Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 8th 2023
LBI Real Estate Daily Market Update June 8th 2023 
LBI Real Estate Daily Market Update June 8th 2023 
LBI Real Estate Daily Market Update June 8th 2023
Long Beach Island Real Estate Sales Market Update June 8th 2023
The Long Beach Island NJ real estate sales market had a pretty busy day! There were a total of 11 changes to the MLS, with a good mix of overall activity. Pending sales were higher today, showing buyers are getting ready for the summer sales season. Activity in the 08008 zip code was as follows:
- 1 new listing came up for sale in the LBI real estate market
- 3 homes went under contract on LBI
- 2 homes sold on Long Beach Island
- 3 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 8th 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 | NJOC2019034 | 3705 S Long Beach Blvd | Long Beach Township | $4,850,000 |
| Back to Active | NJOC2018438 | 5-East 15th | Long Beach Township | $2,300,000 |
| Price Decrease | NJOC2015334 | 108, 110 N Bay Ave | Beach Haven | $1,350,000 |
| Price Decrease | NJOC2017010 | 214 Iroquois Ave | Beach Haven | $2,199,000 |
| Price Decrease | NJOC2015312 | 230 Fairview Ave | Beach Haven | $2,749,000 |
| Active Under Contract | NJOC2018262 | 7403 Long Beach Blvd | Harvey Cedars | $1,100,000 |
| Pending | NJOC2015148 | 8001 Long Beach Blvd | Harvey Cedars | $1,599,000 |
| Pending | NJOC2014156 | 116 E Jerome Ave | Long Beach Township | $2,495,000 |
| Closed | NJOC2007888 | 1096-B-West Unit Long Beach Blvd | Long Beach Township | $2,395,000 |
| Closed | NJOC2015596 | 127-C Long Beach Blvd | Long Beach Township | $3,500,000 |
| Canceled | NJOC2015118 | 232 W 16th St W | Ship Bottom | $1,695,000 |
There were a higher than normal number of price drops in the market today, but much of this has to do with sellers not fully understanding the LBI real estate market. As we can see time and time again, a well priced home that is in line with the current market will sell, and often will sell with multiple offers! There was also a price increase in the market with the home on 15th Street as a result of pricing too low and receiving too many offers! 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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