Long Beach Township Real Estate November 2016 Sales
Southern Ocean County Real Estate
Long Beach Township real estate November 2016 sales and the LBI real estate market in general had a positive showing of market activity. Throughout the Southern Ocean County real estate market, home sales have been improving and Long Beach Township real estate was no exception. Despite concerns about flood insurance, buyers, armed with a better understanding of the market and flood risks, buyers have been investing in the area at an unprecedented rate.
Long Beach Township Real Estate November 2016 Sales
Sales of single-family homes in Long Beach Township real estate market in November 2016 are as follows:
- There were 18 closed transactions
- The median sale price was $957,500 for single-family home
- Homes spent an average of 171 days on the market
Year to date study of Long Beach Township real estate market activity shows as an improvement in nearly all areas of the real estate market. Compared to 2015 there were 229 closed transactions here today compared to 196 and 2015. The median sale price was significantly higher $930,000 in 2016 compared to $863,750 in 2015. Homes also spent less time cumulatively on the market with an average of 150 days in 2016. For more information about Long Beach Township real estate November 2016 sales or the Southern Ocean County real estate market in general, please do not hesitate to contact me.
Ocean Sales Team
Farrah Pileggi Sales Agent: 201-952-4131
Kim Pileggi Transaction Processor | Nathan Colmer Marketing Agent
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