LBI Real Estate Market Report July 2024

You are currently viewing LBI Real Estate Market Report July 2024

July Market Update

June Statistics

vs. (June 2021-2023 Avg.)

🏠 New Listings: 42 (60) -30%

πŸ—οΈ Properties Sold: 26 (52) -50%

πŸ’΅ Avg. Sale Price $2.040 ($1.700) +19%

πŸ’° Med. Sale Price $1.820 ($1.580) +15%

βŒ› Median Days to Sale 46 (45) +1 days

🀝 Sale to Original 95% (98%) -3%

vs. (Trailing 12 Month Avg.)

🏠 New Listings: 42 (41) +2%

πŸ—οΈ Properties Sold: 26 (29) -9%

πŸ’΅ Avg. Sale Price $2.040 ($2.020) +1%

πŸ’° Med. Sale Price $1.820 ($1.790) +2%

βŒ› Median Days to Sale 46 (43) +3 days

🀝 Sale to Original 95% (94.4%) +.6%

Current Inventory

Total Listings: 121

Single-Family: 101

Condos/Townhomes: 13

Multi-Family: 7

Β 

πŸ’΅Β Average List Price $2,950,000

πŸ’°Β Median List Price $2,450,000

βŒ›Β Median Days on Market 72

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