LBI Real Estate Weekly Sales Update 03/26/2023-04/02/2023

LBI Real Estate Weekly Sales Update 03/26/2023-04/02/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 03/26/2023-04/02/2023

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 03/26/2023-04/02/2023: With 44 changes to the Long Beach Island real estate market, activity was pretty balanced among new listings, pending sales and closed transactions. 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 on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,748,786
  • 9 listings went under contract with an average listing price of about $2,752,333
  • 5 properties sold on Long Beach Island with an average price of $1,394,800
  • 10 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 03/26/2023-04/02/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
Coming SoonNJOC2017292108 W 14th StBeach HavenLBI$1,200,000
Coming SoonNJOC2017382328 N 13th StSurf CityLBI$1,850,000
New ActiveNJOC2017302102 Roosevelt Ave W #BS-21Long Beach TownshipLBI$48,000
New ActiveNJOC2017378601 N Delaware Ave #13Beach HavenLBI$750,000
New ActiveNJOC2017370510 N Bay Ave #207Beach HavenLBI$899,000
New ActiveNJOC20173306412 Long Beach Blvd #BLong Beach TownshipLBI$925,000
New ActiveNJOC2017358228 W 6th StShip BottomLBI$1,050,000
New ActiveNJOC2017220215 8th StBeach HavenLBI$1,300,000
New ActiveNJOC2017266206 W 18th StShip BottomLBI$1,325,000
New ActiveNJOC201723419 Buckingham AveHarvey CedarsLBI$1,349,000
New ActiveNJOC201688413 W 79th StHarvey CedarsLBI$1,399,000
New ActiveNJOC20157265300 West AveLong Beach TownshipLBI$1,699,000
New ActiveNJOC201735625 E 49thLong Beach TownshipLBI$1,999,000
New ActiveNJOC201732667-D Long Beach BlvdLong Beach TownshipLBI$8,690,000
Price DecreaseNJOC20142746110 Long BeachLong Beach TownshipLBI$950,000
Price DecreaseNJOC201624651 N 24th StreetSurf CityLBI$1,049,000
Price DecreaseNJOC20160682420 Long Beach BlvdShip BottomLBI$1,099,000
Price DecreaseNJOC2016718227 E Essex AveBeach HavenLBI$1,250,000
Price DecreaseNJOC201601412 N Barnegat AveSurf CityLBI$1,299,000
Price DecreaseNJOC201625247 N 24th StreetSurf CityLBI$1,399,000
Price DecreaseNJOC2016654321 W 4th StShip BottomLBI$1,399,900
Price DecreaseNJOC201620810 Shore RdSurf CityLBI$2,150,000
Price DecreaseNJOC20159321 E 69th StHarvey CedarsLBI$2,795,000
Price DecreaseNJOC20128022015 Beach AvenueLong Beach TownshipLBI$3,049,000
Active Under ContractNJOC20163069 W Hollybanks LnLong Beach TownshipLBI$1,100,000
Active Under ContractNJOC2016956258 N 6th StSurf CityLBI$1,599,000
Active Under ContractNJOC2010964101 Starr AveLong Beach TownshipLBI$1,749,000
Active Under ContractNJOC20168981020-B Long Beach BlvdLong Beach TownshipLBI$2,499,000
Active Under ContractNJOC201596027 E 37thLong Beach TownshipLBI$2,849,999
Active Under ContractNJOC201724231 E 37thLong Beach TownshipLBI$2,949,999
Active Under ContractNJOC20166901 E 10th StBeach HavenLBI$4,950,000
PendingNJOC2016770127 E 18th StShip BottomLBI$1,875,000
PendingNJOC201529244-E Long Beach BlvdLong Beach TownshipLBI$5,199,000
ClosedNJOC2016368310 S West Ave #C-2Beach HavenLBI$675,000
ClosedNJOC2016016212 Pelham Ave #2Beach HavenLBI$859,000
ClosedNJOC20135043 Bay Shore RdLong Beach TownshipLBI$990,000
ClosedNJOC2015988301 N 4th StSurf CityLBI$2,000,000
ClosedNJOC201572820 E 7th StBeach HavenLBI$2,450,000
Temporary Off MarketNJOC2015718281 W RivieraLong Beach TownshipLBI$3,239,000
ExpiredNJOC2014856218 Coral St #1Beach HavenLBI$1,100,000
ExpiredNJOC2014854218 Coral St #1Beach HavenLBI$1,100,000
ExpiredNJOC2013736907 N Central AveSurf CityLBI$1,300,000
ExpiredNJOC20146527 W 51stLong Beach TownshipLBI$1,399,000
ExpiredNJOC2013634301 N Beach AveBeach HavenLBI$2,299,000

LBI New Jersey Real Estate Sales Analysis

We have seen inventory slowly increasing over the past few weeks, but it is important to note that these increases are very small. In any given week, there is only a difference of 2-4 more listings than pending sales each week. Overall activity remains very strong, and buyers are still entering into transactions with confidence when a good home comes on the market at the right price. There are 130 active listings in the MLS this week and 57 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 03/26/2023-04/02/2023 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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