Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 1st 2022
LBI Real Estate Daily Market Update December 1st 2022 
LBI Real Estate Daily Market Update December 1st 2022 
LBI Real Estate Daily Market Update December 1st 2022
Long Beach Island Real Estate Sales Market Update December 1st 2022
It was a very interesting day in the LBI real estate market. The entire day’s activity consisted of listings leaving the market! As we start the final month of 2022, it will be interesting to see how this year wraps up. Higher interest rates have been a concern, but market activity has been very strong in spite of this challenge.
- 0 new listings came up for sale in the LBI real estate market
- 0 home went under contract on LBI
- 5 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 1st 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 – Decimal |
| Closed | NJOC2012022 | 126 Amber St | Beach Haven | $2,325,000 |
| Closed | NJOC2010550 | 35 6th Street | Surf City | $2,899,000 |
| Closed | NJOC2014232 | 1615 Long Beach Blvd | Surf City | $1,500,000 |
| Closed | NJOC2013760 | 901 Ocean Ave #925 | Ship Bottom | $925,000 |
| Closed | NJOC2013798 | 7 E 68th St | Harvey Cedars | $1,625,000 |
| Temporary Off Market | NJOC2014068 | 1 Cedars Ave | Harvey Cedars | $1,679,000 |
| Temporary Off Market | NJOC2012796 | 51 N 21st St | Surf City | $2,895,000 |
| Canceled | NJOC2012662 | 317 N 13th St | Surf City | $2,250,000 |
| Expired | NJOC2011636 | 10 E Delaware Ave | Long Beach Township | $1,949,900 |
| Expired | NJOC2009012 | 222 N 19th St | Surf City | $1,939,000 |
| Expired | NJOC2008500 | 2 W Cleveland | Long Beach Township | $6,499,000 |
| Expired | NJOC2008222 | 142 Newport | Long Beach Township | $4,225,000 |
| Expired | NJOC2007388 | 321 W 16th St | Ship Bottom | $1,729,000 |
Today was a day of closing! Five transactions closed in the Long Beach Island real estate market today. There were no new listings, no pending sales, and no price reductions. The rest of the activity was homes either expiring or being withdrawn from the market. Inventory continues to be near an all-time low, with only around 120 single-family homes for sale in the LBI real estate market. The lowest we have seen was around 75, so we are not far off that mark! 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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