LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/7/2019-7/14/2019

LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019
LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019
LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 7/7/2019-7/14/2019: There were a total of 104 changes to the Long Beach Island sales market this week making it an average week for home sales. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

21 new listings entered the market with an average price of $1,484,090
18 listings went under contact with an average listing price of about $970,822
11 properties sold on Long Beach Island with an average price of $813,000
20 listings were either withdrawn of expired in the LBI real estate market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 7/7/2019-7/14/2019

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the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired).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.

Type	Chg Type	Street Number	Street Name	Municipality	Current Price	Sq Ft Total	DOM
SF	NEW	111	3rd	Surf City	$469,000	724	4
LND	NEW	401	Bay	Beach Haven Borough	$525,000	4,000	2
SF	NEW	9	16th St	Barnegat Light	$575,000	924	3
SF	NEW	212	Pelham	Beach Haven Borough	$599,000	864	4
SF	NEW	219	18th	Ship Bottom	$619,000	1,356	10
SF	NEW	1078	Long Beach	Long Beach Twp	$679,000	1,784	7
SF	NEW	26	12th	Barnegat Light	$689,000	1,248	3
SF	NEW	6112	Long Beach Blvd	Harvey Cedars	$785,000	1,176	5
SF	NEW	223	4th	Surf City	$849,900	1,900	4
SF	NEW	4	New York	Long Beach Twp	$859,000	2,425	2
SF	NEW	101	Virginia	Long Beach Twp	$995,000	1,084	7
SF	NEW	38	Starr	Long Beach Twp	$1,049,000	2,493	5
SF	NEW	239	5th	Ship Bottom	$1,089,000	2,920	5
SF	NEW	145	Long Beach	Long Beach Twp	$1,449,000	2,016	4
LND	NEW	400	Leeward	Beach Haven Borough	$1,495,000	0	0
SF	NEW	324	Iroquois	Beach Haven Borough	$1,499,000	2,500	6
SF	NEW	106	Bay	Surf City	$1,699,000	2,600	5
SF	NEW	157-C	Long Beach	Long Beach Twp	$3,199,000	3,900	0
SF	NEW	87	Bayview	Long Beach Twp	$3,399,000	4,500	5
SF	NEW	150-H	Long Beach	Long Beach Twp	$3,649,000	4,257	5
SF	NEW	1900	Virginia	Beach Haven Borough	$4,995,000	8,000	1
SF	BOM	15	13th	Barnegat Light	$604,500	1,125	40
SF	BOM	2106	Central	Surf City	$715,000	1,008	86
SF	BOM	102	17th	Long Beach Twp	$899,000	1,900	34
SF	BOM	222	Pearl	Beach Haven Borough	$1,210,000	2,500	165
CONDO	DOWN	20	Washington	Long Beach Twp	$349,500	720	136
CONDO	DOWN	207	23rd St Unit 12A	Ship Bottom	$355,000	750	69
SF	DOWN	20	10th	Barnegat Light	$537,000	1,788	72
MUL	DOWN	216	18th	Ship Bottom	$575,000	1,918	51
SF	DOWN	204	Pennsylvania	Beach Haven Borough	$579,900	0	47
MUL	DOWN	204	Pennsylvania	Beach Haven Borough	$579,900	0	47
CONDO	DOWN	500	Bay	Beach Haven Borough	$589,000	1,200	98
SF	DOWN	111	14th	Ship Bottom	$619,000	1,500	18
SF	DOWN	13	79th	Harvey Cedars	$699,999	931	104
SF	DOWN	5	Susan	Long Beach Twp	$775,000	1,575	60
SF	DOWN	98	Arnold	Long Beach Twp	$775,000	1,700	115
CONDO	DOWN	804	Bay Club Lane	Beach Haven Borough	$779,000	1,800	242
SF	DOWN	210	Marine	Beach Haven Borough	$799,000	1,792	93
SF	DOWN	281	12th	Ship Bottom	$799,900	2,302	111
SF	DOWN	358	6th	Surf City	$880,000	2,324	283
SF	DOWN	406	Central	Barnegat Light	$895,000	1,388	78
SF	DOWN	6C	82nd	Harvey Cedars	$900,000	945	527
LND	DOWN	275	27th	Ship Bottom	$988,000	2,100	115
SF	DOWN	275	27th	Ship Bottom	$988,000	2,100	153
LND	DOWN	5201	Long Beach	Long Beach Twp	$1,150,000	0	105
SF	DOWN	5201	Long Beach	Long Beach Twp	$1,150,000	2,400	382
