LBI Real Estate Weekly Sales Update 01/16/2022-01/2023/2022

LBI Real Estate Weekly Sales Update 01/16/2022-01/2023/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 01/16/2022-01/2023/2022

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 01/16/2022-01/2023/2022: There were only 39 changes to the Long Beach Island real estate market this week, and the vast majority of this activity was in the form of homes going under contract and sold homes! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 9 new listings entered the market with an average price of $1,765,667
  • 14 listings went under contract with an average listing price of about $1,478,957
  • 10 properties sold on Long Beach Island with an average price of $1,461,940
  • 2 listings saw price reductions in the LBI real estate market

By : Nathan Colmer | 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

LBI Real Estate Weekly Sales Update 01/16/2022-01/2023/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 TypeMLS #AddressCityAreaCurrent Price – Decimal
New ActiveNJOC20063722510 Long Beach Blvd #1BShip BottomLBI$725,000
New ActiveNJOC20065541712 Barnegat AveShip BottomLBI$1,249,000
New ActiveNJOC20065726 W Carolina AveLong Beach TownshipLBI$1,475,000
New ActiveNJOC2005488243 N 18th StSurf CityLBI$1,499,000
New ActiveNJOC200655822 E 10th StBarnegat LightLBI$1,499,000
New ActiveNJOC2006656115 9th StBeach HavenLBI$1,899,000
New ActiveNJOC2006614104 W 10th StShip BottomLBI$1,995,000
New ActiveNJOC20064182421 Long Beach BlvdShip BottomLBI$2,300,000
New ActiveNJOC200663842 Lighthouse WayLong Beach TownshipLBI$3,250,000
Back to ActiveNJOC2006118420 8th St #N3Beach HavenLBI$975,000
Back to ActiveNJOC2003852166-G Marina #GLong Beach TownshipLBI$4,995,000
Price DecreaseNJOC20041468602 Sandpiper LnHarvey CedarsLBI$1,299,000
Price IncreaseNJOC40947619 W Roosevelt AveLong Beach TownshipLBI$1,895,000
Active Under ContractNJOC2006216111 E 29th StShip BottomLBI$859,900
Active Under ContractNJOC200438815 W 16thLong Beach TownshipLBI$949,500
Active Under ContractNJOC200573850 AlbrightLong Beach TownshipLBI$1,349,000
Active Under ContractNJOC200625817 E 45thLong Beach TownshipLBI$1,599,999
Active Under ContractNJOC20000374 E 23rd StreetLong Beach TownshipLBI$1,895,000
Active Under ContractNJOC20025525 W 19th StLong Beach TownshipLBI$2,100,000
Active Under ContractNJOC410766117 Centre StBeach HavenLBI$2,250,000
Active Under ContractNJOC20032801214 AtlanticLong Beach TownshipLBI$3,399,999
PendingNJOC20032603-A W Louisiana AveLong Beach TownshipLBI$639,000
PendingNJOC2006174356 N 5th StSurf CityLBI$825,000
PendingNJOC2001044120 N Bay AveBeach HavenLBI$999,000
PendingNJOC20064305 Louisiana AveLong Beach TownshipLBI$1,199,000
PendingNJOC20062741313 S Bay AveBeach HavenLBI$1,250,000
PendingNJOC2004596245 W 19th StShip BottomLBI$1,390,000
ClosedNJOC200487823 N 10th StSurf CityLBI$9,400
ClosedNJOC2004450111 W 18th St #2Ship BottomLBI$385,000
ClosedNJOC20042161001 Ocean #1011Ship BottomLBI$775,000
ClosedNJOC20039804302 Long Beach BlvdLong Beach TownshipLBI$1,100,000
ClosedNJOC20002251 E StantonLong Beach TownshipLBI$1,475,000
ClosedNJOC200207883 N OhioLong Beach TownshipLBI$1,500,000
ClosedNJOC20034702510 AtlanticLong Beach TownshipLBI$1,550,000
ClosedNJOC2004572386 N 5th StSurf CityLBI$2,225,000
ClosedNJOC40866212 E 30th StBarnegat LightLBI$2,650,000
ClosedNJOC40838427 E HarmonyLong Beach TownshipLBI$2,950,000
WithdrawnNJOC20062427 S Central AveSurf CityLBI$1,999,000
CanceledNJOC20055444 Arts LnLong Beach TownshipLBI$2,475,000

LBI New Jersey Real Estate Sales Analysis

Overall, the past week in the LBI real estate market saw a significant reduction in inventory. Buyers are still facing significant challenges in finding the right home for sale. Hopefully, we will see some more inventory come on the market which, if past trends hold true, we will see in the next few weeks. Currently, there are 129 active listings in the MLS this week and 108 pending sales. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 01/16/2022-01/2023/2022 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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