LBI Real Estate Daily Market Update December 14th 2022

LBI Real Estate Daily Market Update December 14th 2022

Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 14th 2022

Long Beach Island Real Estate Sales Market Update December 14th 2022

The Long Beach Island real estate sales market saw balanced activity today. As the year closes out, it looks to be the trend of a roughly equal number of new listings and pending sales each day on LBI. This is a healthy market and one that will offer opportunities for both buyers and sellers alike.

  • 2 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

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


LBI Real Estate Daily Market Update December 14th 2022

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

Last Change TypeMLS #AddressCityCurrent Price 
New ActiveNJOC2015190218 N 18th St #C2Surf City$699,000
New ActiveNJOC201535410 E 19th StBarnegat Light$2,125,000
PendingNJOC201536825 N 13th StreetSurf City$1,799,000
ClosedNJOC2011286270 W 16th StShip Bottom$907,500
WithdrawnNJOC201387229 N 13th StreetSurf City$3,299,000

Once again we did not see any price reductions in the LBI real estate market which would invite the conclusion that the “overpriced” homes have left the market. Now, it looks like we are in a more balanced and stable sales market where the majority of sellers have priced their home in accordance with the current market (which is still very high). 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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