LBI Real Estate Weekly Sales Update 06/04/2023-06/11/2023

LBI Real Estate Weekly Sales Update 06/04/2023-06/11/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 06/04/2023-06/11/2023

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 06/04/2023-06/11/2023: Overall activity in the LBI real estate market picked up this week with 57 changes to the Long Beach Island real estate sales 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 11 new listings entered the market with an average price of $2,658,636
  • 14 listings went under contract with an average listing price of about $2,295,068
  • 13 properties sold on Long Beach Island with an average price of $2,052,192
  • 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 06/04/2023-06/11/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC20190343705 S Long Beach BlvdLong Beach TownshipLBI$4,850,000
New ActiveNJOC20191164300-C Long BeachLong Beach TownshipLBI$899,000
New ActiveNJOC2019008243 W 11th StShip BottomLBI$949,000
New ActiveNJOC2018818907 N Central AveSurf CityLBI$1,100,000
New ActiveNJOC20190126 W McKinley Ave.Long Beach TownshipLBI$1,599,000
New ActiveNJOC2019010121 E IndianaLong Beach TownshipLBI$1,925,000
New ActiveNJOC201904013 E South 34th StLong Beach TownshipLBI$2,379,000
New ActiveNJOC20190329000 Beach AveLong Beach TownshipLBI$2,799,000
New ActiveNJOC20187823911 OceanLong Beach TownshipLBI$3,250,000
New ActiveNJOC2018602805 S Bay AveBeach HavenLBI$3,495,000
New ActiveNJOC201855667-A,B,C Long Beach BlvdLong Beach TownshipLBI$6,000,000
Back to ActiveNJOC20184385-East 15thLong Beach TownshipLBI$2,300,000
Price DecreaseNJOC2018084310 S West Ave #D-1Beach HavenLBI$770,000
Price DecreaseNJOC2018402229 3rd StBeach HavenLBI$849,000
Price DecreaseNJOC20174981082-A Long Beach BlvdLong Beach TownshipLBI$1,349,000
Price DecreaseNJOC2015334108, 110 N Bay AveBeach HavenLBI$1,350,000
Price DecreaseNJOC20160961078-F Long Beach BlvdLong Beach TownshipLBI$1,495,000
Price DecreaseNJOC201536410 W Joan RdLong Beach TownshipLBI$1,499,000
Price DecreaseNJOC20176481210 Long Beach Blvd Unit BLong Beach TownshipLBI$1,995,000
Price DecreaseNJOC20176561210 Long Beach Blvd Unit ALong Beach TownshipLBI$1,995,000
Price DecreaseNJOC2017010214 Iroquois AveBeach HavenLBI$2,199,000
Price DecreaseNJOC2015312230 Fairview AveBeach HavenLBI$2,749,000
Active Under ContractNJOC2017370510 N Bay Ave #207Beach HavenLBI$799,000
Active Under ContractNJOC20182627403 Long Beach BlvdHarvey CedarsLBI$1,100,000
Active Under ContractNJOC201457011 James StHarvey CedarsLBI$1,595,000
Active Under ContractNJOC20171021090 – E Long Beach BlvdLong Beach TownshipLBI$2,099,000
Active Under ContractNJOC201868826 RosemmaLong Beach TownshipLBI$2,399,999
Active Under ContractNJOC2018440124 W Harmony AveLong Beach TownshipLBI$2,499,000
PendingNJOC20155924 E Jerome AveBeach HavenLBI$999,949
PendingNJOC2016718227 E Essex AveBeach HavenLBI$1,250,000
PendingNJOC20151428001 Long Beach BlvdHarvey CedarsLBI$1,599,000
PendingNJOC201782618 E 31stLong Beach TownshipLBI$2,195,000
PendingNJOC20172121208 S Beach AveBeach HavenLBI$2,199,999
PendingNJOC20176788204 Bay TerHarvey CedarsLBI$2,300,000
PendingNJOC2014156116 E Jerome AveLong Beach TownshipLBI$2,495,000
PendingNJOC2016598122 E WyomingLong Beach TownshipLBI$8,599,999
ClosedNJOC2017758514 Engleside Ave #ABeach HavenLBI$560,000
ClosedNJOC2016960116 E Maryland AveLong Beach TownshipLBI$975,000
ClosedNJOC2019018223 N 8th StSurf CityLBI$1,450,000
ClosedNJOC20179441609 W West AveBeach HavenLBI$1,485,000
ClosedNJOC201795013 S Central AveSurf CityLBI$1,575,000
ClosedNJOC201687633 Hideaway DriveLong Beach TownshipLBI$1,890,000
ClosedNJOC201467483 W Tebco #CLong Beach TownshipLBI$1,948,500
ClosedNJOC20078881096-B-West Unit Long Beach BlvdLong Beach TownshipLBI$2,395,000
ClosedNJOC2016652210 E 23rd StLong Beach TownshipLBI$2,475,000
ClosedNJOC201693022 VirginiaLong Beach TownshipLBI$2,500,000
ClosedNJOC201596027 E 37thLong Beach TownshipLBI$2,800,000
ClosedNJOC2017536129 E 31st StShip BottomLBI$3,125,000
ClosedNJOC2015596127-C Long Beach BlvdLong Beach TownshipLBI$3,500,000
Temporary Off MarketNJOC2018224262 Tbd N 13th StSurf CityLBI$2,295,000
WithdrawnNJOC201806011902 Long BeachLong Beach TownshipLBI$1,299,000
WithdrawnNJOC201776233 W Essex AveHarvey CedarsLBI$1,799,000
WithdrawnNJOC20171184803 S Long Beach BlvdLong Beach TownshipLBI$5,100,000
CanceledNJOC2015118232 W 16th St WShip BottomLBI$1,695,000
ExpiredNJOC201311417 15thLong Beach TownshipLBI$1,950,000
ExpiredNJOC20162642119 BlvdShip BottomLBI$1,999,900
ExpiredNJOC201558813 E South 34th StLong Beach TownshipLBI$2,379,000

LBI New Jersey Real Estate Sales Analysis

Pending sales saw a big jump this week, which is expected. Over the past few weeks there have been more new listings and buyers are clearly absorbing this inventory. One of the pending sales was for over $8,000,000 so clearly confidence is high in the LBI real estate market. The number of closings jumped as well, with an average sales price over $2,000,000. There are 121 active listings in the MLS this week and 52pending sales. This is one of the lowest active listing counts we have seen in months. 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 09/05/2021-09/12/2021 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

More LBI Real Estate Information:

Appraisals and Home Inspections in the LBI Real Estate Market

Things to Consider When Buying a Long Beach Island Condo