Welcome! Here you can browse LBI market updates on quarterly sales in the LBI real estate market town by town. You can browse past years updates as well to gain perspective on the current market trends we see throughout the Long Beach Island New Jersey real estate market. These LBI market updates are essential to any transaction in the Long Beach Island real estate market.
Here you can browse updates third quarter sales in the LBI real estate market town by town in 2016. Overall, LBI third quarter 2016 sales were strong and the Long Beach Island real estate market was healthy.
Browse town by town sales during the second quarter of 2016 in the LBI real estate market. Overall the market activity was strong and sales were improved from the first quarter of the year.
First quarter sales in the Long Beach Island real estate market got off to a slow start, especially in the higher price points. Uncertainty in the financial markets seems to have slowed buyer activity but as the first quarter ended, market activity picked up and things look to be positive in 2016.
The real estate market on Long Beach Island had a very strong fourth quarter in 2015. Overall, sales were busy and buyers were active in the LBI real estate market. Interestingly, the average price was lower during the fourth quarter in 2015 when compared to 2014. However, for a single-family home in 2015, the number of homes sold was significantly higher. LBI real estate fourth quarter sales in 2015 ended the year on a positive note!
There were a wide variety of homes sold in the LBI real estate market during the third quarter of 2015. It is interesting to point out that many of the homes sold were new construction, and built on a speculative basis. These investments should generate a significant return, and are excellent examples of how money can be made when investing in a home in the Long Beach Island real estate market. Overall market activity was strong on Long Beach Island.
The real estate market on Long Beach Island was very active during the second quarter of 2015. Home sales and price varied from some of the lowest single family prices we have seen on Long Beach Island to some of the highest in recent months. Overall, the greater LBI real estate market and options available to buyers were strong and encouraging for a record setting 2015.
The LBI real estate market has been witnessing a period of strong growth and rising prices. Much of this has to do with the impact of Hurricane Sandy, and the overall improvements made to the area since Hurricane Sandy made landfall. New construction is taking place all over Long Beach Island and both investors and end user buyers have been taking advantage of the opportunities that present themselves in the current market.