LBI Real Estate Weekly Sales 3/9/2020-3/15/2020

LBI Real Estate Weekly Sales 3/9/2020-3/15/2020



Long Beach Island Real Estate Weekly Sales Update

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 3/9/2020-3/15/2020: There were a total 92 changes to the Long Beach Island real estate market this week. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:

  • 22 new listings entered the market with an average price of $1,344,365
  • 14 listings went under contact with an average listing price of about $912,786
  • 9 properties sold on Long Beach Island with an average price of $1,137,000
  • 7 listings were either withdrawn of expired in the LBI real estate market

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 Weekly Sales 3/9/2020-3/15/2020

Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW ACTIVE means it is a new or re-listed home, PRICE DECREASE means the price was reduced, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.

Last Change TypeCatAddressCityCurrent Price – Decimal
Coming SoonRES12704 Long BeachLong Beach Township$1,199,000
Coming SoonRES415 2nd StBeach Haven$1,319,000
Coming SoonRES19 E 21stLong Beach Township$1,729,000
New ActiveRES2915 Long Beach Blvd #CLong Beach Township$279,000
New ActiveRES1000 N Bay Ave #M-11Beach Haven$525,000
New ActiveRES206 W Ship Bottom AveShip Bottom$711,000
New ActiveRES14 Osborn AveLong Beach Township$735,000
New ActiveRES406 Amber StBeach Haven$779,000
New ActiveMUL1 KimberlyLong Beach Township$799,000
New ActiveRES1 E KimberlyLong Beach Township$799,000
New ActiveRES19 E South 34th StLong Beach Township$905,000
New ActiveRES229 12th StBeach Haven$939,900
New ActiveRES1 FloridaLong Beach Township$999,500
New ActiveRES403 Tidal DrLong Beach Township$1,095,000
New ActiveRES358 N 6th StSurf City$1,100,000
New ActiveRES1078-E Long Beach Blvd #1Long Beach Township$1,149,000
New ActiveRES1078-E Long Beach Blvd #2Long Beach Township$1,149,000
New ActiveRES2803 Long BeachLong Beach Township$1,599,000
New ActiveRES155-C Long Beach Blvd.Long Beach Township$1,890,000
New ActiveRES247 OceanaLong Beach Township$1,975,000
New ActiveRES1605 N Ocean AveSurf City$2,100,000
New ActiveRES4403 OceanLong Beach Township$2,850,000
New ActiveRES134 E 20th StShip Bottom$4,295,000
Back to ActiveRES101 W 9th St #107Ship Bottom$589,000
Back to ActiveRES10 Cox AveHarvey Cedars$624,900
Back to ActiveRES325 Belvoir AveBeach Haven$1,200,000
Back to ActiveCOMB305 N Bay AveBeach Haven$1,399,000
Back to ActiveCOM305 N Bay AveBeach Haven$1,399,000
Back to ActiveLAND226 4th StreetBeach Haven$1,399,000
Price DecreaseCOM1901 Long Beach BlvdSurf City$199,000
Price DecreaseRES7700 Long Beach Blvd. #BLong Beach Township$339,000
Price DecreaseRES7903 Long Beach #BLong Beach Township$395,100
Price DecreaseRES9 W Carolina #2Long Beach Township$415,000
Price DecreaseLAND1405 Long Beach BlvdLong Beach Township$499,000
Price DecreaseRES1405 Long Beach BlvdLong Beach Township$499,000
Price DecreaseRES11 E 40th #U1Long Beach Township$524,000
Price DecreaseRES7711 Ocean #1Long Beach Township$549,999
Price DecreaseRES5406 Long Beach BlvdHarvey Cedars$575,000
Price DecreaseRES6302 Long Beach BlvdHarvey Cedars$749,999
Price DecreaseMUL319 5th StBeach Haven$789,000
Price DecreaseRES3 Lange AveHarvey Cedars$824,900
Price DecreaseMUL3 Lange AveHarvey Cedars$824,900
Price DecreaseRES8312 Long Beach BlvdHarvey Cedars$849,000
Price DecreaseRES1701 Bay TerraceLong Beach Township$979,000
Price DecreaseRES10 E 17th StBarnegat Light$1,049,000
