Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 08/01/2021-08/08/2021
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Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 08/01/2021-08/08/2021: Activity in the Long Beach Island real estate market exploded this week with a total of 89 changes to the MLS. This is much higher than we have seen in the last several weeks-and much of this activity was in the form of new listings. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 38 new listings entered the market with an average price of $1,454,495
- 22 listings went under contract with an average listing price of about $1,349,118
- 10 properties sold on Long Beach Island with an average price of $1,392,800
- 5 listings were either withdrawn of expired in the LBI real estate market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 08/01/2021-08/08/2021
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW ACTIVE means it is a new or re-listed home, PRICE DECREASE means the price was reduced, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies.
Last Change Type | MLS # | Address | City | Area | Current Price – Decimal |
Coming Soon | NJOC2001742 | 5 W 9th St | Barnegat Light | LBI | $875,000 |
Coming Soon | NJOC2001918 | 12 E 45th | Long Beach Township | LBI | $2,100,000 |
Coming Soon | NJOC2001118 | 120 W Ohio Ave | Long Beach Township | LBI | $2,395,000 |
New Active | NJOC2001908 | 701 Central Ave | Ship Bottom | LBI | $0.00 |
New Active | NJOC2001916 | 7700 Long Beach #D | Long Beach Township | LBI | $425,000 |
New Active | NJOC2001612 | 401 Broadway #24 | Barnegat Light | LBI | $425,000 |
New Active | NJOC2001562 | 514 Engleside Ave #D | Beach Haven | LBI | $489,900 |
New Active | NJOC2001782 | 204 W 12th St #C01 | Ship Bottom | LBI | $499,000 |
New Active | NJOC2001886 | 335 Kentford Ave | Beach Haven | LBI | $800,000 |
New Active | NJOC2001882 | 101 W 9th St #204 | Ship Bottom | LBI | $829,000 |
New Active | NJOC2001906 | 9006 Long Beach Blvd #B | Long Beach Township | LBI | $849,000 |
New Active | NJOC2001794 | 332 N 12th St | Surf City | LBI | $925,000 |
New Active | NJOC2001792 | 332 N 12th St | Surf City | LBI | $925,000 |
New Active | NJOC2001434 | 102 W Roosevelt #C(3) | Long Beach Township | LBI | $925,000 |
New Active | NJOC2001826 | 14 Amherst | Long Beach Township | LBI | $984,900 |
New Active | NJOC2001520 | 1-Centre Centre St | Beach Haven | LBI | $1,099,000 |
New Active | NJOC2001628 | 510 N Bay Ave #309 | Beach Haven | LBI | $1,125,000 |
New Active | NJOC2001768 | 3501 Long Beach Blvd | Long Beach Township | LBI | $1,150,000 |
New Active | NJOC2001832 | 166-D Long Beach Blvd | Long Beach Township | LBI | $1,399,000 |
New Active | NJOC2001262 | 328 N 13th St | Surf City | LBI | $1,499,000 |
New Active | NJOC2001764 | 1404 S Bay Ave | Beach Haven | LBI | $1,550,000 |
New Active | NJOC2001736 | 241 N 12th St | Surf City | LBI | $1,599,000 |
New Active | NJOC2001700 | 1096-B Long Beach Blvd | Long Beach Township | LBI | $1,600,000 |
New Active | NJOC2001726 | 1096-B Long Beach Blvd | Long Beach Township | LBI | $1,600,000 |
New Active | NJOC2001730 | 1096-B Long Beach Blvd | Long Beach Township | LBI | $1,600,000 |
New Active | NJOC2001820 | 26 New York W | Long Beach Township | LBI | $1,695,000 |
New Active | NJOC2001500 | 321 W 16th St | Ship Bottom | LBI | $1,699,000 |
New Active | NJOC2001890 | 37 Hideaway | Long Beach Township | LBI | $1,699,000 |
New Active | NJOC2001622 | 112 8th St | Beach Haven | LBI | $1,795,000 |
New Active | NJOC2001632 | 36 Lighthouse Way | Long Beach Township | LBI | $1,795,000 |
New Active | NJOC2001868 | 9 E 27th St | Barnegat Light | LBI | $1,879,000 |
New Active | NJOC2001758 | 304 W 10th St | Ship Bottom | LBI | $1,995,000 |
New Active | NJOC2001854 | 372 W 13th St | Ship Bottom | LBI | $1,999,000 |
New Active | NJOC2001624 | 129 E South 34th | Long Beach Township | LBI | $1,999,000 |
New Active | NJOC2001712 | 11 E So. 31st St | Long Beach Township | LBI | $1,999,999 |
New Active | NJOC2001732 | 15 14th | Beach Haven | LBI | $2,699,999 |
New Active | NJOC2001810 | 13500 Atlantic Ave | Long Beach Township | LBI | $2,949,000 |
New Active | NJOC2001900 | 43 N 22nd St | Surf City | LBI | $3,399,000 |
Back to Active | NJOC409770 | 514-A Engleside Ave #A | Beach Haven | LBI | $489,900 |
Back to Active | NJOC409798 | 333 W 6th St | Ship Bottom | LBI | $989,000 |
Back to Active | NJOC2000804 | 9 E Sand Dune Ln | Long Beach Township | LBI | $999,000 |
Back to Active | NJOC409276 | 120 Taylor Ave | Beach Haven | LBI | $1,499,000 |
