Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 15th 2022
Long Beach Island Real Estate Sales Market Update December 15th 2022
The LBI real estate sales market saw strong activity today. There were 2 new listings, one of which was a commercial listing. We have seen a higher-than-average number of commercial real estate be listed for sale over the past few weeks. It is difficult to guess the reason, but perhaps some businesses fear poor economic news and the threat of a recession. There was also a commercial transaction that closed today, so some buyers still have confidence in the commercial market! Today’s activity is as follows in the Long Beach Island real estate market.
- 2 new listings came up for sale in the LBI real estate market
- 1 home went under contract on LBI
- 3 homes sold on Long Beach Island
- 0 homes saw a price reduction in the LBI real estate market
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LBI Real Estate Daily Market Update December 15th 2022
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||Current Price|
|New Active||NJOC2015294||12904 Long Beach||Long Beach Township||$1,549,000|
|New Active||NJOC2015312||230 Fairview Ave||Beach Haven||$2,799,000|
|Active Under Contract||NJOC2013498||1817 Ocean Ave||Ship Bottom||$2,100,000|
|Closed||NJOC2011612||325 9th St||Beach Haven||$90,000|
|Closed||NJOC2007360||2602 Long Beach Blvd||Ship Bottom||$1,247,000|
|Closed||NJOC2009266||1621 N Long Beach Blvd||Surf City||$1,800,000|
|Withdrawn||NJOC2007356||2602 Long Beach Blvd||Ship Bottom||$1,395,000|
|Expired||NJOC2013296||11804 Sunset Ter||Long Beach Township||$3,995,000|
Once again, there were no price drops in the LBI real estate market today. This tells us that confidence is still high on the part of sellers, and that prices are more or less where they should be. With 2 new listings and 1 pending sale, it is safe to say that market activity is balanced. 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 | email@example.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
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