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the LBI real estate marketplace since 1983

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See below for the latest Quarterly and Yearly market data on an Long Beach Island Investment

If you would like to see 'Weekly' or Monthly' visit 'This Week on LBI'

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Winter 2012 Issue of our MarkeTrends Newsletter

Featuring: Our 'Crystal Ball' Forecast, Rental Market Update and more!

If you would like to receive a FREE copy of our E-Newsletter, please email us at:

SandDollaronLBI@att.net with your request.

Below you will find additional market data about the LBI real estate marketplace.

Chart One: Comparison Chart of Quarter to Quarter and Year to Date
Chart Two: Cyclical Look at LBI prices
MarkeTrends Newsletter - Quarterly publication of current trends and future trends in both sales and rental market

Comparison and Activity Report

Historical Data from 2004 through 2012 (1Q) (single family only)

YEAR	Total Units Sold	Ave. Sales Price	Days on Market
2004	540	$929,771	119
2005	451	$1,129,906	118
2006	291	$1,156,435	126
2007	385	$1,077,626	154
2008	298	$1,090,744	153
2009	285	$934,629	178
2010	297	$1,020,659	180
2011	301	$951,498	194
2012 (4/9/12)	91	$917,384	191

As of 4/9/12, the single family market is 23% ahead of last year for the same time period in number of single family homes sold. Inventory is at 514, which is about the same. The Average Sales Price is 3% higher than the same time period of one year ago. Sales are significantly up, inventory remains the same, prices are slowly rising. Pending sales are also up considerably. So the first and second quarter should show a definite upswing in our LBI market.

Note: the large number of properties sold in 2009 in the $500,000 to $750,000 range. Over 69% of the sales were under $1M. 2010 shows a rebound on price, slight but at least an upward trend. This became obvious around May 2010 and has continued to the end of the year. Inventory drops a bit as sales activity increases.

2011: Over 71% of sales were under $1M, 33% were between $500,000 to $750,00 and 1% were under $500,000.

Inventory Levels (single & condo) on:

09/06 12/06 03/07 06/07 01/08 07/08 12/08 7/09 1/10 5/10 1/11 1/12

838 779 629 578 514 531 588 581 533 600 513 512

Cyclical Look at LBI Prices and Unit Sales

(SINGLE FAMILY ONLY)

Comparison Data from 2005 through 2007

(all data below are based on the single family and condominium section of our market)

YEAR	Units Pending	Total Units Sold	% Chg.	Avg. Sales Price	% Chg.	Median Sales Price	% Chg.	New Listings YTD	% Chg.	Avg. DOM	Sold % of List Price
May 9 2005	N/A	199		$1,025,807	-	$825,000	-	426	-	117	95%
May 9 2006	72	120	�40%	$1,090,453	�6.3	$905,000	�9.7	504	�18.3	118	96%
Sep 30 2005	N/A	343		$1,122,199	-	$879,000	-	767	-	113	95%
Sept 30 2006	62	208	�40%	$1,132,771	�.94	$902,500	�2.6	804	�4.8	127	94%
Dec 31 2005	N/A	554		$1,029,289	-	$840,000	-	1207	-	119	95%
Dec 31 2006	48	347	�37%	$1,068,438	�3.8	$850,000	�1.2	1284*	�6.3	153	94%
March 31 2006	N/A	81		$1,132,397	-	$975,000	-	363	-	96	94%
March 31 2007	94	93	�14%	$1,142,340	�1	$975,000	0	365	�.05	179	92%
June 13 2006	N/A	175		$1,127,442		$905,000		656		123	93%
June 13 2007	52	231	�32%	1,022,076	�9.3	865,000	�4.4	542	�17.3	149	93%
Dec 31 2006	48	347		$1,068,438		$850,000		1284		153	94%
Dec 31 2007	45	456	�32%	$975,701	�8.7	795,350	�6.4	1034	�24	158	93%
Dec 6 2008	31	340	�25%	$994,929	�1.9	799,000	�.45	949	�9	181	92.5%

YEAR	Total Units Sold	Total Sales Volume	Average Sales Price	New Listings	Average Days on Market
2002	751	$443,351,386	$644,929	1040	107
2003	654	497,440,039	811,089	1163	108
2004	748	638,562,472	929,760	1261	111

YEAR	Total Units Sold	Total Sales Volume	Average Sales Price	New Listings	Average Days on Market
2002	751	$443,351,386	$644,929	1040	107
2003	654	497,440,039	811,089	1163	108
2004	748	638,562,472	929,760	1261	111