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 Type | MLS # | Address | City | Current Price |
Coming Soon | NJOC2018754 | 7207 Sea Gull Ave | Long Beach Township | $1,125,000 |
New Active | NJOC2018802 | 319 W 8th St | Ship Bottom | $1,399,900 |
Price Decrease | NJOC2011244 | 48 A Long Beach Blvd | Long Beach Township | $2,050,000 |
Closed | NJOC2017292 | 108 W 14th St | Beach Haven | $1,150,000 |
Closed | NJOC409526 | 26 W Harding Ave | Long Beach Township | $1,890,000 |
Closed | NJOC409190 | 166-H Marina Dr #H | Long Beach Township | $4,395,000 |
Closed | NJOC2015600 | 209 E South 33rd St | Long Beach Township | $5,200,000 |
Temporary Off Market | NJOC2016246 | 51 N 24th Street | Surf City | $1,049,000 |
Canceled | NJOC2001354 | 26 W Harding Ave | Long 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
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