LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019

LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019



 

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/24/2019-3/231/2019

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019: Activity was very strong this week in the Long Beach Island real estate market. In total there were 147 changes made to the market. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 33 new listings entered the market with an average price of $1,219,594
  • 28 listings went under contact with an average listing price of about $1,060,729
  • 22 properties sold on Long Beach Island with an average price of $81,340,098
  • 33 listings were either withdrawn of expired in the LBI real estate market

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

LBI Real Estate Weekly Sales Update 3/24/2019-3/31/2019

Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, “P” means the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.

TypeChg TypeStreet NumberStreet NameMunicipalityCurrent PriceSq Ft TotalDOM
CONDONEW109AtlanticBeach Haven Borough$480,000 7361
CONDONEW310WestBeach Haven Borough$489,000 9067
SFNEW321StratfordBeach Haven Borough$549,000 6729
CONDONEW1001OceanShip Bottom$589,000 1,0875
SFNEW5116Long BeachLong Beach Twp$619,000 1,5361
CONDONEW325EnglesideBeach Haven Borough$645,000 1,5002
CONDONEW1000BayBeach Haven Borough$649,900 1,1001
SFNEW21021stShip Bottom$650,000 1,5274
SFNEW3293rdSurf City$674,900 1,6262
SFNEW4BuckinghamHarvey Cedars$698,200 1,8462
SFNEW4138thBeach Haven Borough$699,000 1,7005
CONDONEW4138thBeach Haven Borough$699,000 1,7005
SFNEW7HarmonyLong Beach Twp$724,000 1,5002
SFNEW28112thShip Bottom$869,000 2,3025
SFNEW2905Long BeachLong Beach Twp$899,950 2,0003
SFNEW5303Long BeachLong Beach Twp$925,000 2,3005
SFNEW3062ndBeach Haven Borough$969,000 2,3004
SFNEW3LangeHarvey Cedars$999,900 1,7282
SFNEW24CONNECTICUT (83RD)Long Beach Twp$1,199,000 2,55611
SFNEW20South 34thLong Beach Twp$1,285,000 3,5210
SFNEW820thLong Beach Twp$1,295,000 3,4785
SFNEW463SchodererSurf City$1,349,000 2,7534
SFNEW31010thShip Bottom$1,399,000 2,8002
SFNEW30210thShip Bottom$1,450,000 2,8452
SFNEW1005Barnegat AveShip Bottom$1,450,000 2,6972
SFNEW58CaliforniaLong Beach Twp$1,600,000 3,4282
SFNEW1944thLong Beach Twp$1,649,900 2,0601
SFNEW5508Holly AvenueHarvey Cedars$1,695,000 2,3124
SFNEW806BayviewBarnegat Light$1,799,000 3,5482
SFNEW11501Long BeachLong Beach Twp$1,799,850 3,8002
SFNEW2211SeaviewBarnegat Light$2,599,000 3,3205
SFNEW47HollyLong Beach Twp$3,299,000 4,5002
SFNEW131 A21stShip Bottom$3,549,000 3,3002
SFBOM270PompanoLong Beach Twp$999,000 1,843189
SFBOM2833rdSurf City$1,149,000 2,112186
COMBOM110BayBeach Haven Borough$649,000 1,800376
COMBOM108BayBeach Haven Borough$999,000 3,700150
SFDOWN5406Long BeachHarvey Cedars$609,000 1,228149
SFDOWN20217thShip Bottom$645,000 93674
SFDOWN2216Long BeachSurf City$650,000 1,288118
SFDOWN9E South 34thLong Beach Twp$689,000 1,184180
SFDOWN18Meadow LaneLong Beach Twp$795,000 2,110310
SFDOWN320NorwoodBeach Haven Borough$875,000 025
SFDOWN9727thShip Bottom$879,000 2,16083
SFDOWN1813thLong Beach Twp$899,000 2,49069
SFDOWN544thLong Beach Twp$929,000 2,076212
CONDODOWN544thLong Beach Twp$929,000 2,076212
SFDOWN213thBarnegat Light$999,000 2,39455
SFDOWN150Long BeachLong Beach Twp$999,000 912148
SFDOWN6C82ndHarvey Cedars$999,000 945421
SFDOWN27527thShip Bottom$1,039,000 2,10047
SFDOWN1819BarnegatShip Bottom$1,049,000 2,000163
SFDOWN2302BayviewBarnegat Light$1,499,000 2,42815
SFDOWN1321stBarnegat Light$1,785,000 2,06144
SFDOWN106BaySurf City$1,799,000 2,60086
SFDOWN156MarinaLong Beach Twp$1,899,000 3,90091
SFDOWN1113Long BeachLong Beach Twp$1,999,000 2,87284
SFDOWN1000AtlanticBeach Haven Borough$2,395,000 3,00034
LNDDOWN27527thShip Bottom$1,039,000 2,1009
COMDOWN2304Long BeachShip Bottom$499,000 0336
COMDOWN10127thShip Bottom$649,000 0111
COMDOWN2216Long BeachSurf City$650,000 1,288118
MULDOWN3322ndSurf City$649,000 1,976148
MULDOWN1113Long BeachLong Beach Twp$1,999,000 2,87284
CONDOUP305thBarnegat Light$734,900 2,568202
CONDOK21PennsylvaniaLong Beach Twp$225,000 727249
SFK12527thShip Bottom$587,000 1,000293
SFK3436thLong Beach Twp$895,000 2,06455
SFK103SurfLong Beach Twp$999,500 1,681177
