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Nathan Colmer's Blog

By Nathan Colmer | Agent in 08008

February Sales on Long Beach Island

The month of February saw some interesting activity in the LBI real estate market on Long Beach Island. There were roughly the same number of properties sold in February as January, but the average sale price was lower in February than in January. February sales are broken down below:
Single Family Homes
12 Sold
Average Price: $880,791
Average Percentage of Listing Price: 92.9%
Average Days on Market:178
2 Sold
Average Price: $545,000
Percentage of Listing Price: 93%
Average Days on Market: 143
Multi Family Homes (Duplexes)
None sold in January 2013
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