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 Type||MLS #||Address||City||Current Price|
|Coming Soon||NJOC2015592||4 E Jerome Ave||Beach Haven||$1,250,000|
|New Active||NJOC2015590||11804 Sunset Ter||Long Beach Township||$3,699,500|
|Active Under Contract||NJOC2015640||405 Central Ave||Ship Bottom||$780,000|
|Closed||NJOC2015368||25 N 13th Street||Surf City||$1,600,000|
|Closed||NJOC2014372||29 N 13th Street||Surf City||$1,600,000|
|Expired||NJOC2010896||12213 Ocean Ave||Long Beach Township||$5,499,000|
|Expired||NJOC2011602||1049-B Long Beach||Long 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 | firstname.lastname@example.org
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
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