Long Beach Island NJ (LBI NJ) Real Estate Market Update for September 27th 2023
Long Beach Island Real Estate Sales Market Update September 27th 2023
Today was an active day in the Long Beach Island NJ real estate sales market. There was a mix of new listings and pending sale, and while inventory remains low, several new homes came on the market today. Buyers still have to contend with lower than usual inventory, but the fall listing season has proven to once again give the LBI real estate market some new listings to consider. Activity for today was as follows:
- 6 new listings came up for sale in the LBI real estate market
- 5 homes went under contract on LBI
- 0 homes 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 September 27th 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 | Current Price |
New Active | NJOC2021540 | 9 44th | Long Beach Township | $2,350,000 |
New Active | NJOC2021424 | 146-E Long Beach | Long Beach Township | $6,495,000 |
New Active | NJOC2021388 | 316 N 8th St | Surf City | $1,050,000 |
New Active | NJOC2021514 | 15 W Mears Ave | Long Beach Township | $3,195,000 |
New Active | NJOC2021414 | 1 La Baia | Long Beach Township | $1,699,000 |
New Active | NJOC2021426 | 435 N 3rd St | Surf City | $1,499,000 |
Price Decrease | NJOC2020094 | 51 N 21st St | Surf City | $2,745,000 |
Price Decrease | NJOC2021102 | 2 Tennessee | Long Beach Township | $2,399,000 |
Active Under Contract | NJOC2020924 | 2508 Beach | Long Beach Township | $3,299,999 |
Active Under Contract | NJOC2019780 | 1110 S Beach Ave | Beach Haven | $2,999,000 |
Active Under Contract | NJOC2021114 | 120 W Yarmouth Ct | Long Beach Township | $2,899,000 |
Pending | NJOC2018722 | 321 W 16th St | Ship Bottom | $2,149,000 |
Pending | NJOC2020072 | 19 Buckingham Ave | Harvey Cedars | $4,395,000 |
As has been the case, the market is more or less in a state of balance between new listings and pending sales. Today there were 6 new listings and 5 pending sales, so there was only a new gain on of 1 new home for sale in the LBI real estate market. That said, a gain is still a gain, and even this small increase is another option for a home buyer on Long Beach Island to consider. 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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