LBI Real Estate Daily Market Update June 14th 2024

LBI Real Estate Daily Market Update June 14th 2024

Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 14th 2024

Long Beach Island Real Estate Sales Market Update June 14th 2024

Today’s LBI real estate market update finally saw some new listing activity! For the first time in well over a week, there were more new listings than pending sales. This is welcomed news for buyers in the Long Beach Island real estate market who continue to face a shortage of inventory and homes for sale on LBI. To top if all off, the mix of new listings in the LBI real estate market represents a range of styles and price points. Activity was as follows in the LBI real estate market today:

  • 0 new listings came up for sale in the LBI real estate market
  • 0 home went under contract on LBI
  • 0 home 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 June 14th 2024

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
Coming Soon NJOC2026562 325 S 2nd St Surf City LBI $998,000
Coming Soon NJOC2026492 259 S 2nd St Surf City LBI $1,899,000
New Active NJOC2026514 112 E Sailboat Dr Long Beach Township LBI $2,349,000
New Active NJOC2026100 4 Olsen Ave Harvey Cedars LBI $1,749,000
New Active NJOC2026438 107 E 19th Ship Bottom LBI $1,999,000
Price Decrease NJOC2024172 2109 Central Ave Ship Bottom LBI $715,000
Pending NJOC2018674 2705 Beach Ave Long Beach Township LBI $2,195,000

Even though there were only 7 changes to the LBI real estate market today, with 5 of them being new listings, today’s activity was a big help to buyers. Price ranges for new listings ranged from just under $1,000,000 for a bayside duplex in Surf City to $2,349,000 for an updated ocean block home in Brighton Beach. As we come into summer, we may see a small increase in inventory, like the one we saw today, as the market slows down some (as it usually does in summer) and more sellers list their homes. 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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