LBI Real Estate Market Report October 2024

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October Market Update

September Statistics

vs. (September 2021-2023 Avg.)

🏠 New Listings: 66 (59) +11%

🗝️ Properties Sold: 36 (46) – 

💵 Avg. Sale Price $2.460 ($1.770) +39%

💰 Med. Sale Price $2.150 ($1.610) +33%

⌛ Med. Days to Sale 47 (23) +24 days

🤝 Sale to Original 94% (97.4%) -3.4%

vs. (Trailing 12 Month Avg.)

🏠 New Listings: 66 (43) +52%

🗝️ Properties Sold: 36 (28) +27%

💵 Avg. Sale Price $2.460 ($2.040) +21%

💰 Med. Sale Price $2.150 ($1.83) +18%

⌛ Med. Days to Sale 47 (43) +4 days

🤝 Sale to Original 94% (94.5%) -.5%

Current Inventory

Total Listings: 166

Single-Family: 129

Condos/Townhomes: 25

Multi-Family: 12

💵 Average List Price $2,710,000

💰 Median List Price $2,200,000

 Median Days on Market 45

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