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Nathan Colmer's Blog

By Nathan Colmer | Agent in 08008

January Sales on Long Beach Island NJ 08008

The month of January saw some interesting activity in the LBI real estate market on Long Beach Island. There were far fewer closings in January (11 total) but there was substantial activity which has led to a total of 51 homes and counting going into pending! The sales breakdown is as follows:
Single Family Homes
10 Sold
Average Price: $1,167,200
Average Percentage of Listing Price: 93.3%
Average Days on Market:190
Condominiums
1 Sold
Price: $685,000
Percentage of Listing Price: 98%
Average Days on Market:261
Multi Family Homes (Duplexes)
None sold in January 2013

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