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November Sales on Long Beach Island NJ
Even with Hurricane Sandy having struck Long Beach Island, there were still 8 closings in the LBI real estate market!
Single Family: 5 Sold
Average Price: $715,000
Percentage of Listing Price: 94.8%
Days on Market: 301
Condominiums: 2 Sold
Average Price: $185,000
Percentage of Listing Price: 93%
Days on Market: 178
Multi Family Homes: 1
Percentage of Listing Price: 94.6%
Days on Market: 173
It is important to keep in mind that these numbers are not necessarily an indication of where the LBI real estate market is moving. It is still far to soon to give any proper evaluation of the market at this time. Rather, it should be seen as a sign of encouragement that even with Hurricane Sandy the LBI real estate market still had activity in the month of November!
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For Sale: $220,000
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For Sale: $1,399,000