Long Beach Island NJ (LBI NJ) Real Estate Market Update for August 3rd 2023
LBI Real Estate Daily Market Update August 3rd 2023 
LBI Real Estate Daily Market Update August 3rd 2023 
LBI Real Estate Daily Market Update August 3rd 2023
Long Beach Island Real Estate Sales Market Update August 3rd 2023
We are in high summer and Long Beach Island is very busy! The real estate market is no exception. We have started to see some more inventory come on the market, which is typically for this time of year, but the number of homes for sale on Long Beach Island is still very low. Market activity for today is as follows on LBI:
- 5 new listings came up for sale in the LBI real estate market
- 1 home went under contract on LBI
- 2 homes sold on Long Beach Island
- 1 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 3rd 2023
Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.
| Last Change Type | MLS # | Address | City | Area | Current Price |
| New Active | NJOC2020196 | 6809 Norfolk Pl | Harvey Cedars | LBI | $4,750,000 |
| New Active | NJOC2020260 | 124 E 17th St #2 | Ship Bottom | LBI | $419,000 |
| New Active | NJOC2020170 | 19 N 14th St | Surf City | LBI | $2,299,000 |
| New Active | NJOC2020218 | 26 N 24th St | Surf City | LBI | $3,895,000 |
| New Active | NJOC2020192 | 284 W 18th St | Ship Bottom | LBI | $1,350,000 |
| Price Decrease | NJOC2015632 | 4000 Julia Ln | Long Beach Township | LBI | $2,390,000 |
| Pending | NJOC2019488 | 12 Harding Ave #UNIT WEST | Long Beach Township | LBI | $1,150,000 |
| Closed | NJOC2017678 | 8204 Bay Ter | Harvey Cedars | LBI | $2,150,000 |
| Closed | NJOC2018954 | 27 A & B Long Beach Blvd. | Long Beach Township | LBI | $11,000,000 |
Overall, market activity was balanced today on Long Beach Island. New listings outweighed the rest of the market, but as I mentioned above, this is sorely needed. There are still only around 100 single-family homes for sale on Long Beach Island. It is interesting to note that one of the closed sales today was for $11,000,000, that is a very high price for LBI! 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
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