Bayside Single Family Home Sales in the Long Beach Island Real Estate Market
LBI Real Estate Single Family Oceanside Home Sales in 2019 
LBI Real Estate Single Family Oceanside Home Sales in 2019 
LBI Real Estate Single Family Oceanside Home Sales in 2019
Long Beach Island Real Estate Single Family Home Sales 2019
Stability was the key word for the Long Beach Island NJ real estate market in 2019. While the average price of a single family home and condo increased slightly and there were a few more closed transactions in 2019 compared to 2018, stability is the best term for the LBI market in 2019. Perhaps in no other segment of the LBI real estate market is this more evident than in the bayside market. 2019 and 2018 saw the exact same number of closed single family homes in both years! The bayside was also the most active area of Long Beach Island in both years. Sales in 2019 were as follows:
- There were 223 sold single family homes on the oceanside in 2019
- The average price of a home was $767,254
- While the same number of homes sold in 2018 and 2019, the average price of a home was lower in 2019.
By : Nathan Colmer | 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
LBI Real Estate Single Family Bayside Home Sales in 2019
Below is a chart of all single family homes sold on the bayside and bay block areas of the LBI real estate market over the past five years:
| Primary Year | Sales, Number of | Sale Price, Average |
| 2015 | 97 | $674,515 |
| 2016 | 203 | $661,128 |
| 2017 | 241 | $675,606 |
| 2018 | 223 | $818,846 |
| 2019 | 223 | $767,254 |
The market has certainly been active on the bayside! Compared to the oceanfront, oceanblock and oceanside, there were more than double the number of closed transactions on the bayside. While to be far the bayside covers more land area on Long Beach Island, especially in towns like Ship Bottom and Surf City, most buyers naturally gravitate to being closer to the beach. Looking at the data over the past 5 years we see a much slower rate of appreciation than has been witnessed on the oceanside, oceanblock and especially oceanfront. The bayside was actually the only area to decrease in value in 2019! This certainly does not mean the bayside is a bad investment, rather the bayside is more likely to see lower priced homes trade and less new construction than the oceanside, oceanblock and oceanfront areas see.
Long Beach Island Real Estate Market Sales in 2019
Overall 2019 was a good year for the Long Beach Island real estate market. Sales and prices were generally higher and buyer confidence seems to be very strong. While the bayside did see a decrease, it is important to remember that averages can be heavily influenced by the type of homes that are transacting. As I mentioned above, new construction is more common east of Long Beach Blvd, especially in the spec and investment market. These higher priced sales can elevate the entire market and the absence of them on the bayside, which is more of an end user market, keeps those averages lower. If you have any questions about LBI Real Estate Single-Family Bayside Home Sales in 2019 or 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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