LBI Real Estate Market Report December 2024

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December Market Update

November Summary 

 

November Statistics

vs. (November 2021-2023 Avg.)

🏠 New Listings: 31 (41) -24%

🗝️ Properties Sold: 35 (33) +7%

💵 Avg. Sale Price $1.750 ($1.680) +4%

💰 Med. Sale Price $1.700 ($1.530) +11%

⌛ Med. Days to Sale 26 (25) +1 day 

🤝 Sale to Original 96.2% (95.8%) +.4%

vs. (Trailing 12 Month Avg.)

🏠 New Listings: 31 (30) +3%

🗝️ Properties Sold: 35 (43) -19%

💵 Avg. Sale Price $1.750 ($2.070) -15%

💰 Med. Sale Price $1.700 ($1.840) -7% 

⌛ Med. Days to Sale 26 (42) -16 days 

🤝 Sale to Original 96.2% (94.7%) +1.5%

Current Inventory

Total Listings: 128

Single-Family: 101

Condos/Townhomes: 18

Multi-Family: 9

💵 Average List Price $2,820,000

💰 Median List Price $2,340,000

 Median Days on Market 78

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