LBI Real Estate Weekly Sales Update 03/06/2022-03/13/2022

LBI Real Estate Weekly Sales Update 03/06/2022-03/13/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 03/06/2022-03/13/2022

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 03/06/2022-03/13/2022: There were 51 changes to the Long Beach Island real estate market this week, and almost half of this activity was in the form of pending sales! This pulls back even more on the already low inventory levels of the LBI real estate market. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,024,500
  • 22 listings went under contract with an average listing price of about $1,546,627
  • 9properties sold on Long Beach Island with an average price of $1,446,667
  • 6 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 03/06/2022-03/13/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New ActiveNJOC2008108310 S West Ave #D-1Beach Haven$850,000
New ActiveNJOC2007984128 W Pennsylvania AveLong Beach Township$1,499,000
New ActiveNJOC20081842 E 28th StBarnegat Light$1,599,000
New ActiveNJOC20080581062-D Long Beach Blvd #DLong Beach Township$1,800,000
New ActiveNJOC20080901062-D Long Beach BlvdLong Beach Township$1,800,000
New ActiveNJOC200810044 W Oceanview DrLong Beach Township$1,999,000
New ActiveNJOC2008196144-B Long BeachLong Beach Township$2,449,000
New ActiveNJOC2007978129 E 32nd StreetLong Beach Township$2,500,000
New ActiveNJOC20080963 E Surf AveBeach Haven$2,549,000
New ActiveNJOC20081045614 Holly AveHarvey Cedars$3,200,000
Price DecreaseNJOC20041062601 Long Beach BlvdShip Bottom$1,295,000
Price DecreaseNJOC20041022601 Long Beach BlvdShip Bottom$1,295,000
Price DecreaseNJOC2004794203 Berkeley AveBeach Haven$1,599,000
Price DecreaseNJOC20067727-A W 82nd StHarvey Cedars$1,995,000
Price DecreaseNJOC20029523205 Ocean BlvdLong Beach Township$2,295,000
Price DecreaseNJOC20029563205 OceanLong Beach Township$2,295,000
Active Under ContractNJOC2001612401 Broadway #24Barnegat Light$399,900
Active Under ContractNJOC2007754111 W 18th St #2Ship Bottom$489,000
Active Under ContractNJOC20059068701 Long Beach #TOP SOUTH UNIT BLong Beach Township$739,000
Active Under ContractNJOC2007814254 N 3rd StSurf City$1,199,000
Active Under ContractNJOC2007928109 E 28th StLong Beach Township$1,399,000
Active Under ContractNJOC2007926109 E 28th StLong Beach Township$1,399,000
Active Under ContractNJOC200778018 E Sigsbee AveLong Beach Township$1,899,000
Active Under ContractNJOC2005978199 Nautilus DrLong Beach Township$4,495,000
PendingNJOC20024561615 Central Ave #4Ship Bottom$499,900
PendingNJOC2007968116 N 15th StSurf City$599,000
PendingNJOC2003122107 W 18th StShip Bottom$798,000
PendingNJOC20001911707 Barnegat AveShip Bottom$899,999
PendingNJOC200396013 W 22nd StBarnegat Light$1,049,000
PendingNJOC20080602508 BeachLong Beach Township$1,250,000
PendingNJOC200206410 W 26th StBarnegat Light$1,299,000
PendingNJOC2007620209 Jefferis AveBeach Haven$1,599,000
PendingNJOC4093643 E 78th StHarvey Cedars$1,699,999
PendingNJOC20075245403 Long Beach BlvdHarvey Cedars$1,749,000
PendingNJOC4080687913 Long Beach BlvdLong Beach Township$1,799,999
PendingNJOC20075841092-D Long Beach #DLong Beach Township$1,800,000
PendingNJOC20072064 E Goodrich AveLong Beach Township$3,369,000
PendingNJOC200442610 N 2nd StSurf City$3,595,000
ClosedNJOC200437257 AuburnLong Beach Township$1,109,000
ClosedNJOC200406419 40th #UNIT ALong Beach Township$1,150,000
ClosedNJOC200634222 E Weldon PlLong Beach Township$1,175,000
ClosedNJOC2004132230 Fairview AveBeach Haven$1,200,000
ClosedNJOC20065541712 Barnegat AveShip Bottom$1,249,000
ClosedNJOC20082288001 Long Beach BlvdLong Beach Township$1,342,000
ClosedNJOC20072189 Windward RdLong Beach Township$1,400,000
ClosedNJOC4096961940 W Bay TerShip Bottom$1,475,000
ClosedNJOC2005240123 E Muriel AveLong Beach Township$2,920,000
WithdrawnNJOC2004192107 W 18th StShip Bottom$798,000
WithdrawnNJOC200635222 E Weldon PlLong Beach Township$1,100,000
WithdrawnNJOC2007670209 Jefferis AveBeach Haven$1,599,000
CanceledNJOC4095821940 W Bay TerShip Bottom$1,575,000

LBI New Jersey Real Estate Sales Analysis

Once again, pending sales far outpaced the number of new listings that came on the market. Interestingly though, there were 6 price reductions this week which is far higher than we normally see. There are 109 active listings in the MLS this week and 131 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 03/06/2022-03/13/2022 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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