LBI Real Estate Daily Market Update August 16th 2023

LBI Real Estate Daily Market Update August 16th 2023

Long Beach Island NJ (LBI NJ) Real Estate Market Update for August 16th 2023

Long Beach Island Real Estate Sales Market Update August 16th 2023

It was another busy day in the LBI real estate sales market. As we have been seeing, the market was in nearly perfect balance. Week by week we see a comparative number of new listings and pending sales take place. While this shows the strength of the LBI real estate market, it does little to help the low level of homes for sale on Long Beach Island. Market activity was as follow for August 16th 2023:

  • 4 new listings came up for sale in the LBI real estate market
  • 3 homes went under contract on LBI
  • 2 homes sold on Long Beach Island
  • 0 homes saw a price reduction in the LBI real estate market

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


LBI Real Estate Daily Market Update August 16th 2023

Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.

Last Change TypeMLS #AddressCityAreaCurrent Price
Coming SoonNJOC202051679-B Long Beach BlvdLong Beach TownshipLBI$3,950,000
New ActiveNJOC2020596510 N Bay Ave #203Beach HavenLBI$899,000
New ActiveNJOC202057417 W Beck AveLong Beach TownshipLBI$2,999,000
New ActiveNJOC20205529 W Jacqueline AveLong Beach TownshipLBI$1,199,950
PendingNJOC2020600510 N Bay Ave #301Beach HavenLBI$999,000
PendingNJOC201912625 W Julia AveLong Beach TownshipLBI$1,249,000
PendingNJOC202038014 E 17th StBarnegat LightLBI$2,400,000
ClosedNJOC20160961078-F Long Beach BlvdLong Beach TownshipLBI$1,495,000
ClosedNJOC2018956153-B Long Beach BlvdLong Beach TownshipLBI$2,400,000
WithdrawnNJOC201694217 W Beck AveLong Beach TownshipLBI$2,999,000

As I mentioned above, there was near balance in the LBI real estate market today. To be fair, one of the new listings was actually a re-listing of a home that was pulled from the market today. Therefore, there were really 3 new listings and 3 pending sales, so the actual number of homes for sale on LBI remained unchanged! If you have any questions about buying, selling, or investing in the LBI real estate market, 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.

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