LBI Real Estate Weekly Sales Update 02/14/2021-02/21/2021

LBI Real Estate Weekly Sales Update 02/14/2021-02/21/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/14/2021-02/21/2021

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 02/14/2021-02/21/2021: There were a total 76 changes to the Long Beach Island real estate market this week. The market continues to experience a shortage of inventory, but demand remains very high. Buyers seem to have a lot of confidence in the LBI real estate sales market. To help understand the dynamics of the 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 14 new listings entered the market with an average price of $1,610,764
  • 39 listings went under contract with an average listing price of about $1,327,328
  • 13 properties sold on Long Beach Island with an average price of $1,553,167
  • 5 listings were either withdrawn of expired in the LBI real estate market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

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 02/14/2021-02/21/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
Coming SoonNJOC4068402302 Central AveShip BottomLBI$825,000
Coming SoonNJOC4073661-D Sunset BlvdLong Beach TownshipLBI$1,695,000
New ActiveNJOC407254124 E 17th St #2Ship BottomLBI$329,900
New ActiveNJOC407260304 10th St StShip BottomLBI$695,000
New ActiveNJOC40706818 W RosemmaLong Beach TownshipLBI$879,000
New ActiveNJOC40736823 W SailboatLong Beach TownshipLBI$929,000
New ActiveNJOC4073762014 Beach AveLong Beach TownshipLBI$1,100,000
New ActiveNJOC4072947604 Ocean Blvd.Long Beach TownshipLBI$1,250,000
New ActiveNJOC407222124 East Lillie AveLong Beach TownshipLBI$1,499,900
New ActiveNJOC407242304 W 10th StShip BottomLBI$1,799,000
New ActiveNJOC406892411 N 3rd StSurf CityLBI$1,899,000
New ActiveNJOC40738212 E 17th StLong Beach TownshipLBI$2,100,000
New ActiveNJOC407334191 Nautilus DrLong Beach TownshipLBI$3,550,000
New ActiveNJOC407052126 Laguna LnLong Beach TownshipLBI$3,999,900
Back to ActiveNJOC40265012415 OceanLong Beach TownshipLBI$3,400,000
Back to ActiveNJOC1376261035 Long Beach BlvdLong Beach TownshipLBI$5,950,000
Price DecreaseNJOC4038961113-A Long BeachLong Beach TownshipLBI$2,925,000
Price DecreaseNJOC4039001113-A Long Beach #ALong Beach TownshipLBI$2,925,000
Price DecreaseNJOC4039041113-A Long Beach #ALong Beach TownshipLBI$2,925,000
Active Under ContractNJOC4013481000 N Bay Ave #3MBeach HavenLBI$429,000
Active Under ContractNJOC403626901 Ocean Ave #925Ship BottomLBI$695,000
Active Under ContractNJOC40711216 E NevadaLong Beach TownshipLBI$925,000
Active Under ContractNJOC4033205300 WestLong Beach TownshipLBI$997,000
Active Under ContractNJOC40691810 W 21st StLong Beach TownshipLBI$1,299,000
Active Under ContractNJOC406932316 N 12th StSurf CityLBI$1,350,000
Active Under ContractNJOC40712222 W New York Ave (84th Street)Long Beach TownshipLBI$1,395,000
Active Under ContractNJOC4058428 W 85thLong Beach TownshipLBI$1,499,000
Active Under ContractNJOC403700128 E OhioLong Beach TownshipLBI$2,529,000
Active Under ContractNJOC405104415 Jefferies AveBeach HavenLBI$2,800,000
PendingNJOC399416100-#8S WEST AVE N #U8Beach HavenLBI$129,000
PendingNJOC3910921801 S Long Beach BlvdShip BottomLBI$399,900
PendingNJOC4067561709 N Long Beach BlvdSurf CityLBI$525,000
PendingNJOC4067521709 N Long Beach BlvdSurf CityLBI$595,000
