LBI Real Estate Daily Market Update Friday May 26th 2023

LBI Real Estate Daily Market Update Friday May 26th 2023

Long Beach Island NJ (LBI NJ) Real Estate Market Update for Friday May 26th 2023

Long Beach Island Real Estate Sales Market Update Friday May 26th 2023

It’s Friday of Memorial Weekend, the official, unofficial start to Summer. Before we get into the market activity for today, we should all take a moment to reflect on what the true meaning of this weekend is. We must honor the fallen heroes of our great nation. We must thank them, each in our own way, for the tremendous sacrifice they have made and the debt that can never be repaid. LBI real estate market activity is as follows:

  • 2 new listings came up for sale in the LBI real estate market
  • 0 homes went under contract on LBI
  • 4 homes sold on Long Beach Island
  • 1 home 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 Friday May 26th 2023

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

Last Change TypeMLS #AddressCityCurrent Price
Coming SoonNJOC20187547207 Sea Gull AveLong Beach Township$1,125,000
New ActiveNJOC2018802319 W 8th StShip Bottom$1,399,900
Price DecreaseNJOC201124448 A Long Beach BlvdLong Beach Township$2,050,000
ClosedNJOC2017292108 W 14th StBeach Haven$1,150,000
ClosedNJOC40952626 W Harding AveLong Beach Township$1,890,000
ClosedNJOC409190166-H Marina Dr #HLong Beach Township$4,395,000
ClosedNJOC2015600209 E South 33rd StLong Beach Township$5,200,000
Temporary Off MarketNJOC201624651 N 24th StreetSurf City$1,049,000
CanceledNJOC200135426 W Harding AveLong Beach Township$1,890,000

With four closed sales on the last business day before the weekend, it seems clear that some buyers were rushing to finalize their LBI real estate transaction before the start of the weekend. There were no pending sales today, which is not a surprise, but there was still robust activity throughout the market. The weather forecast is very good for the weekend, and everyone on Long Beach Island is expecting a busy kick off the summer 2023! 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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