LBI Real Estate Market Sales Update March 31st 2019
- High Tides Digital Marketing
- Mar 31, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for March 31st 2019
Long Beach Island Real Estate
LBI NJ Real Estate Market Update March 31st 2019 The last day of the first quarter saw steady activity in the Long Beach Island real estate market. There were 2 new listings, 0 price reductions, 2 pending sales and 1 closing today. Below is a list of all activity in the LBI real estate market on Long Beach Island.
LBI Real Estate Market Sales Update March 31st 2019
Type | Chg Type | Street Number | Street Name | Municipality | Current Price | Sq Ft Total | DOM |
CONDO | NEW | 109 | Atlantic | Beach Haven Borough | $480,000 | 736 | 1 |
SF | NEW | 20 | South 34th | Long Beach Twp | $1,285,000 | 3,521 | 0 |
SF | P | 18 | Long Beach | Long Beach Twp | $3,295,000 | 4,888 | 182 |
CONDO | P | 103 | Lillie | Long Beach Twp | $999,000 | 1,654 | 52 |
COM | W | 2702 | long beach boulevard | Long Beach Twp | $847,500 | 0 | 945 |
LND | C | 97-C | Long Beach Blvd | Long Beach Twp | $1,350,000 | 0 | 30 |
SF | X | 20 | South 34th | Long Beach Twp | $1,285,000 | 3,521 | 586 |
SF | X | 2 | Kentucky | Long Beach Twp | $899,900 | 2,656 | 187 |
Overall sales of single family homes on Long Beach Island have lagged behind 2018 by about 10%. That said it is only a recent development that we have seen higher inventory levels. That could help to correct the lower sales figures. Even if it does not, there were still 94 single family homes sold in the LBI real estate market which is historically a very high number. 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 | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