PendingNJOC405778201 W 28th StShip BottomLBI$739,000
PendingNJOC405964313 Centre StBeach HavenLBI$769,000
PendingNJOC4038269306 N Susan LnLong Beach TownshipLBI$799,999
PendingNJOC394474504 Central AveBarnegat LightLBI$825,000
PendingNJOC401908208 N Bay AveBeach HavenLBI$869,000
PendingNJOC40560219 W Jeanette AveLong Beach TownshipLBI$899,000
PendingNJOC407232279 N 11th StSurf CityLBI$925,000
PendingNJOC405624322 6th St WShip BottomLBI$929,900
PendingNJOC406608909 S Bay AveBeach HavenLBI$935,000
PendingNJOC4067501709 N Long Beach BlvdSurf CityLBI$1,045,000
PendingNJOC40401450 AmherstLong Beach TownshipLBI$1,199,000
PendingNJOC406222202 W 18th StShip BottomLBI$1,199,000
PendingNJOC405242507 Drexel AveShip BottomLBI$1,200,000
PendingNJOC4058261214 N Atlantic AveLong Beach TownshipLBI$1,399,000
PendingNJOC4054381214 N Atlantic AveLong Beach TownshipLBI$1,399,000
PendingNJOC4068561046-C-2 Long Beach Blvd #C-2Long Beach TownshipLBI$1,495,000
PendingNJOC4029801807 N Long Beach BlvdSurf CityLBI$1,495,000
PendingNJOC394510401 N Bay AveBeach HavenLBI$1,545,000
PendingNJOC403914107 E 27th StLong Beach TownshipLBI$1,565,000
PendingNJOC40553415 N 2nd StSurf CityLBI$1,599,000
PendingNJOC40618012614 Beach AvenueLong Beach TownshipLBI$1,725,000
PendingNJOC406318216 Jefferis AveBeach HavenLBI$1,750,000
PendingNJOC40343811 WebsterLong Beach TownshipLBI$2,499,000
PendingNJOC39741411 Lincoln AveLong Beach TownshipLBI$2,699,000
PendingNJOC406220123 E Texas AveLong Beach TownshipLBI$4,695,000
ClosedNJOC406472102 Roosevelt #BS12Long Beach TownshipLBI$35,000
ClosedNJOC4006807903 Long Beach Blvd #ALong Beach TownshipLBI$225,000
ClosedNJOC402830533-C Engleside Ave #CBeach HavenLBI$295,000
ClosedNJOC397156510 N Bay Ave #303Beach HavenLBI$699,000
ClosedNJOC402392307 W 17th StShip BottomLBI$887,500
ClosedNJOC40626810 44thLong Beach TownshipLBI$899,000
ClosedNJOC405766407 B Coral StBeach HavenLBI$950,000
ClosedNJOC402888125 23rd AveLong Beach TownshipLBI$1,220,000
ClosedNJOC405320217 Norwood AveBeach HavenLBI$1,550,000
ClosedNJOC4059744 Sandy Cove LaneLong Beach TownshipLBI$1,550,000
ClosedNJOC405328117 E 20th StShip BottomLBI$1,662,500
ClosedNJOC4043181900 Virginia AveBeach HavenLBI$4,000,000
ClosedNJOC400348123 ColoradoLong Beach TownshipLBI$4,700,000
Temporary Off MarketNJOC4031242200 N Long Beach BlvdSurf CityLBI$1,195,000
Temporary Off MarketNJOC4029402200 N Long Beach BlvdSurf CityLBI$1,195,000
CanceledNJOC405346199 Nautilus DrLong Beach TownshipLBI$4,495,000
ExpiredNJOC40165420 Lange AveHarvey CedarsLBI$849,000
ExpiredNJOC401672101 Essex AveBeach HavenLBI$5,400,000

LBI New Jersey Real Estate Sales Analysis

Nearly three times as many homes went under contract this week as were listed for sale. This highlights how hard it is for a buyer to find a good home, and why a buyer has to understand the LBI real estate market and what creates value. The average price of a sale is holding around $1,600,000 or so which is considerably higher than a year ago. 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 02/14/2021-02/21/2021 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:

Credit Scores in the LBI Real Estate Market

Conventional Mortgages in the LBI Real Estate Market

LBI Real Estate New and Active Listings in 2020

Adverse Possession in the LBI Real Estate Market

LBI Real Estate Deed-in-Lieu of Foreclosure