LBI Real Estate Market Report January 2025

You are currently viewing LBI Real Estate Market Report January 2025

Photo credit Eileen Hessel 4901 S Long Beach Blvd. See listing here

December Statistics

vs. (December 2021-2024 Avg.)

🏠 New Listings: 19 (19) =

🗝️ Properties Sold: 40 (30) +33%

💵 Avg. Sale Price $2.050 ($1.750) +17%

💰 Med. Sale Price $1.730 ($1.560) +11%

⌛ Med. Days to Sale 40 (38) +2 days 

🤝 Sale to Original 93.9% (94.9%) -1%

vs. (Trailing 12 Month Avg.)

🏠 New Listings: 19 (44) -57%

🗝️ Properties Sold: 40 (30) +33%

💵 Avg. Sale Price $2.050 ($2.070) -1%

💰 Med. Sale Price $1.730 ($1.850) -6% 

⌛ Med. Days to Sale 40 (43) -3 days 

🤝 Sale to Original 93.9% (94.8%) -.9%

Current Inventory

Total Listings: 115

Single-Family: 94

Condos/Townhomes: 16

Multi-Family: 5

💵 Average List Price $2,880,000

💰 Median List Price $2,600,000

 Median Days on Market 97

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