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LBI MARKETRENDS

LBI REAL ESTATE UPDATE

FALL 2021
Researched & Presented by : PAT SEPANAK , Broker / Owner
YEAR
LBI MARKETRENDS
Comparison all of LBI - Single Family , Jan - June
# Units Sold
Average Sales Price
Avg Days On Market
% List to Sales Price
2020 230 $ 1,086,865 132 95.7 % 2021 290 $ 1,521,875 57 100 %
Sales Market : The LBI market is showing some signs of cooling off just a touch . Inventory continues to increase , still not at normal levels . Buyer activity is still high ; however , as folks return to work and kids to school the strong desire for a 2nd home at the beach may be wavering some . Average Sales Prices continue to rise , but again not at the levels we were seeing 6 months ago . Our LBI Fall Market has begun in earnest and we still have plenty of activity , just not the frenzied pace we once had .
SELLERS : Curious as to your LBI home value , want to take advantage of this market , ask for our Online Market Evaluation ( see below ).

Check out : LBIrealestateNews . com

Search our Local MLS - Custom search module directly from our local MLS . Choose pre-defined popular searches to start and then create your own custom searches . Can use quick or advanced search modules or by map location . FreeLBIHomeSearch . com
Early Buyer ’ s Alert Program - We can make it even easier for you . Fill out a simple form on our website with your preferred buying parameters and be emailed detailed information about every new listing , price and status changes that match from our local Multiple Listing Service - the day they occur . A great way to ‘ find the finds ’ and find them first ! All information directly from our local MLS .
Online Market Evaluation - Answer a few questions about your LBI property on our website and you ’ ll be sent a report chock full of information about the current state of the LBI market and an in-depth analysis explaining your property ’ s price range of value , including detailed information about your competition . This is not a Zestimate ! A must for every homeowner to stay on top of their LBI investment .

~ FEATURED HOMES ~

Surf City Contemporary with Roof-Top Deck for Sunset Views The beachy vibe of this 4 bedroom , 2.5 bath home is evident throughout . Gas fireplace , multiple decks . Bay park and boat launch nearby . Asking $ 1,325,000
Harvey Cedars Oceanblock , 5th off the Beachfront , Walk to Town Includes 4 bedrooms , 3 1 / 2 bath home , a spacious Kitchen , hardwood floors , fenced yard , lovely landscaping , oversized garage , 2 large decks . Asking $ 1,599,000
CALL PAT 609-290-5360
CALL STEVE 609-290-1694
So Beach Haven , 2nd Floor Condo Short Walk to Beach & Town 3 bedrooms , 1 and 1 / 2 baths , eat in kitchen , vaulted ceiling in living room , tile floors , central air and electric heat . Picnic area in rear . Asking $ 699,000
CALL SAMANTHA AT 609-713-8964
Harvey Cedars Duplex on Oversized Lot in Ocean Block . 3 bedrooms , 1 1 / 2 baths each floor , 4th off the beach . Build your LBI beach house here or update this LBI classic for rental income . Asking $ 1,399,000
CALL STEVE AT 609-290-1694
Loveladies Oceanblock Home offers both Bay & Ocean views ! Great Room includes a spacious kitchen with both Island & Peninsula bars . 4 roomy bedrooms 2 1 / 2 baths and a spacious Family Room . Asking $ 2,199,000
CALL STEVE AT 609-290-1694
Ocean Acres Completely Remodeled Ranch on Oversized Lot Decorator touches throughout make this 3 bedroom , 2 full bath home a must see . Full basement to finish your way . New Furnace . Asking $ 365,000
CALL SAMANTHA AT 609-713-8964

SAND DOLLAR REAL ESTATE 217 N . Long Beach Boulevard , Surf City 08008 609-494-1130 • SandDollaronLBI @ att . net • LBIrealestateNews . com Serving LBI since 1983

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