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Nathan Colmer's Blog

By Nathan Colmer | Agent in 08008

December 2012 Sales on Long Beach Island NJ 08008

Even with Superstorm Sandy, a total of 42 units sold on Long Beach Island in December 2012! The sales breakdown is as follows:
Single Family Homes
33 Sold
Average Price: $1,103,912
Average Percentage of Listing Price: 92%
Average Days on Market:180
Condominiums 
4 Sold
Average Price: $450,000
Average Percentage of Listing Price: 93.8%
Average Days on Market:261
Multi Family Homes (Duplexes)
5 Sold
Average Price: $746,000
Average Percentage of Listing Price: 93%
Average Days on Market:250
It is remarkable to see that the sales levels have returned to, or in some cases exceeded, both the number of homes sold and the average listing price for many months prior to Hurricane Sandy.

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