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
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
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