LBI Real Estate Daily Market Update March 19th 2020

LBI Real Estate Daily Market Update March 19th 2020

Long Beach Island Real Estate Daily Sales Update March 19th 2020

Long Beach Island Real Estate

LBI Real Estate Daily Market Update March 19th 2020: There were a total 30 changes to the Long Beach Island real estate market today. As the world and the financial markets continue to deal with the coronavirus, it is helpful to still see strong activity in the LBI real estate market. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a daily, weekly, and monthly sales update for the Long Beach Island real estate market. You can access my monthly analysis of home sales here. The LBI real estate market saw the following activity today:

  • 19 new listings entered the market
  • 2 listings went under contact
  • 2 properties sold on Long Beach Island
  • 2 properties came back on the market for sale

By : Nathan Colmer | 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


LBI Real Estate Daily Market Update March 19th 2020

Last Change TypeCatAddressCityCurrent Price 
New ActiveLAND102 Rooservelt Ave W #10Long Beach Township$32,500
New ActiveRES15 W Sailboat LaneLong Beach Township$649,000
New ActiveRES510 N Bay Ave #2-7Beach Haven$659,000
New ActiveRES510 N Bay Ave #2-3Beach Haven$659,000
New ActiveRES510 N Bay Ave #2-8Beach Haven$679,000
New ActiveRES510 N Bay Ave #2-6Beach Haven$679,000
New ActiveRES510 N Bay Ave #3-7Beach Haven$689,000
New ActiveRES510 N Bay Ave #3-3Beach Haven$689,000
New ActiveRES510 N Bay Ave #3-8Beach Haven$699,000
New ActiveRES510 N Bay Ave #3-6Beach Haven$699,000
New ActiveRES510 N Bay Ave #3-4Beach Haven$699,000
New ActiveRES510 N Bay Ave #3-9Beach Haven$719,000
New ActiveRES510 N Bay Ave #2-9Beach Haven$719,000
New ActiveRES510 N Bay Ave #3-1Beach Haven$719,000
New ActiveRES510 N Bay Ave #3-2Beach Haven$729,000
New ActiveRES510 N Bay Ave #2-2Beach Haven$729,000
New ActiveRES510 N Bay Ave #3-10Beach Haven$779,000
New ActiveRES112 32ndLong Beach Township$799,900
New ActiveRES510 N Bay Ave #2-10Beach Haven$819,000
Back to ActiveRES256 Pompano DrLong Beach Township$1,395,000
Price DecreaseCOM10 W 17th StBarnegat Light$649,000
Price DecreaseRES10 W 17th StBarnegat Light$649,000
Price DecreaseRES24 W Connecticut (83rd St) AveLong Beach Township$1,149,000
Price DecreaseRES215 E 14th StLong Beach Township$2,550,000
Active Under ContractRES309 W 4th StShip Bottom$649,900
PendingRES30 W 5th St #16Barnegat Light$699,000
PendingRES258 N 12th StSurf City$999,000
ClosedRES312 N 5th StSurf City$612,500
ClosedRES5200 Long BeachLong Beach Township$705,000
ExpiredRES248 27th StShip Bottom$1,545,000

LBI New Jersey Real Estate Sales Analysis

So far we have not seen the coronavirus have an impact on the LBI real estate market but it is still very early on. The best way to track the impact of the coronavirus and the current economy is the number of homes back on the market. If this ends up being a higher than average number it could be a sign that the market is weakening. As for today’s activity, there were a higher than average number of new listings. That has to do with the Victoria Rose condo development coming online in Beach Haven. Other than this, activity was pretty standard for today. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 11/17/2019-11/24/2019 please do not hesitate to contact me.

More LBI Real Estate Information:

How Will The Coronavirus Impact the LBI Real Estate Market

LBI Real Estate Weekly Sales 3/9/2020-3/15/2020

How Long Does It Take To Sell A Home On Long Beach Island

LBI Real Estate Monthly Mortgage Payments

Clear Title in the LBI Real Estate Market