Long Beach Island NJ (LBI NJ) Real Estate Market Update for October 25th 2024
Long Beach Island Real Estate Sales Market Update October 25th 2024
Today’s LBI real estate market update showed average activity with a mix of new listings, pending sales and closed transactions. We have seen an increase in the number of homes for sale on Long Beach Island, although inventory is still a fraction of what it was prior to COVID. We are still seeing a near perfect balance of new listings and pending sales each week, and today’s market activity highlights this very well. Acvitiy in the Long Beach Island NJ real estate market was as follows for today:
- 2 new listings came up for sale in the LBI real estate market
- 1 home went under contract on LBI
- 2 home sold on Long Beach Island
- 0 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 25th 2024
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 | NJOC2029724 | 334 Leeward Avenue | Beach Haven | LBI Real Estate Market | $2,500,000 |
| New Active | NJOC2029662 | 122 E 20th St | Ship Bottom | LBI Real Estate Market | $2,195,000 |
| Pending | NJOC2027044 | 7 James St | Harvey Cedars | LBI Real Estate Market | $2,595,000 |
| Closed | NJOC2028046 | 13302 Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $17,600 |
| Closed | NJOC2027600 | 101 W 9th St #307 | Ship Bottom | LBI Real Estate Market | $990,000 |
Today’s LBI real estate market activity showed a range of price points and home styles. It is worth mentioning that one of the two closed sales was a commercial rental, but the other was a popular condo located in Ship Bottom. The new inventory was centered around single-family homes priced over $2,000,000, which is the same price point as the pending sale today. This shows how balanced the Long Beach Island NJ real estate market is as new inventory is replacing homes that are selling! 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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