LBI Real Estate Market Report September 2024

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September Market Update

August Statistics

vs. (August 2021-2023 Avg.)

🏠 New Listings: 57 (65) -12%

🗝️ Properties Sold: 24 (27) +36%

💵 Avg. Sale Price $2.175 ($1.9) +14%

💰 Med. Sale Price $2.030 ($1.86) +19%

⌛ Med. Days to Sale 35 (35)

🤝 Sale to Original 96.1.% (97.9%) -1.8%

vs. (Trailing 12 Month Avg.)

🏠 New Listings: 57 (41) +38%

🗝️ Properties Sold: 24 (28) -15%

💵 Avg. Sale Price $2.175 ($2.010) +8%

💰 Med. Sale Price $2.030 ($1.80) +12%

⌛ Med. Days to Sale 35 (42) -7 days

🤝 Sale to Original 96.1.% (94.2%) +1.8%

Current Inventory

Total Listings: 145

Single-Family: 119

Condos/Townhomes: 18

Multi-Family: 8

💵 Average List Price $2,815,000

💰 Median List Price $2,250,000

 Median Days on Market 54

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