COMK2020Long BeachShip Bottom$1,149,000 5,034125
SFP2116CentralShip Bottom$325,000 62434
SFP10123rdLong Beach Twp$599,000 1,16711
SFP30218thShip Bottom$629,000 1,58026
SFP22421stShip Bottom$635,000 1,10042
SFP31910thShip Bottom$639,000 1,29523
SFP11LouisianaLong Beach Twp$775,000 1,144176
SFP10830thShip Bottom$799,900 1,65653
SFP106thSurf City$819,000 1,34434
SFP13130thShip Bottom$850,000 1,775141
SFP6ArnoldLong Beach Twp$899,000 1,794114
CONDOP103LillieLong Beach Twp$999,000 1,65452
SFP1004-FLong Beach BlvdLong Beach Twp$999,000 1,71037
SFP40JeanetteLong Beach Twp$1,099,000 2,276185
SFP87BayviewLong Beach Twp$1,199,000 147
SFP38610thSurf City$1,399,000 2,940166
SFP11086thLong Beach Twp$1,595,000 2,40030
SFP8East 73rd StreetHarvey Cedars$2,100,000 2,500349
SFP13121stShip Bottom$2,300,000 3,00070
SFP18Long BeachLong Beach Twp$3,295,000 4,888182
COMP605Long BeachShip Bottom$875,000 3,900286
MULP4300Long BeachLong Beach Twp$575,000 028
MULP13130thShip Bottom$850,000 1,775141
MULP20316thLong Beach Twp$1,590,000 3,000457
SFW443rdLong Beach Twp$469,000 86497
SFW4300Long BeachLong Beach Twp$575,000 028
SFW7HarmonyLong Beach Twp$734,000 1,500146
SFW420Eighth St S8 w Boat SlipBeach Haven Borough$739,900 2,176178
CONDOW20316thLong Beach Twp$799,000 1,500210
CONDOW20316thLong Beach Twp$849,000 1,500378
SFW1005Barnegat AveShip Bottom$1,350,000 2,69788
SFW31010thShip Bottom$1,399,000 2,80040
SFW30210thShip Bottom$1,450,000 2,84591
SFW463SchodererSurf City$1,599,000 2,75350
SFW131 B21stShip Bottom$1,850,000 041
SFW131 A21stShip Bottom$3,549,000 3,30040
LNDW11LouisianaLong Beach Twp$775,000 0176
LNDW10830thShip Bottom$799,900 1,65653
COMW2702long beach boulevardLong Beach Twp$847,500 0945
MULW7HarmonyLong Beach Twp$734,000 1,500146
CONDOV1117Long BeachSurf City$459,000 878217
SFV1117Long BeachSurf City$459,000 878192
CONDOV214LeewardBeach Haven Borough$485,000 72245
SFV23615thShip Bottom$749,000 1,64742
SFV6605Long BeachHarvey Cedars$1,090,000 2,250187
CONDOC443rdLong Beach Twp$450,000 86497
SFC11324th St C9Ship Bottom$470,000 1,39228
SFC901OceanShip Bottom$525,150 1,08113
CONDOC1000BayBeach Haven Borough$570,000 1,097102
CONDOC101EnglesideBeach Haven Borough$679,000 1,30064
CONDOC420Eighth St S8 w Boat SlipBeach Haven Borough$695,000 2,176307
SFC1100A North BeachLBBLong Beach Twp$800,000 1,683283
SFC8601JamaicaHarvey Cedars$850,000 1,50040
CONDOC30TennesseeLong Beach Twp$865,000 2,150178
SFC128HarmonyLong Beach Twp$1,085,000 2,34019
SFC109Virginia (110th)Long Beach Twp$1,125,000 2,239119
SFC13118thShip Bottom$1,300,000 2,28854
SFC1HardingLong Beach Twp$1,400,000 2,600102
SFC3810thSurf City$1,600,000 2,50028
SFC868thHarvey Cedars$1,650,000 2,60029
SFC2845thLong Beach Twp$1,669,000 2,500327
SFC2101OceanShip Bottom$1,900,000 2,17247
SFC9322MarkLong Beach Twp$2,125,000 3,0760
SFC4003Long BeachLong Beach Twp$2,569,000 2,89242
SFC97C+DLong BeachLong Beach Twp$5,700,000 6,926160
LNDC97-CLong Beach BlvdLong Beach Twp$1,350,000 030
COMC500BayBeach Haven Borough$105,000 051
SFX4BuckinghamHarvey Cedars$724,200 1,84645
CONDOX220MerivaleBeach Haven Borough$839,000 1,092181
SFX2KentuckyLong Beach Twp$899,900 2,656187
SFX3LangeHarvey Cedars$999,900 1,728112
SFX20South 34thLong Beach Twp$1,285,000 3,521586
SFX1944thLong Beach Twp$1,649,900 2,060103
SFX806BayviewBarnegat Light$1,799,000 3,54845
SFX11501Long BeachLong Beach Twp$1,799,850 3,80085
SFX47HollyLong Beach Twp$3,299,000 4,500251
COMX330CoralBeach Haven Borough$874,000 0181
MULX314LeewardBeach Haven Borough$845,000 91221

LBI New Jersey Real Estate Sales Analysis

This week wraps up the 1st quarter of 2019. Looking at single family home sales 2019 is lagging behind 2018 by about 10% in total units sold. Inventory levels have risen recently so it will be interesting to see if having more homes for sale translates into more closings. As for this week, activity in pending and closes sales was much higher. In particular the higher number of pending sales will be interesting to track and see if this trend continues. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 3/24/2019-3/231/2019 please do not hesitate to contact me.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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