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Laura Dunlap, Realtor®
217 North Bay Avenue
Beach Haven, NJ 08008
Cell: (609) 290-76860
Fax: (609) 492-2708
Email Laura

LBI Real Estate Market Report

2014 Market Update
1st Quarter Stats

  

 Average Sales Price

 Year

January # sold properties

February # sold properties

March # sold
properties

Total #
Properties Sold

 

All Res.

S.F.

All Res.

S.F

All Res.

S.F.

All Res.

S.F.

2013

32

27

16

16

19

15

67

58

2014

30

26

25

24

37

32

92

82

% change

 -6%

 -4%

+56%

 +50%

 +95%

 +113%

 +37%

 +41%

ACTIVE LISTINGS

All Residential

Single Family

1st Quarter  2013 Avg. Sales $

 $812,303

$837,562

1st Quarter 2014 Avg. Sales  $

 $811,730

 $827,423

% Change

  -.07%

   -1%

Current # of active listings for all residential properties as of April 2014

  621

Current # of active listings for all single family properties as of April 2014

  571

Month’s Supply of Properties for Sale

 

Total # New Listings

Total # Pending Sales

1st Quarter 2013

 245

  75

1st Quarter 2014

 371

 119

% Change

  +51%

  +59%

Month’s Supply of Properties for Sale

Months supply of all residential properties as of April 2014

 20.25

Months supply of single family properties as of April 2014

 21