LBI Real Estate Daily Market Update August 7th 2023

LBI Real Estate Daily Market Update August 7th 2023

Long Beach Island NJ (LBI NJ) Real Estate Market Update for August 7th 2023

Long Beach Island Real Estate Sales Market Update August 7th 2023

It was another balanced day of real estate market activity on Long Beach Island and in the 08008 zip code. We have started to see a few more new listings, which is welcomed news for buyers in the LBI real estate market. The activity was as follows for August 7th 2023:

  • 3 new listings came up for sale in the LBI real estate market
  • 1 home went under contract on LBI
  • 1 home sold on Long Beach Island
  • 0 homes saw a price reduction in the LBI real estate market, but there was one price increase

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


LBI Real Estate Daily Market Update August 7th 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
New ActiveNJOC2020358813 N Ocean AveSurf CityLBI$3,800,000
New ActiveNJOC202033244 N 12th StSurf CityLBI$1,750,000
New ActiveNJOC2020266287 W 27th StShip BottomLBI$2,595,000
Price IncreaseNJOC2016812131-C Long Beach BlvdLong Beach TownshipLBI$6,599,000
PendingNJOC2017618288 N 12th StSurf CityLBI$2,299,000
ClosedNJOC2017112317 N 13th StSurf CityLBI$1,999,900
WithdrawnNJOC20115905-A SunsetLong Beach TownshipLBI$1,495,000
ExpiredNJOC201625247 N 24th StreetSurf CityLBI$1,399,000
ExpiredNJOC201624651 N 24th StreetSurf CityLBI$1,049,000

For the last few days, we have seen a few more new listings come on the market. While inventory levels are still incredibly low, any new listings are a help for buyers in the LBI real estate market. As August moves into September, we should continue to see inventory levels increase, if ever so slightly, but if the past is any guide, buyers will absorb this new inventory quickly. 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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