Price Decrease | NJOC410462 | 5 W 38th #U2 | Long Beach Township | LBI | $719,900 |
Price Decrease | NJOC2000864 | 22 Mea Ln | Long Beach Township | LBI | $839,000 |
Price Decrease | NJOC2000190 | 33 W Jacqueline | Long Beach Township | LBI | $1,250,000 |
Price Decrease | NJOC2001056 | 3 E Seabreeze | Long Beach Township | LBI | $1,284,900 |
Price Decrease | NJOC2001036 | 3 E Seabreeze | Long Beach Township | LBI | $1,284,900 |
Price Decrease | NJOC2001166 | 115 E Mermaid | Long Beach Township | LBI | $1,599,000 |
Price Decrease | NJOC2001158 | 115 E Mermaid | Long Beach Township | LBI | $1,599,000 |
Price Decrease | NJOC2001558 | 16 E 31st | Long Beach Township | LBI | $1,999,999 |
Price Increase | NJOC408976 | 1700 Long Beach Boulevard | Surf City | LBI | $120,000 |
Price Increase | NJOC408836 | 1700 Long Beach Boulevard | Surf City | LBI | $120,000 |
Active Under Contract | NJOC409342 | 10 W Winifred #U1 | Long Beach Township | LBI | $450,000 |
Active Under Contract | NJOC2001948 | 204 Engleside Ave #B | Beach Haven | LBI | $899,000 |
Active Under Contract | NJOC2001406 | 204 Engleside Ave #C | Beach Haven | LBI | $899,000 |
Active Under Contract | NJOC2001150 | 102 Roosevelt #2 | Long Beach Township | LBI | $929,000 |
Active Under Contract | NJOC2001404 | 204 Engleside Ave #A | Beach Haven | LBI | $949,000 |
Active Under Contract | NJOC2000410 | 6 Adrian Rd | Long Beach Township | LBI | $999,999 |
Active Under Contract | NJOC2001026 | 315 Pelham Ave | Beach Haven | LBI | $1,300,000 |
Pending | NJOC2000366 | 122 E 5th St #B | Ship Bottom | LBI | $599,900 |
Pending | NJOC2001834 | 9 E 16th St | Barnegat Light | LBI | $799,900 |
Pending | NJOC2001142 | 133 W New Jersey | Long Beach Township | LBI | $800,000 |
Pending | NJOC410682 | 2 Lillie | Long Beach Township | LBI | $949,000 |
Pending | NJOC2001692 | 208 W 6th St | Ship Bottom | LBI | $949,900 |
Pending | NJOC410102 | 19 20th | Long Beach Township | LBI | $999,000 |
Pending | NJOC2000164 | 3 Winifred | Long Beach Township | LBI | $999,900 |
Pending | NJOC2001518 | 15 E 33rd | Long Beach Township | LBI | $1,199,000 |
Pending | NJOC2001490 | 7 W Macevoy | Long Beach Township | LBI | $1,225,000 |
Pending | NJOC2001756 | 14 E 16th St | Barnegat Light | LBI | $1,350,000 |
Pending | NJOC2000592 | 504 Shore Ave | Ship Bottom | LBI | $1,895,000 |
Pending | NJOC2000706 | 9320 Mark Dr | Long Beach Township | LBI | $2,499,000 |
Pending | NJOC409866 | 70 W California Ave | Long Beach Township | LBI | $2,699,000 |
Pending | NJOC409756 | 907 Seaview Ave | Barnegat Light | LBI | $2,995,000 |
Pending | NJOC2000676 | 24 Warwick Ave | Harvey Cedars | LBI | $3,295,000 |
Closed | NJOC2000368 | 8501 Long Beach Blvd #UNIT 8 | Long Beach Township | LBI | $255,000 |
Closed | NJOC407932 | 2708 Long Beach Blvd #5 | Ship Bottom | LBI | $330,000 |
Closed | NJOC407782 | 101 W 9th W #202 | Ship Bottom | LBI | $720,000 |
Closed | NJOC406840 | 2302 Central Ave | Ship Bottom | LBI | $800,000 |
Closed | NJOC408084 | 5 E 12th St | Barnegat Light | LBI | $1,299,000 |
Closed | NJOC410568 | -106 E 3rd St | Ship Bottom | LBI | $1,300,000 |
Closed | NJOC410594 | 120 E Ryerson Ln | Long Beach Township | LBI | $1,500,000 |
Closed | NJOC409114 | 17 7th St | Beach Haven | LBI | $2,399,000 |
Closed | NJOC409894 | 16 N 23rd St | Surf City | LBI | $2,600,000 |
Closed | NJOC408036 | 1049-B Long Beach Boulevard #B | Long Beach Township | LBI | $2,725,000 |
Withdrawn | NJOC2000520 | 1 W Goodrich | Long Beach Township | LBI | $1,800,000 |
Withdrawn | NJOC410618 | 210 18th W | Ship Bottom | LBI | $1,850,000 |
Canceled | NJOC407654 | 105 W 25th St | Ship Bottom | LBI | $499,000 |
Expired | NJOC410644 | 214 Marine St | Beach Haven | LBI | $1,349,000 |
Expired | NJOC407030 | 205 Nautilus Dr | Long Beach Township | LBI | $3,595,000 |
LBI New Jersey Real Estate Sales Analysis
More new listings came on the market than we have seen come on in some entire months! This is good news for buyers who have been waiting for inventory levels to rise. That said, there were still 22 pending sales so the total net gain of inventory was less than it may seem. Overall, the market is doing very well on Long Beach Island and finally starting to show some signs of balance. The COVID Delta variant could change all that if we see a repeate in consumer patterns of buying beach houses to flee more crowded areas. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 08/01/2021-08/08/2021 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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