slow, is not uncommon for this time of year. The holiday season traditionally is a slower time in the Long Beach Island real estate sales market, although with inventory being so low, this year may prove to be an exception for sellers.

0 new listings came up for sale in the LBI real estate market
1 home went under contract on LBI
1 home sold on Long Beach Island
0 homes saw a price reduction in the LBI real estate market

LBI Real Estate Daily Market Update December 6th 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
Active Under Contract	NJOC2013876	222 N 19th St	Surf City	$1,895,000
Closed	NJOC2014042	15 W 8th St	Barnegat Light	$945,000

While there were only 2 changes today in the LBI real estate market, the trend we have been seeing over the past several weeks continued. Inventory levels continue to fall and if that keeps up, prices and competition are likely to remain high.If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.