LBI Real Estate Daily Market Update January 10th 2023

LBI Real Estate Daily Market Update January 10th 2023

Long Beach Island NJ (LBI NJ) Real Estate Market Update for January 10th 2023

Long Beach Island Real Estate Sales Market Update January 10th 2023

The LBI real estate market saw interesting activity today. There was once again a net loss of inventory with 1 pending sale and 2 expired listings with only 2 new listings to take their place. This highlights the major issue facing buyers in the current market.

  • 2 new listings came up for sale in the LBI real estate market
  • 1 home went under contract on LBI
  • 2 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 January 10th 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 SoonNJOC20155924 E Jerome AveBeach Haven$1,250,000
New ActiveNJOC201559011804 Sunset TerLong Beach Township$3,699,500
Active Under ContractNJOC2015640405 Central AveShip Bottom$780,000
ClosedNJOC201536825 N 13th StreetSurf City$1,600,000
ClosedNJOC201437229 N 13th StreetSurf City$1,600,000
ExpiredNJOC201089612213 Ocean AveLong Beach Township$5,499,000
ExpiredNJOC20116021049-B Long BeachLong Beach Township$3,500,000

Today’s market activity was spread out across several different categories. There were 2 new listings and 1 pending sale, so the overall activity was pretty balanced. Inventory remains very low in the Long Beach Island real estate market, which is the single biggest challenge facing today’s market. 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.

You May Also Like the following:

LBI Real Estate Bayside Sales November 2022

New Ferris Wheel at Fantasy Island

LBI Real Estate Daily Market Update January 7th 2023