LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021

LBI Real Estate Weekly Sales Update 02/21/2021-02/28/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/21/2021-02/28/2021

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 02/21/2021-02/28/2021: There were a total 74 changes to the Long Beach Island real estate market this week. In the pre-COVID market, this would have been a rather slow week however in the current market, this is a normal amount of activity thanks to the low levels of inventory. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 10 new listings entered the market with an average price of $1,549,540
  • 25 listings went under contract with an average listing price of about $1,192,624
  • 22 properties sold on Long Beach Island with an average price of $1,120,859
  • 13 listings were either withdrawn of expired in the LBI real estate market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 02/21/2021-02/28/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC407422362 N 1st StSurf CityLBI$1,500,000
Coming SoonNJOC200002244 Harbor DrLong Beach TownshipLBI$1,799,000
New ActiveNJOC2000018500 N Bay Ave #DBeach HavenLBI$725,000
New ActiveNJOC40706818 W RosemmaLong Beach TownshipLBI$879,000
New ActiveNJOC20000664300-F Long BeachLong Beach TownshipLBI$899,499
New ActiveNJOC407200275 W 27th StShip BottomLBI$999,000
New ActiveNJOC407464161 Long Beach #DLong Beach TownshipLBI$1,400,000
New ActiveNJOC40747815 S 2nd StSurf CityLBI$1,599,000
New ActiveNJOC4073661-D Sunset BlvdLong Beach TownshipLBI$1,695,000
New ActiveNJOC407052126 Laguna LnLong Beach TownshipLBI$3,999,900
Back to ActiveNJOC40618622 Bond AveLong Beach TownshipLBI$2,295,000
Price DecreaseNJOC406554112 N 3rd StSurf CityLBI$849,000
Price DecreaseNJOC397518215 Centre StBeach HavenLBI$1,489,000
Price IncreaseNJOC407260304 10th St StShip BottomLBI$795,000
Active Under ContractNJOC407254124 E 17th St #2Ship BottomLBI$329,900
Active Under ContractNJOC406958511 Barnegat AveShip BottomLBI$635,000
Active Under ContractNJOC393004508 Central AveShip BottomLBI$699,900
Active Under ContractNJOC393002508 Central AveShip BottomLBI$699,900
Active Under ContractNJOC3985401406 Bayview AveBarnegat LightLBI$799,000
Active Under ContractNJOC406550109 N 3rd StSurf CityLBI$819,000
Active Under ContractNJOC40620619 W HarringtonLong Beach TownshipLBI$839,000
Active Under ContractNJOC40736823 W SailboatLong Beach TownshipLBI$929,000
Active Under ContractNJOC4073762014 Beach AveLong Beach TownshipLBI$1,100,000
Active Under ContractNJOC4062161124-A Long BeachLong Beach TownshipLBI$1,345,000
Active Under ContractNJOC40548420 W Lillie AveLong Beach TownshipLBI$1,899,000
Active Under ContractNJOC4066548302 Beach AveLong Beach TownshipLBI$1,924,999
Active Under ContractNJOC405104415 Jefferies AveBeach HavenLBI$2,800,000
PendingNJOC40721217 E 76th Unit 7 StHarvey CedarsLBI$140,000
PendingNJOC403456137 E Maryland Ave E #4Long Beach TownshipLBI$499,000
PendingNJOC405680130 Chatsworth Ave #7Beach HavenLBI$574,900
PendingNJOC397150510 N Bay Ave #203Beach HavenLBI$679,000
PendingNJOC397160510 N Bay Ave #206Beach HavenLBI$689,000
