LBI Real Estate Market Report August 2024

You are currently viewing LBI Real Estate Market Report August 2024

August Market Update

July Statistics

vs. (July 2021-2023 Avg.)

๐Ÿ  New Listings: 55 (40) +36%

๐Ÿ—๏ธ Properties Sold: 36 (26) +36%

๐Ÿ’ต Avg. Sale Price $2.020 ($1.780) +14%

๐Ÿ’ฐ Med. Sale Price $1.875 ($1.640) +14%

โŒ› Med. Days to Sale 35 (23) +12 days

๐Ÿค Sale to Original 93.4% (97.8%) -4.3%

vs. (Trailing 12 Month Avg.)

๐Ÿ ย New Listings: 55 (42) +32%

๐Ÿ—๏ธ Properties Sold: 36 (28)ย +27%

๐Ÿ’ต Avg. Sale Price $2.020 ($2.010) +1%

๐Ÿ’ฐ Med. Sale Price $1.875 ($1.810) +4%

โŒ› Median Days to Sale 35 (44) -9ย days

๐Ÿค Sale to Original 93.4% (94.2%) -.8%

Current Inventory

Total Listings: 106

Single-Family: 108

Condos/Townhomes: 8

Multi-Family: 11

๐Ÿ’ตย Average List Price $2,850,000

๐Ÿ’ฐย Median List Price $2,350,000

โŒ›ย Median Days on Market 63

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