LBI Real Estate Weekly Sales Update 02/27/2022-03/06/2022

LBI Real Estate Weekly Sales Update 02/27/2022-03/06/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 02/27/2022-03/06/2022

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 02/27/2022-03/06/2022: There were 60 changes to the Long Beach Island real estate market this week, which is a significant increase over the past few weeks. This is likely to continue as we come closer to the summer season. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 15 new listings entered the market with an average price of $1,986,400 (driven higher by an oceanfront for $6,500,000)
  • 17 listings went under contract with an average listing price of about $1,372,909
  • 11 properties sold on Long Beach Island with an average price of $1,412,083
  • 5 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 02/27/2022-03/06/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityCurrent Price – Decimal
Coming SoonNJOC2007968116 N 15th StSurf City$599,000
Coming SoonNJOC20080661001 Ocean Ave #1016Ship Bottom$1,299,000
New ActiveNJOC20080001307 Long Beach BlvdLong Beach Township$999,000
New ActiveNJOC20078402 E 14th StLong Beach Township$1,149,000
New ActiveNJOC2007814254 N 3rd StSurf City$1,199,000
New ActiveNJOC20080602508 BeachLong Beach Township$1,250,000
New ActiveNJOC2007732224 5th StBeach Haven$1,390,000
New ActiveNJOC2007926109 E 28th StLong Beach Township$1,399,000
New ActiveNJOC2007928109 E 28th StLong Beach Township$1,399,000
New ActiveNJOC20079501 E 68th StHarvey Cedars$1,525,000
New ActiveNJOC2007874119 E 24th StreetLong Beach Township$1,799,000
New ActiveNJOC20078881096-B-West Unit Long Beach BlvdLong Beach Township$2,395,000
New ActiveNJOC20078841096-B-East Unit Long Beach BlvdLong Beach Township$2,395,000
New ActiveNJOC20060786808 Kent PlHarvey Cedars$4,499,000
New ActiveNJOC20080361117 Long Beach BlvdLong Beach Township$6,500,000
Back to ActiveNJOC20070425011 Long Beach BlvdLong Beach Township$2,499,000
Back to ActiveNJOC2006984304 Iroquois AveBeach Haven$2,795,000
Price DecreaseNJOC2007754111 W 18th St #2Ship Bottom$489,000
Price DecreaseNJOC2003656369 W 8th St #4Ship Bottom$940,000
Price DecreaseNJOC20073602602 Long Beach BlvdShip Bottom$1,395,000
Price DecreaseNJOC20073562602 Long Beach BlvdShip Bottom$1,395,000
Price DecreaseNJOC20077989-B W Bergen AveHarvey Cedars$2,700,000
Price IncreaseNJOC20075725 E Louisiana AveLong Beach Township$2,495,000
Active Under ContractNJOC20024561615 Central Ave #4Ship Bottom$499,900
Active Under ContractNJOC200781212007 Sunset TerLong Beach Township$949,000
Active Under ContractNJOC2007620209 Jefferis AveBeach Haven$1,599,000
Active Under ContractNJOC200719084b BayviewLong Beach Township$4,995,000
PendingNJOC2007898102 Roosevelt #BS6Long Beach Township$30,000
PendingNJOC200438815 W 16thLong Beach Township$949,500
PendingNJOC200777613 W Washington AveLong Beach Township$1,100,000
PendingNJOC2006254105 Maryland Ave AveLong Beach Township$1,100,000
PendingNJOC2006038105 MarylandLong Beach Township$1,100,000
PendingNJOC20063481002 N Beach AveBeach Haven$1,435,000
PendingNJOC20062381002 N Beach AveBeach Haven$1,435,000
PendingNJOC4080687913 Long Beach BlvdLong Beach Township$1,799,999
PendingNJOC410766117 Centre StBeach Haven$2,250,000
PendingNJOC20042126 Surf AveLong Beach Township$2,350,000
PendingNJOC20078245 S Ocean AveSurf City$2,595,000
PendingNJOC200454619 E 38th St ELong Beach Township$2,749,000
PendingNJOC2005240123 E Muriel AveLong Beach Township$2,999,000
ClosedNJOC200262220 Amber St #E6Beach Haven$425,000
ClosedNJOC2007868101 W 9th St #108Ship Bottom$725,000
ClosedNJOC2000005111 E 26th StShip Bottom$800,000
ClosedNJOC2006118420 8th St #N3Beach Haven$977,000
ClosedNJOC2005922130 PennsylvaniaLong Beach Township$1,100,000
ClosedNJOC20062741313 S Bay AveBeach Haven$1,250,000
ClosedNJOC200573850 AlbrightLong Beach Township$1,400,000
ClosedNJOC20042348 E 77th StHarvey Cedars$1,850,000
ClosedNJOC200515210 Butler RdLong Beach Township$1,875,000
ClosedNJOC200583412 W 18thLong Beach Township$2,150,000
ClosedNJOC200429684 W CaliforniaLong Beach Township$2,550,000
Temporary Off MarketNJOC2001856101 E Connecticut AveLong Beach Township$2,395,000
WithdrawnNJOC200781013 W Washington AveLong Beach Township$1,100,000
CanceledNJOC20036941917 W Bay TerShip Bottom$1,299,000
CanceledNJOC2006070425 Amber StBeach Haven$1,299,000
CanceledNJOC200523617 E 14th StBarnegat Light$1,499,000
CanceledNJOC200430284 W CaliforniaLong Beach Township$3,000,000
ExpiredNJOC20017301096-B Long Beach BlvdLong Beach Township$1,600,000
ExpiredNJOC20017261096-B Long Beach BlvdLong Beach Township$1,600,000
ExpiredNJOC20015162500 AtlanticLong Beach Township$1,899,000

LBI New Jersey Real Estate Sales Analysis

Once again there were more pending sales than active listings in the market this week. There were a higher than normal number of price reductions, and 2 deals fell apart thus adding to the current inventory levels. There are 117 active listings in the MLS this week, 84 of which are single-family homes, and 124pending 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 02/27/2022-03/06/2022 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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