Long Beach Island NJ Real Estate Daily Market Update March 30th 2020

LBI Real Estate Daily Market Update March 30th 2020

LBI Real Estate Daily Sales Update March 30th 2020

Long Beach Island Real Estate

LBI Real Estate Daily Market Update March 30th 2020: Today the LBI real estate market saw 8 changes in the MLS. Several of these were homes going back on the market. While we do not know the exact reason these deals fell apart, there is a good chance they are tied in some way to the coronavirus. We have seen several deals fall apart as a result of the stock market decline and a general fear of the illness. In spite of all this, there are still strong indicators that the LBI real estate market will be fine once this comes under control. 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:

  • 1 new listing entered the market
  • 0 listings went under contact
  • 2 properties sold on Long Beach Island
  • 3 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 30th 2020

Last Change TypeCatAddressCityCurrent Price 
New ActiveRES44 Division AveSurf City$969,000
New ActiveRES12 E 77th StHarvey Cedars$1,499,000
Back to ActiveRES44 Division Ave #ASurf City$479,000
Back to ActiveRES44 Division Ave #BSurf City$499,000
Back to ActiveRES1040-D Long Beach BlvdLong Beach Township$919,000
ClosedRES804 E Bay Club LnBeach Haven$765,000
ClosedRES306 N 4th StSurf City$1,075,000
WithdrawnRES12 E E 77th. St. St EHarvey Cedars$1,499,000

LBI New Jersey Real Estate Sales Analysis

While there were two closings today, three listings came back on the market. In fairness, two of these were an upstairs and downstairs condo but regardless, activity was not good today.We will keep an eye on activity as the weeks progress and in the meantime stay safe! For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI Real Estate Daily Market Update March 30th 2020 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

More LBI Real Estate Information:

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LBI NJ Real Estate Market Update March 30th 2019

Benefits of Multi-Family Homes in the LBI Real Estate Market

LBI Real Estate Daily Market Update March 27th 2020