Long Beach Island NJ (LBI NJ) Real Estate Market Update for Wednesday June 21st 2023
Long Beach Island Real Estate Sales Market Update Wednesday June 21st 2023
Happy first day of Summer 2023! Even though today was stormy, windy, and rainy, it is officially summer on Long Beach Island. The LBI real estate sales market agreed with the “summer fever”, as it showed an enormous number of pending sales today. LBI real estate transactions and changes to the MLS were as follows for today, LBI Real Estate Daily Market Update Wednesday June 21st 2023:
- 3 new listings came up for sale in the LBI real estate market
- 8 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 Wednesday June 21st 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 | NJOC2019320 | 323 Centre St | Beach Haven | $1,250,000 |
New Active | NJOC2019256 | 364 W 7th St | Ship Bottom | $849,000 |
New Active | NJOC2019294 | 5704 Long Beach | Long Beach Township | $899,900 |
Price Decrease | NJOC2018106 | 10101 Beach Ave | Long Beach Township | $2,575,000 |
Price Decrease | NJOC2018360 | 100 N. West Ave Ave #6 | Beach Haven | $145,000 |
Active Under Contract | NJOC2015364 | 10 W Joan Rd | Long Beach Township | $1,499,000 |
Pending | NJOC2017330 | 6412 Long Beach Blvd #B | Long Beach Township | $875,000 |
Pending | NJOC2016778 | 1032-A Long Beach Blvd | Long Beach Township | $1,350,000 |
Pending | NJOC2018372 | 510 N Bay Ave #309 | Beach Haven | $999,000 |
Pending | NJOC2018318 | 318 Centre St | Beach Haven | $1,250,000 |
Pending | NJOC2008242 | 1604 Bayview Ave | Barnegat Light | $2,499,000 |
Pending | NJOC2018440 | 124 W Harmony Ave | Long Beach Township | $2,499,000 |
Pending | NJOC2015058 | 1602 Bayview Ave | Barnegat Light | $2,499,000 |
It was clearly a day for pending sales today on Long Beach Island. Of the 13 changes to the MLS today in the sales market, 8 of them were pending sales. Buyer activity is clearly strong, and a correctly priced home will sell in the LBI real estate market. This further reduces the already low number of homes for sale. Currently, there are only 117 active single-family homes for sale on Long Beach Island, and it is a safe bet that a portion of them have an offer or are in contract already. 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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