LBI Real Estate Daily Market Update December 15th 2022

LBI Real Estate Daily Market Update December 15th 2022

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

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


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 TypeMLS #AddressCityCurrent Price
New ActiveNJOC201529412904 Long BeachLong Beach Township$1,549,000
New ActiveNJOC2015312230 Fairview AveBeach Haven$2,799,000
Active Under ContractNJOC20134981817 Ocean AveShip Bottom$2,100,000
ClosedNJOC2011612325 9th StBeach Haven$90,000
ClosedNJOC20073602602 Long Beach BlvdShip Bottom$1,247,000
ClosedNJOC20092661621 N Long Beach BlvdSurf City$1,800,000
WithdrawnNJOC20073562602 Long Beach BlvdShip Bottom$1,395,000
ExpiredNJOC201329611804 Sunset TerLong 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 | 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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