LBI Real Estate Daily Market Update October 10th 2023

LBI Real Estate Daily Market Update October 10th 2023

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 TypeMLS #AddressCityAreaCurrent Price
Coming SoonNJOC2021794446 Amber StBeach HavenLBI$1,325,000
New ActiveNJOC20212508211 Long Beach BlvdLong Beach TownshipLBI$1,399,000
Price DecreaseNJOC2020596510 N Bay Ave #203Beach HavenLBI$849,000
Price DecreaseNJOC20199783 Olsen AveHarvey CedarsLBI$2,799,999
PendingNJOC20206627301 Long Beach #D25Long Beach TownshipLBI$779,000
PendingNJOC201732667-D Long Beach BlvdLong Beach TownshipLBI$7,500,000
ClosedNJOC2019150129 32ndLong Beach TownshipLBI$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

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market.

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