SF	DOWN	2	East 7th Street	Barnegat Light	$1,195,000	2,204	40
SF	DOWN	70	Butler	Long Beach Twp	$1,399,000	3,052	91
SF	DOWN	153C	Long Beach Boulevard	Long Beach Twp	$1,495,000	3,127	304
SF	DOWN	59B	Long Beach	Long Beach Twp	$1,499,000	3,791	62
SF	DOWN	409	Leeward	Beach Haven Borough	$1,575,000	2,918	137
SF	DOWN	8106	Bay Terrace	Harvey Cedars	$2,195,000	3,141	102
SF	DOWN	2211	Seaview	Barnegat Light	$2,499,000	3,320	111
SF	DOWN	1029-C	Long Beach Blvd	Long Beach Twp	$3,495,000	3,858	149
SF	K	28	Nevada	Long Beach Twp	$749,000	1,094	115
SF	K	16	Nevada	Long Beach Twp	$799,000	1,638	10
LND	K	39	23rd	Surf City	$859,000	0	30
CONDO	P	1212	Central	Surf City	$395,000	576	97
SF	P	1212	Central	Surf City	$395,000	0	95
SF	P	424	Dock	Beach Haven Borough	$499,900	1,188	41
SF	P	1	75th	Harvey Cedars	$574,900	1,200	39
SF	P	280	17th	Surf City	$649,000	1,572	23
SF	P	112	Ship Bottom	Ship Bottom	$649,999	1,150	72
LND	P	1094	Long Beach	Long Beach Twp	$718,500	1,344	80
SF	P	1094	Long Beach	Long Beach Twp	$718,500	1,344	80
MUL	P	38	13th	Surf City	$745,000	1,000	96
SF	P	381	6th	Ship Bottom	$749,000	2,517	294
SF	P	112	Lillie	Long Beach Twp	$893,300	1,520	37
SF	P	17	20th	Barnegat Light	$989,700	2,417	111
SF	P	114	16th	Ship Bottom	$1,150,000	2,100	133
SF	P	9	Cumberland	Harvey Cedars	$2,645,000	2,515	97
SF	P	12211	Ocean	Long Beach Twp	$3,295,000	3,200	153
CONDO	W	306	5th	Beach Haven Borough	$499,999	1,100	524
SF	W	4302	Long Beach	Long Beach Twp	$725,000	1,200	61
SF	W	324	Iroquois	Beach Haven Borough	$1,539,000	2,500	137
SF	W	806	Bayview	Barnegat Light	$1,699,900	3,548	101
SF	W	30	Panorama	Long Beach Twp	$2,699,000	4,200	41
SF	V	253	10th	Ship Bottom	$565,900	1,212	286
SF	V	315	Stratford	Beach Haven Borough	$1,145,000	3,110	308
SF	V	34	New York	Long Beach Twp	$1,700,000	4,432	51
SF	V	73	Sunset	Long Beach Twp	$1,750,000	3,700	783
SF	V	5	86th	Harvey Cedars	$1,795,000	2,500	209
SF	V	123	27th	Long Beach Twp	$1,799,999	2,844	119
CONDO	C	121	7th	Ship Bottom	$256,900	515	606
SF	C	2116	Central	Ship Bottom	$325,000	624	34
MUL	C	3	Delaware	Long Beach Twp	$475,000	0	246
COM	C	3	Delaware	Long Beach Twp	$475,000	0	246
SF	C	35	South 33rd	Long Beach Twp	$550,000	1,113	74
SF	C	201	15th	Ship Bottom	$655,000	1,638	30
SF	C	4904	Long Beach	Long Beach Twp	$925,000	2,100	103
SF	C	187	Nautilus	Long Beach Twp	$950,000	1,750	162
SF	C	199	Nautilus	Long Beach Twp	$999,000	2,710	124
SF	C	343	12th	Surf City	$1,150,000	2,450	104
SF	C	28	North Carolina	Long Beach Twp	$1,150,000	3,763	48
SF	C	5008	Long Beach	Long Beach Twp	$1,289,000	2,000	96
COM	X	382	9th	Ship Bottom	$1,500	970	27
COM	X	2512	Long Beach	Ship Bottom	$2,500	0	43
CONDO	X	20	21st	Long Beach Twp	$399,000	1,000	62
CONDO	X	214	Leeward	Beach Haven Borough	$485,000	722	45
SF	X	5	Delaware	Long Beach Twp	$679,000	936	168
SF	X	613	Barnegat	Surf City	$889,900	2,436	86
SF	X	239	5th	Ship Bottom	$1,089,000	2,920	185
SF	X	106	Bay	Surf City	$1,699,000	2,600	185
SF	X	2410	Atlantic	Long Beach Twp	$2,200,000	3,616	181

LBI New Jersey Real Estate Sales Analysis

Overall activity is about what we expect to see for this time of year. Pending sales and closed sales are down in volume from the spring which makes sense. Year to date the LBI real estate market is running about the same as 2018 which was an overall strong year for home sales. 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 7/7/2019-7/14/2019 please do not hesitate to contact me.

By : Nathan Colmer | LBI Real Estate Agent | 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