PendingNJOC2000024504 Central AveBarnegat LightLBI$825,000
PendingNJOC4068481013-A Long Beach Boulevard #ALong Beach TownshipLBI$1,195,000
PendingNJOC406932316 N 12th StSurf CityLBI$1,350,000
PendingNJOC40681461 Adrian RdLong Beach TownshipLBI$1,475,000
PendingNJOC4042527403 Ocean BlvdLong Beach TownshipLBI$1,524,000
PendingNJOC4074146809 Suffolk PlHarvey CedarsLBI$1,750,000
PendingNJOC405818123 Mariners LnLong Beach TownshipLBI$4,295,000
ClosedNJOC406472102 Roosevelt #BS12Long Beach TownshipLBI$35,000
ClosedNJOC405090333 N 7th StreetSurf CityLBI$735,000
ClosedNJOC397182510 N Bay Ave #309Beach HavenLBI$749,000
ClosedNJOC405888300 W 18th StShip BottomLBI$750,000
ClosedNJOC39696814 OsbornLong Beach TownshipLBI$755,000
ClosedNJOC4056141001 Ocean Ave #1021Ship BottomLBI$783,000
ClosedNJOC404862346 W 5th StShip BottomLBI$800,000
ClosedNJOC4060966 W Susan AveLong Beach TownshipLBI$850,000
ClosedNJOC4044722 W WinifredLong Beach TownshipLBI$924,500
ClosedNJOC406334105 S Barnegat AveSurf CityLBI$940,000
ClosedNJOC404684109 E Mermaid LaneLong Beach TownshipLBI$975,000
ClosedNJOC40695616 W S AveBeach HavenLBI$975,000
ClosedNJOC40140836 N 4th StSurf CityLBI$1,087,500
ClosedNJOC404842124 8th StBeach HavenLBI$1,100,000
ClosedNJOC40643418 E 8th StBarnegat LightLBI$1,150,000
ClosedNJOC402888125 23rd AveLong Beach TownshipLBI$1,220,000
ClosedNJOC4032681023-B Long Beach BlvdLong Beach TownshipLBI$1,465,000
ClosedNJOC40553415 N 2nd StSurf CityLBI$1,550,000
ClosedNJOC40618012614 Beach AvenueLong Beach TownshipLBI$1,705,000
ClosedNJOC4058121016-B Long Beach Blvd #BLong Beach TownshipLBI$1,775,000
ClosedNJOC40593428 Kinsey LnHarvey CedarsLBI$1,935,000
ClosedNJOC40287028 E 35thLong Beach TownshipLBI$2,399,900
Temporary Off MarketNJOC405346199 Nautilus DrLong Beach TownshipLBI$4,495,000
WithdrawnNJOC4068743205 Ocean #1Long Beach TownshipLBI$105,000
WithdrawnNJOC4010963205 Ocean #7Long Beach TownshipLBI$109,000
WithdrawnNJOC1376383205 Ocean Unit 8 BlvdLong Beach TownshipLBI$119,000
WithdrawnNJOC40492411 E Mercer Ave #5Harvey CedarsLBI$139,000
WithdrawnNJOC394474504 Central AveBarnegat LightLBI$825,000
WithdrawnNJOC4044189306 Mark DriveLong Beach TownshipLBI$1,599,000
CanceledNJOC14526416 Shore Ave #ASurf CityLBI$499,900
CanceledNJOC14743416 Shore Ave #ASurf CityLBI$499,900
ExpiredNJOC4021581607 Sunset AveSurf CityLBI$639,000
ExpiredNJOC402004531 Engleside AveBeach HavenLBI$965,000
ExpiredNJOC40191426 N 24th StSurf CityLBI$1,100,000
ExpiredNJOC3960121415 BeachLong Beach TownshipLBI$1,749,999

LBI New Jersey Real Estate Sales Analysis

As we have seen for the past year, the number of pending and closed transactions far outweighed the number of new listings coming on the market. As we end February, it is clear that buyer activity and the confidence level of buyers in the Long Beach Island real estate market is very high. The market still favors both buyers and sellers, so for the time being we seem to be in a very active and highly competitive market. 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 02/21/2021-02/28/2021 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

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