Long Beach Island NJ (LBI NJ) Real Estate Market Update for October 10th 2023
Long Beach Island Real Estate Sales Market Update October 10th 2023
It was another balanced day in the LBI real estate market today. There were an equal number of new listings and pending sales, which continues to be the trend on Long Beach Island. Inventory has slightly increased in the last few weeks, but we are still at historic lows with around 115-125 single-family homes for sale on Long Beach Island. Activity for today, October 10th 2023 was as follows:
- 2 new listings came up for sale in the LBI real estate market
- 2 homes went under contract on LBI
- 1 home sold on Long Beach Island
- 2 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 October 10th 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 |
Coming Soon | NJOC2021794 | 446 Amber St | Beach Haven | LBI | $1,325,000 |
New Active | NJOC2021250 | 8211 Long Beach Blvd | Long Beach Township | LBI | $1,399,000 |
Price Decrease | NJOC2020596 | 510 N Bay Ave #203 | Beach Haven | LBI | $849,000 |
Price Decrease | NJOC2019978 | 3 Olsen Ave | Harvey Cedars | LBI | $2,799,999 |
Pending | NJOC2020662 | 7301 Long Beach #D25 | Long Beach Township | LBI | $779,000 |
Pending | NJOC2017326 | 67-D Long Beach Blvd | Long Beach Township | LBI | $7,500,000 |
Closed | NJOC2019150 | 129 32nd | Long Beach Township | LBI | $1,900,000 |
It is interesting to see how homes in all price points are still attracting attention in the LBI real estate market. The two listings that went under contract today could not be more opposite. One was a condo and the other was a massive oceanfront home that was listed for nearly ten times the price of the condo! It shows that even though prices are high, there are still a wide array of homes and options in the Long Beach Island New Jersey real estate sales market. 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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