LBI Real Estate Weekly Sales Update 06/05/2022-06/12/2022

LBI Real Estate Weekly Sales Update 06/05/2022-06/12/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/05/2021-09/12/2021

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 06/05/2022-06/12/2022: While there were only 56 changes to the LBI real estate sales market this week, conditions once again showed some improvement for buyers. Inventory increased (slightly), and that seems to be the current trend! You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 17 new listings entered the market with an average price of $2,106,929
  • 14 listings went under contract with an average listing price of about $1,804,200
  • 10 properties sold on Long Beach Island with an average price of $1,768,738
  • 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 06/05/2022-06/12/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityAreaCurrent Price – Decimal
Coming SoonNJOC20107947805 BayviewLong Beach TownshipLBI$975,000
Coming SoonNJOC20106423901 OceanLong Beach TownshipLBI$2,700,000
New ActiveNJOC201076212900 Long Beach BlvdBeach HavenLBI$0.00
New ActiveNJOC20108047 UtahLong Beach TownshipLBI$999,999
New ActiveNJOC2010744121 W SelfridgeLong Beach TownshipLBI$1,150,000
New ActiveNJOC2010758215 W 23rd StShip BottomLBI$1,225,000
New ActiveNJOC201057840 AuburnLong Beach TownshipLBI$1,249,900
New ActiveNJOC201079614 E MarylandLong Beach TownshipLBI$1,399,000
New ActiveNJOC2010674405 Barnegat AveShip BottomLBI$1,425,000
New ActiveNJOC20108161034-B Long Beach BlvdLong Beach TownshipLBI$1,859,000
New ActiveNJOC201072023 E 38th #UNIT ABeach HavenLBI$2,195,000
New ActiveNJOC20105548003 Bay TerraceHarvey CedarsLBI$2,395,000
New ActiveNJOC20105944 Kimberly Ave WLong Beach TownshipLBI$2,749,900
New ActiveNJOC20104381074-H Long Beach BlvdLong Beach TownshipLBI$2,995,000
New ActiveNJOC201061217 Delaware AveLong Beach TownshipLBI$3,200,000
New ActiveNJOC201068222 S 1st StSurf CityLBI$3,950,000
New ActiveNJOC20105982803 Long Beach Boulevard SBeach HavenLBI$5,350,000
Price DecreaseNJOC2009724137 E Maryland Avenue #2Long Beach TownshipLBI$434,999
Price DecreaseNJOC20096166 W 5th StBarnegat LightLBI$998,000
Price DecreaseNJOC20082822 CottageLong Beach TownshipLBI$1,500,000
Price DecreaseNJOC20097581013-A Long BeachLong Beach TownshipLBI$1,899,000
Price DecreaseNJOC20083067 S Central AveSurf CityLBI$2,200,000
Price DecreaseNJOC2008196144-B Long BeachLong Beach TownshipLBI$2,349,000
Price DecreaseNJOC200989842c Long Beach BlvdLong Beach TownshipLBI$2,499,000
Price DecreaseNJOC20096845 E 85th StHarvey CedarsLBI$2,999,000
Price DecreaseNJOC2010266166-G Marina #GLong Beach TownshipLBI$4,495,000
Active Under ContractNJOC201019210315 Beach AveLong Beach TownshipLBI$1,699,000
Active Under ContractNJOC200382626 W Old WhalingLong Beach TownshipLBI$1,900,000
Active Under ContractNJOC20107665108 Long Beach BlvdLong Beach TownshipLBI$2,595,000
Active Under ContractNJOC20105746 N 23rd StSurf CityLBI$3,999,000
PendingNJOC2010002321 W 14th St Unit #BShip BottomLBI$674,900
PendingNJOC20097061815 Bay TerShip BottomLBI$999,000
PendingNJOC2007732224 5th StBeach HavenLBI$1,149,000
PendingNJOC200932646 W Ohio AveLong Beach TownshipLBI$1,150,000
PendingNJOC20069203903 Long Beach BlvdLong Beach TownshipLBI$1,250,000
PendingNJOC20103948004 – C Anchor LnHarvey CedarsLBI$1,299,000
PendingNJOC20092949213 BeachLong Beach TownshipLBI$1,449,900
PendingNJOC20088488204 Bay TerHarvey CedarsLBI$1,995,000
PendingNJOC20059861402 Bayview AveBarnegat LightLBI$2,449,000
PendingNJOC2010182116 E Indiana AveLong Beach TownshipLBI$2,650,000
ClosedNJOC2009312102 Roosevelt ##21Long Beach TownshipLBI$32,500
ClosedNJOC20054541308 Central AveShip BottomLBI$899,000
ClosedNJOC2006656115 9th StBeach HavenLBI$1,700,000
ClosedNJOC20085166003 Long Beach BlvdHarvey CedarsLBI$1,750,000
ClosedNJOC2004800228 Stratford AveBeach HavenLBI$1,830,000
ClosedNJOC2009164102 E 20th StLong Beach TownshipLBI$2,005,000
ClosedNJOC2007598107 MassachusettsLong Beach TownshipLBI$2,150,000
ClosedNJOC20061348 E 81st StHarvey CedarsLBI$2,270,881
ClosedNJOC200883633-W New York AveLong Beach TownshipLBI$2,300,000
ClosedNJOC200238627 W OhioBeach HavenLBI$2,950,000
WithdrawnNJOC20044125308-G Long Beach BlvdHarvey CedarsLBI$2,999,999
CanceledNJOC2008456605 BroadwayBarnegat LightLBI$1,649,000
CanceledNJOC2008340605 BroadwayBarnegat LightLBI$1,649,000
CanceledNJOC2009146610 N Beach AveBeach HavenLBI$1,999,000
ExpiredNJOC2008108310 S West Ave #D-1Beach HavenLBI$850,000
ExpiredNJOC20043282400 N Long Beach BlvdSurf CityLBI$1,349,000

LBI New Jersey Real Estate Sales Analysis

Undoubtedly, buyers’ conditions in the LBI real estate market have improved. This is not to say the market is crashing, but rather we are seeing a more “normal” marketing with some better balance between new inventory and pending sales. Currently, there are 148 active listings in the MLS this week and 119 pending sales. This is almost twice as many homes for sale as there were a few weeks ago, but still well under the number of homes needed for a balanced 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 06/05/2022-06/12/2022 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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The Hidden Costs of Buying a Home in the Long Beach Island Real Estate Market

How to Hit Your LBI Real Estate Homebuying Goals

Selling Homes in the LBI Real Estate Market