LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

LBI Real Estate Weekly Sales Update 05-12-2024 to 05-19-2024

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 05-12-2024 to 05-19-2024

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 05-12-2024 to 05-19-2024: It was a busy week in the LBI real estate market with 46 changes to the MLS. There were more pending sales this week than there were new listings, which is a challenge for home buyers on Long Beach Island. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 8 new listings entered the market with an average price of $2,132,125
  • 10 listings went under contract with an average listing price of about $1,496,190
  • 9 properties sold on Long Beach Island with an average price of $3,649,444
  • 9 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 05-12-2024 to 05-19-2024

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 lowered, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note that this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies, and all data is taken from the Bright MLS system.

Last Change Type MLS # Address City Area Zip Code Current Price
Coming Soon NJOC2025978 2 E 15th Long Beach Township LBI Zip Code 08008 $1,699,000
Coming Soon NJOC2025918 102 E South 34th St Long Beach Township LBI Zip Code 08008 $3,390,000
New Active NJOC2025730 324 W 7th St Ship Bottom LBI Zip Code 08008 $970,000
New Active NJOC2025834 31 W Sand Dune Ln Long Beach Township LBI Zip Code 08008 $999,000
New Active NJOC2025832 2101 Central Ave Ship Bottom LBI Zip Code 08008 $1,745,000
New Active NJOC2025826 1405 N Long Beach Blvd Surf City LBI Zip Code 08008 $2,675,000
New Active NJOC2025816 1403 N Long Beach Blvd Surf City LBI Zip Code 08008 $2,680,000
New Active NJOC2025956 409 Tidal Dr Long Beach Township LBI Zip Code 08008 $2,899,000
Back to Active NJOC2020168 1916 W Bay Ter Ship Bottom LBI Zip Code 08008 $1,100,000
Price Decrease NJOC2024860 273 N 12th #FL 1 Surf City LBI Zip Code 08008 $3,250
Price Decrease NJOC2024744 2116 N Long Beach Blvd Surf City LBI Zip Code 08008 $1,695,000
Price Decrease NJOC2024916 100 E Muriel Long Beach Township LBI Zip Code 08008 $1,795,000
Price Decrease NJOC2020266 287 W 27th St Ship Bottom LBI Zip Code 08008 $2,299,000
Price Decrease NJOC2025368 18 E Coughlan (72nd St) Ave Long Beach Township LBI Zip Code 08008 $2,795,000
Price Decrease NJOC2020994 10 E 11th St Beach Haven LBI Zip Code 08008 $3,995,000
Price Decrease NJOC2023330 132-D Long Beach Boulevard Long Beach Township LBI Zip Code 08008 $4,095,000
Price Decrease NJOC2025100 4703 S Long Beach Blvd Long Beach Township LBI Zip Code 08008 $4,650,000
Price Decrease NJOC2023490 67-B Long Beach Blvd Long Beach Township LBI Zip Code 08008 $4,699,900
Active Under Contract NJOC2025810 6513 Harvest Ave Harvey Cedars LBI Zip Code 08008 $599,000
Active Under Contract NJOC2024194 50 W 5 St #11 Barnegat Light LBI Zip Code 08008 $1,185,000
Active Under Contract NJOC2025828 11 E 13th St Barnegat Light LBI Zip Code 08008 $1,300,000
Active Under Contract NJOC2025508 43 N 9th St Surf City LBI Zip Code 08008 $1,499,000
Active Under Contract NJOC2024680 103 Osborn Ave Long Beach Township LBI Zip Code 08008 $1,799,000
Active Under Contract NJOC2025534 27 E 46th Long Beach Township LBI Zip Code 08008 $2,749,900
Pending NJOC2024114 909 N. Bay Avenue #FLOOR 1 Beach Haven LBI Zip Code 08008 $55,000
Pending NJOC2025392 110 E 23rd Street #8 Ship Bottom LBI Zip Code 08008 $875,000
Pending NJOC2024908 83 W Tebco Terrace #B Long Beach Township LBI Zip Code 08008 $2,174,999
Pending NJOC2025658 28 E Ocean View Dr Long Beach Township LBI Zip Code 08008 $2,725,000
Closed NJOC2024518 310 W West Ave #C2 Beach Haven LBI Zip Code 08008 $825,000
Closed NJOC2024520 510 N Bay Ave #302 Beach Haven LBI Zip Code 08008 $1,000,000
Closed NJOC2023944 31 W 87th St Long Beach Township LBI Zip Code 08008 $1,285,000
Closed NJOC2023796 333 W 11th St Ship Bottom LBI Zip Code 08008 $1,350,000
Closed NJOC2024790 287 N 16th St Surf City LBI Zip Code 08008 $1,485,000
Closed NJOC2023310 197 Nautilus Dr Long Beach Township LBI Zip Code 08008 $4,450,000
Closed NJOC2018290 19-B Long Beach Blvd Long Beach Township LBI Zip Code 08008 $6,750,000
Closed NJOC2014470 59-D Long Beach Blvd Long Beach Township LBI Zip Code 08008 $7,200,000
Closed NJOC2019846 1027-C Long Beach Long Beach Township LBI Zip Code 08008 $8,500,000
Temporary Off Market NJOC2025768 1 Thomas Ave Harvey Cedars LBI Zip Code 08008 $3,199,000
Withdrawn NJOC2023948 31 W 87th St Long Beach Township LBI Zip Code 08008 $1,299,000
Canceled NJOC2018306 1817 N Ocean Ave Surf City LBI Zip Code 08008 $4,299,000
Expired NJOC2022920 241 W 9th Ave #APT 1 Ship Bottom LBI Zip Code 08008 $2,500
Expired NJOC2018544 1701 West Ave Beach Haven LBI Zip Code 08008 $1,849,000
Expired NJOC2021900 1302 Central Ave Barnegat Light LBI Zip Code 08008 $2,149,000
Expired NJOC2021990 34-B Long Beach Blvd Long Beach Township LBI Zip Code 08008 $2,349,000
Expired NJOC2022896 166-D Marina Blvd Long Beach Township LBI Zip Code 08008 $2,495,000
Expired NJOC2018602 805 S Bay Ave Beach Haven LBI Zip Code 08008 $3,395,000

LBI New Jersey Real Estate Sales Analysis

There was significant activity in the LBI real estate market this week, which is normal for the time of year. Buyers look to finalize their home purchase before the start of the summer season and we are a short week away from Memorial Day Weekend (the unofficial start of summer 2024 on Long Beach Island). There are 113 active listings in the MLS this week and 45 pending sales. Inventory has been on a down trend after rising above 100 listings about 2 weeks ago. The new inventory is being absorbed by buyers, and this shows the strength of the demand for LBI real estate 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 05-12-2024 to 05-19-2024, 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