Long Beach Island NJ (LBI NJ) Real Estate Market Update for Monday May 15th 2023
LBI Real Estate Daily Market Update Monday May 15th 2023 
LBI Real Estate Daily Market Update Monday May 15th 2023 
LBI Real Estate Daily Market Update Monday May 15th 2023
Long Beach Island Real Estate Sales Market Update Monday May 15th 2023
The week started off on a very busy note. There were a higher-than-average number of pending sales today. This is not surprising as we saw a slight increase in the number of homes for sale on Long Beach Island last week. With this new inventory, it is expected that buyers who have been active in the market will jump on the new opportunities as they present themselves. Sales for the LBI real estate market today were as follows:
- 3 new listings came up for sale in the LBI real estate market
- 4 home went under contract on LBI
- 1 home sold on Long Beach Island
- 3 homes saw a price reduction in the LBI real estate market, and 1 home saw a price increase
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Daily Market Update Monday May 15th 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 | Area | Current Price |
| New Active | NJOC2018490 | 0 9th St #A-6 | Beach Haven | LBI | $1,050,000 |
| New Active | NJOC2018418 | 10 W Pershing Ave | Long Beach Township | LBI | $2,395,000 |
| New Active | NJOC2017890 | 124 E 12th St | Ship Bottom | LBI | $2,395,000 |
| Price Decrease | NJOC2016738 | 356 N 5th St | Surf City | LBI | $2,435,000 |
| Price Decrease | NJOC2017606 | 67 Cedars Avenue | Harvey Cedars | LBI | $2,495,000 |
| Price Decrease | NJOC2018256 | 101 N 1st St | Surf City | LBI | $1,999,999 |
| Price Increase | NJOC2018106 | 10101 Beach Ave | Long Beach Township | LBI | $2,695,000 |
| Active Under Contract | NJOC2016652 | 210 E 23rd St | Long Beach Township | LBI | $2,620,000 |
| Pending | NJOC2015566 | 5-W S 32nd | Long Beach Township | LBI | $3,775,000 |
| Pending | NJOC2014674 | 83 W Tebco #C | Long Beach Township | LBI | $1,999,995 |
| Pending | NJOC2018114 | 1001 Ocean Ave #1003 | Ship Bottom | LBI | $1,125,000 |
| Closed | NJOC2016472 | 2806 Long Beach Blvd | Long Beach Township | LBI | $1,187,000 |
| Expired | NJOC2014134 | 1715 N Long Beach Blvd | Surf City | LBI | $1,399,000 |
The LBI real estate market continued to show its stability and balance. There were a few new listings today and several pending sales. Much of the pending home sale activity was in the form of new construction. Overall, buyer confidence looks to still be strong on Long Beach Island. 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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