LBI Real Estate Weekly Sales Update 0501202205082022

Dated: May 9 2022

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LBI Real Estate Weekly Sales Update 05/01/2022-05/08/2022

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 05/01/2022-05/08/2022: Happy Mother’s Day to all the wonderful moms out there! For the second week in a row, there were about 60 changes to the real estate market on Long Beach Island. This is a noticeable uptick from the roughly 30-40 changes we have been seeing in the past several months. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 17 new listings entered the market with an average price of $1,935,353

  • 22 listings went under contract with an average listing price of about $1,637,750

  • 11 properties sold on Long Beach Island with an average price of $1,543,909

  • 5 listings saw price reductions in the LBI real estate market

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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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