“The market is exceptional,” said Bonnie Wells, a broker with Coastal Living Real Estate Group. “We have multiple high-end buyers in the $5 million to $7 million range. Listings in the $4 million to $7 million range historically have had a low percentage of buyers, so remained on the market longer. This is no longer the case; these listings are getting constant attention, rallying the market to a whole new level we haven’t seen before.”
What they say about location, location, location driving value is truer in 2020, and LBI has it.
Subscribe to keep reading
This story is from our archive. Get your SandPaper Annual Pass for access to our digital archive, plus everything else a pass includes. Details below.
Annual Pass — $18 Details
365-day access to:
- The complete SandPaper digital archive (stories date back to 2012).
- Full photo galleries from our photographers.
- The entire catalog of SandPaper games, puzzles and quizzes.
How it works
- Enter your email below and click to pay the one-time $18. Card details are entered on Stripe’s secure page.
- You’re in straight away — no password to create, and nothing to set up or manage.
- You stay signed in. If you’re ever signed out, or you read on a new phone or computer, we’ll email you a code to get you back in.
- Never auto-renews. Your pass is good for one year. We will email you when it expires so you can renew if you’d like.
See our site policies for more information.
Already a subscriber? We’ll email a code to get you back in.
