Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 6th 2023
LBI Real Estate Daily Market Update July 6th 2023 
LBI Real Estate Daily Market Update July 6th 2023 
LBI Real Estate Daily Market Update July 6th 2023
Long Beach Island Real Estate Sales Market Update July 6th 2023
The LBI real estate market saw balanced activity today with a healthy mix of new listings, pending sales and sold homes. True to form, closings are still taking place as buyers are looking to move into a home for the summer season on Long Beach Island. Sales in the LBI real estate market were as follows:
- 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 July 6th 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 | Area | Current Price |
| New Active | NJOC2019574 | 401 Broadway #21A | Barnegat Light | LBI | $699,000 |
| New Active | NJOC2019352 | 2 W Bayberry Dr | Long Beach Township | LBI | $1,499,000 |
| Back to Active | NJOC2013576 | 1034-B Long Beach Blvd. Long Beach Twp | Long Beach Township | LBI | $1,749,000 |
| Active Under Contract | NJOC2019298 | 4 E 19th St | Long Beach Township | LBI | $1,499,000 |
| Closed | NJOC2018514 | 55 W Holly Dr | Long Beach Township | LBI | $1,600,000 |
| Closed | NJOC2018418 | 10 W Pershing Ave | Long Beach Township | LBI | $2,295,000 |
Inventory remains the big challenge facing buyers in the LBI real estate market. There are only around 110 active homes for sale, and it is a safe bet that about 15-20 of those have an offer or are in attorney review. This leaves very few options for those looking to purchase. It is likely we will see inventory rise over the summer, so there is hope for buyers on LBI! 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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