Price DecreaseRES185 NautilusLong Beach Township$1,149,000
Price DecreaseRES9 E 44thLong Beach Township$1,375,000
Price DecreaseRES353 N 8th StSurf City$1,430,000
Price DecreaseRES1806 Bay TerLong Beach Township$1,469,000
Price DecreaseRES4903 S Long Beach BlvdLong Beach Township$1,499,000
Price DecreaseRES12711-Beach Ave. BeachLong Beach Township$1,549,000
Price DecreaseRES5000-B Long Beach Blvd #BLong Beach Township$1,695,000
Price DecreaseRES13 E Middlesex AveHarvey Cedars$1,735,000
Price DecreaseRES9 E Stanton AveLong Beach Township$1,800,000
Price DecreaseRES6802 Kent PlHarvey Cedars$1,985,000
Price DecreaseRES34 Lighthouse WayLong Beach Township$2,649,000
Active Under ContractMUL304 W 14th StShip Bottom$719,000
Active Under ContractRES279 N 6th StSurf City$899,000
Active Under ContractRES1040-D Long Beach BlvdLong Beach Township$919,000
Active Under ContractRES54 W 80th StHarvey Cedars$925,000
Active Under ContractRES61-D SunsetLong Beach Township$1,649,000
Active Under ContractRES2 Taylor AveBeach Haven$1,699,000
PendingRES20 Washington Ave #1Long Beach Township$339,000
PendingRES5517 West AveLong Beach Township$519,000
PendingRES19 Joan RdLong Beach Township$639,999
PendingRES104 E 32nd #2Long Beach Township$685,000
PendingRES113 E Delaware AveLong Beach Township$775,000
PendingRES27 N 2nd StSurf City$775,000
PendingMUL27 N 2nd StSurf City$775,000
PendingRES1411 Atlantic AveLong Beach Township$899,999
PendingRES6605 Long Beach BlvdHarvey Cedars$999,999
PendingRES332 W 4th StShip Bottom$1,099,000
PendingRES115 20thLong Beach Township$1,099,000
PendingRES145-A Long Beach #ALong Beach Township$1,228,000
PendingRES21 E Oceanview AveLong Beach Township$1,450,000
PendingRES222 E 2nd StBeach Haven$1,495,000
ClosedRES112 E 5th StShip Bottom$675,000
ClosedRES2904 Beach AveBeach Haven$715,000
ClosedRES164-B Long BeachLong Beach Township$800,000
ClosedRES4 E 30th StBarnegat Light$964,000
ClosedRES2 E KentuckyLong Beach Township$1,000,000
ClosedRES218 5th StBeach Haven$1,220,000
ClosedRES1409 S Beach AveBeach Haven$1,350,000
ClosedRES6403-A Long Beach Blvd #AHarvey Cedars$1,599,000
ClosedRES1005 Seaview AveBarnegat Light$1,910,000
WithdrawnLAND113 E Delaware AveLong Beach Township$775,000
CanceledRES2 E KentuckyLong Beach Township$999,000
CanceledRES1078 Long Beach Blvd #1Long Beach Township$1,149,000
CanceledRES1078-E Long Beach Blvd #2Long Beach Township$1,149,000
ExpiredRES14 E Jeanette AveLong Beach Township$729,000
ExpiredRES403 Tidal DrLong Beach Township$1,095,000
ExpiredRES247 OceanaLong Beach Township$1,975,000

LBI New Jersey Real Estate Sales Analysis

We are clearly in uncharted territory with the Cornovirus. The impact both globally and locally remains to be fully seen but for now, transactions are taking place on Long Beach Island. Buyer confidence seems to be holding steady and if the past is any indicator, the LBI real estate market will be fine. One interesting statistic to track in the common weeks is the number of homes that come back on the market. This can happen for any number of reasons (home inspections for example) but if we see a higher than average number of these taking place it could be a sign that buyers are stepping back. This week there were 5 listings that came back on the market. We will see what next week brings. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 3/9/2020-3/15/2020 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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