LBI Real Estate Weekly Sales Update 01/23/2022-01/30/2022

LBI Real Estate Weekly Sales Update 01/23/2022-01/30/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 01/23/2022-01/30/2022

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 01/23/2022-01/30/2022: As January of 2022 comes to a close, saw another week of very limited activity in the LBI real estate market. This lack of activity has nothing to do with lower interest, but rather the simple fact there are not enough homes for sale on Long Beach Island! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 11 new listings entered the market with an average price of $1,640,636
  • 16 listings went under contract with an average listing price of about $1,309,187
  • 4 properties sold on Long Beach Island with an average price of $1,214,250
  • 2 listings saw price reductions in the LBI real estate market and one home raised its sales price

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 01/23/2022-01/30/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New ActiveNJOC2006262102 Roosevelt #BS9,27,28,29,BS30Long Beach TownshipLBI$125,000
New ActiveNJOC20068562202 Central Ave #2Ship BottomLBI$399,000
New ActiveNJOC20068522202 Central Ave #3Ship BottomLBI$425,000
New ActiveNJOC2006254105 Maryland Ave AveLong Beach TownshipLBI$1,100,000
New ActiveNJOC2006038105 MarylandLong Beach TownshipLBI$1,100,000
New ActiveNJOC20068482202 Central AveShip BottomLBI$1,200,000
New ActiveNJOC20069203903 Long Beach BlvdLong Beach TownshipLBI$1,250,000
New ActiveNJOC2006648109 E Connecticut Ave.Long Beach TownshipLBI$1,399,000
New ActiveNJOC20067727-A W 82nd StHarvey CedarsLBI$2,300,000
New ActiveNJOC2005164115 E MermaidLong Beach TownshipLBI$2,899,000
New ActiveNJOC20055981017-C Long Beach BlvdLong Beach TownshipLBI$5,850,000
Price DecreaseNJOC2004192107 W 18th StShip BottomLBI$798,000
Price DecreaseNJOC2003122107 W 18th StShip BottomLBI$798,000
Price IncreaseNJOC20055404 E Arts LnLong Beach TownshipLBI$5,495,000
Active Under ContractNJOC200262220 Amber St #E6Beach HavenLBI$439,000
Active Under ContractNJOC20045521401 Long Beach BoulevardLong Beach TownshipLBI$799,000
Active Under ContractNJOC200635222 E Weldon PlLong Beach TownshipLBI$1,100,000
Active Under ContractNJOC200634222 E Weldon PlLong Beach TownshipLBI$1,100,000
Active Under ContractNJOC20065541712 Barnegat AveShip BottomLBI$1,249,000
Active Under ContractNJOC20063481002 N Beach AveBeach HavenLBI$1,435,000
Active Under ContractNJOC20062381002 N Beach AveBeach HavenLBI$1,435,000
PendingNJOC200692813302 Long BeachLong Beach TownshipLBI$2,000.00
PendingNJOC2000005111 E 26th StShip BottomLBI$825,000
PendingNJOC2006118420 8th St #N3Beach HavenLBI$975,000
PendingNJOC20041542020 Long Beach Blvd #2-C (SW)Ship BottomLBI$999,000
PendingNJOC200670213400 Pacific AveLong Beach TownshipLBI$1,495,000
PendingNJOC200377452-C Long Beach BlvdLong Beach TownshipLBI$1,499,000
PendingNJOC200625817 E 45thLong Beach TownshipLBI$1,599,999
PendingNJOC20005522011 E Bay TerShip BottomLBI$2,595,000
PendingNJOC20032801214 AtlanticLong Beach TownshipLBI$3,399,999
ClosedNJOC410350102 Rooservelt Ave W #BS – 22Long Beach TownshipLBI$29,000
ClosedNJOC2004342245 S 2nd StSurf CityLBI$929,000
ClosedNJOC20051362501 Beach AveLong Beach TownshipLBI$1,250,000
ClosedNJOC40986670 W California AveLong Beach TownshipLBI$2,649,000
WithdrawnNJOC2001628510 N Bay Ave #309Beach HavenLBI$999,000
WithdrawnNJOC2004464122 E 29th StShip BottomLBI$1,799,000
WithdrawnNJOC20062427 S Central AveSurf CityLBI$1,999,000
CanceledNJOC409798333 W 6th StShip BottomLBI$989,000
ExpiredNJOC40962612 E 78th St #7Harvey CedarsLBI$125,000

LBI New Jersey Real Estate Sales Analysis

January and February are, historically, some of the busiest months for new listings coming on the market. As we end January, that did not prove to be the case. Inventory has actually fallen since the month began, with fewer homes on the market now than three were in December. For the moment at least, buyers will continue to operate in a low inventory environment, which will most likely lead to prices continuing to rise. There are 125 active listings in the MLS this week and 118 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 01/23/2022-01/30/2022 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

More LBI Real Estate Information:

Selling LBI Real Estate in Winter 2022

Is Buying a Home in the LBI NJ Real Estate Market Right for You?

Four Key LBI Real Estate Market Trends

Remote Working Has Changed the LBI Real Estate Market