Welcome to LBI!
Hello from the Beach!
Want to Know What’s Happening on LBI?
Sand Dollar Real Estate
Offers You the Latest LBI Market Statistics & Analysis
In today’s real estate climate, you need a resource that gives you the latest market stats and keeps you appraised of the latest issues affecting LBI. This type of information is paramount when making your decision to buy or sell. This website hosts the most comprehensive LBI sales statistics, past and future analysis as well as information on current topics that affect our local economy and real estate market.
NEW BLOG POST:
LBI Update #3 – October 2021
The LBI market appears to be taking a little bit of a breather from the hectic pace of the summer. Inventory levels are increasing from over the summer with currently 121 single family homes available for sale, even with 119 homes under contract. Average Sales Price show a modest gain to $1,571,460. Homes are selling on an average of 52 days on the market and continue to be near or over full price.
Part of the ‘slow down’ probably is due to people going back to work at the office and children going back to in school learning. The need for that 2nd home at the beach for refuge may no longer be at the top of the list.
LBI is not alone in this slight down turn in activity, most leading experts in the real estate field report the same slower activity levels. A breather is not necessarily a bad thing, the market was over heated and rising so fast the buyers became frustrated and this level of price increases couldn’t continue.
Some national reports say there will be a correction to the market in the next year, LBI usually is less susceptible to large movement change. It is expected that the rest of the LBI Fall Selling Season will continue at a good pace, just not as furious as it had been experiencing.
The Big Question Remains: How Long Will This Market Last?
For the rest of the blog, click here.
Exclusive Sand Dollar Real Estate Programs
FLASH: For a limited time, since our sales market is moving fast, listing commission is reduced based on ‘time on the market’. If I save, you save!
Click here for more details.
A GUIDE TO BUYING ON LBI – NEW – A great place for potential buyers to begin their education if considering a purchase of an LBI beach house. Fact filled ‘Guide’ with information on: Why LBI along with past and present sales/value statistics. Thoughtful questions to help you determine the right home, town, location and price range. As well as financing alternatives and an overview of the tax advantages of owning an LBI beach property. This Guide will lead you through the entire process of first making the decision to buy right up to what to expect on closing day.
SEARCH OUR LOCAL MLS – Custom search module links directly to the MLS that LBI Realtors use. Choose from pre-defined popular searches to start and then create your own custom search. Can use quick or advanced search modules or a map location search. More accurate and easier to use than other major web site portals.
EARLY BUYER’S ALERT – Rather we created your search, no problem! Fill out a simple form with your preferred buying parameters and be emailed from our local MLS every appropriate new listing on the day it appears. Includes price changes & properties under contract and closed, with full details & photos. Find the finds first.
DRIVE BY LIST – A great way to learn about LBI at your pace. Choose your preferred buying parameters based on Location, Style & Price Range. We will provide you with addresses & property information organized with a planned car route to explore the various neighborhoods on LBI.
THIS WEEK ON LBI – Updated weekly with a Market Snapshot of what’s just been “listed”, went “under contract” and “closed”, list of prior months closed sales, plus local headline news and links to web sites of LBI importance. This is our most visited page each week!
ONLINE MARKET EVALUATION – Fill out a short form about your LBI property and you will be sent an email report chock full of information about the trends and current LBI sales market along with ‘comps’ and a detailed analysis explaining your property’s price
range of value. In a changing market this is a must for our LBI homeowners.
LBI NEIGHBORHOOD TRACKER – For LBI Homeowners who want to know what is happening in their LBI neighborhood. Initially we fill your ‘electronic cart’ with info about all homes currently for sale in your neighborhood. Thereafter, all new listings and price changes and sold properties will be added as they occur.
MARKETRENDS – Visit our Market Statistics page for historical comparison data plus quarterly updates on the LBI real estate market. Don’t forget to preview LBI Quarterly Sold Properties broken down by area.
SUMMER RENTALS – LBI Visitor’s – See the particulars on the various styles and locations that we offer so you can have the best LBI vacation possible. Need some extra help, use our Concierge Service for guidance. LBI Homeowner’s – Not booked as much as you like? Ask for our ‘Rental Review’. We will take a look at your property and make suggestions on how to increase your rental bookings inexpensively and review your current rates. You can even fill out our Rental Authorization online and review our Guidelines.
This web site is dedicated to the luxury real estate market on LBI. These homes stand out in design and location.
Potential Purchasers: Learn about the LBI Beach Lifestyle, what makes LBI such a special place. Or Preview our Luxury Beach Collection. You can choose from our most popular predefined searches or create you own.
LBI Luxury Homeowners: We have a special section for you if contemplating parting with your lovely beach home. You have a luxury home that needs to have unique marketing and a comprehensive Marketing/Business Plan.
LBI Real Estate Seminar
Thinking of Selling? Thinking of Buying?
Then, this is a must, you should have the most up to date
LBI real estate information to make the right decision for you.
No hype, just factual information.
Next Seminars will be scheduled during Summer of 2022, can give private Seminar via Zoom if preferred.
- LBI MarkeTrends – Historical Overview, Recap & Forecast for Rest of Year
- Latest LBI Sales Statistics – Average Sales Price, Days on Market, Inventory Levels, Percent of sales price to sold price, comparison reports & more
- Tax Advantages – Second Home vs. Investment with explanation of write offs
- 1031 Tax Deferred Exchanges – Still here and a great way to trade up
- Financing – Many programs available
- Local & State Building Regulations – Know what you can and can’t do prior to buying
- Flood Insurance Update – Ever changing and ways to lower your flood without lifting
- LBI Rental Market – Latest Trends and how to meet them with your rental property
- LBI Local News – Beach replenishment, the bridge and other news
- Q & A Period – Always lively & informative
RESERVATIONS: For more information or online reservations, click here or call 609-494-1130
Check out Sand Dollar Real Estate’s Exclusive Listings
on our Featured Homes Page