LBI Real Estate Weekly Sales Update 08/01/2021-08/08/2021

LBI Real Estate Weekly Sales Update 08/01/2021-08/08/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 08/01/2021-08/08/2021

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 08/01/2021-08/08/2021: Activity in the Long Beach Island real estate market exploded this week with a total of 89 changes to the MLS. This is much higher than we have seen in the last several weeks-and much of this activity was in the form of new listings. 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. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 38 new listings entered the market with an average price of $1,454,495
  • 22 listings went under contract with an average listing price of about $1,349,118
  • 10 properties sold on Long Beach Island with an average price of $1,392,800
  • 5 listings were either withdrawn of expired in the LBI real estate market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 08/01/2021-08/08/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityArea Current Price – Decimal
Coming SoonNJOC20017425 W 9th StBarnegat LightLBI$875,000
Coming SoonNJOC200191812 E 45thLong Beach TownshipLBI$2,100,000
Coming SoonNJOC2001118120 W Ohio AveLong Beach TownshipLBI$2,395,000
New ActiveNJOC2001908701 Central AveShip BottomLBI$0.00
New ActiveNJOC20019167700 Long Beach #DLong Beach TownshipLBI$425,000
New ActiveNJOC2001612401 Broadway #24Barnegat LightLBI$425,000
New ActiveNJOC2001562514 Engleside Ave #DBeach HavenLBI$489,900
New ActiveNJOC2001782204 W 12th St #C01Ship BottomLBI$499,000
New ActiveNJOC2001886335 Kentford AveBeach HavenLBI$800,000
New ActiveNJOC2001882101 W 9th St #204Ship BottomLBI$829,000
New ActiveNJOC20019069006 Long Beach Blvd #BLong Beach TownshipLBI$849,000
New ActiveNJOC2001794332 N 12th StSurf CityLBI$925,000
New ActiveNJOC2001792332 N 12th StSurf CityLBI$925,000
New ActiveNJOC2001434102 W Roosevelt #C(3)Long Beach TownshipLBI$925,000
New ActiveNJOC200182614 AmherstLong Beach TownshipLBI$984,900
New ActiveNJOC20015201-Centre Centre StBeach HavenLBI$1,099,000
New ActiveNJOC2001628510 N Bay Ave #309Beach HavenLBI$1,125,000
New ActiveNJOC20017683501 Long Beach BlvdLong Beach TownshipLBI$1,150,000
New ActiveNJOC2001832166-D Long Beach BlvdLong Beach TownshipLBI$1,399,000
New ActiveNJOC2001262328 N 13th StSurf CityLBI$1,499,000
New ActiveNJOC20017641404 S Bay AveBeach HavenLBI$1,550,000
New ActiveNJOC2001736241 N 12th StSurf CityLBI$1,599,000
New ActiveNJOC20017001096-B Long Beach BlvdLong Beach TownshipLBI$1,600,000
New ActiveNJOC20017261096-B Long Beach BlvdLong Beach TownshipLBI$1,600,000
New ActiveNJOC20017301096-B Long Beach BlvdLong Beach TownshipLBI$1,600,000
New ActiveNJOC200182026 New York WLong Beach TownshipLBI$1,695,000
New ActiveNJOC2001500321 W 16th StShip BottomLBI$1,699,000
New ActiveNJOC200189037 HideawayLong Beach TownshipLBI$1,699,000
New ActiveNJOC2001622112 8th StBeach HavenLBI$1,795,000
New ActiveNJOC200163236 Lighthouse WayLong Beach TownshipLBI$1,795,000
New ActiveNJOC20018689 E 27th StBarnegat LightLBI$1,879,000
New ActiveNJOC2001758304 W 10th StShip BottomLBI$1,995,000
New ActiveNJOC2001854372 W 13th StShip BottomLBI$1,999,000
New ActiveNJOC2001624129 E South 34thLong Beach TownshipLBI$1,999,000
New ActiveNJOC200171211 E So. 31st StLong Beach TownshipLBI$1,999,999
New ActiveNJOC200173215 14thBeach HavenLBI$2,699,999
New ActiveNJOC200181013500 Atlantic AveLong Beach TownshipLBI$2,949,000
New ActiveNJOC200190043 N 22nd StSurf CityLBI$3,399,000
Back to ActiveNJOC409770514-A Engleside Ave #ABeach HavenLBI$489,900
Back to ActiveNJOC409798333 W 6th StShip BottomLBI$989,000
Back to ActiveNJOC20008049 E Sand Dune LnLong Beach TownshipLBI$999,000
Back to ActiveNJOC409276120 Taylor AveBeach HavenLBI$1,499,000
Price DecreaseNJOC4104625 W 38th #U2Long Beach TownshipLBI$719,900
Price DecreaseNJOC200086422 Mea LnLong Beach TownshipLBI$839,000
Price DecreaseNJOC200019033 W JacquelineLong Beach TownshipLBI$1,250,000
Price DecreaseNJOC20010563 E SeabreezeLong Beach TownshipLBI$1,284,900
Price DecreaseNJOC20010363 E SeabreezeLong Beach TownshipLBI$1,284,900
Price DecreaseNJOC2001166115 E MermaidLong Beach TownshipLBI$1,599,000
Price DecreaseNJOC2001158115 E MermaidLong Beach TownshipLBI$1,599,000
Price DecreaseNJOC200155816 E 31stLong Beach TownshipLBI$1,999,999
Price IncreaseNJOC4089761700 Long Beach BoulevardSurf CityLBI$120,000
Price IncreaseNJOC4088361700 Long Beach BoulevardSurf CityLBI$120,000
Active Under ContractNJOC40934210 W Winifred #U1Long Beach TownshipLBI$450,000
Active Under ContractNJOC2001948204 Engleside Ave #BBeach HavenLBI$899,000
Active Under ContractNJOC2001406204 Engleside Ave #CBeach HavenLBI$899,000
Active Under ContractNJOC2001150102 Roosevelt #2Long Beach TownshipLBI$929,000
Active Under ContractNJOC2001404204 Engleside Ave #ABeach HavenLBI$949,000
Active Under ContractNJOC20004106 Adrian RdLong Beach TownshipLBI$999,999
Active Under ContractNJOC2001026315 Pelham AveBeach HavenLBI$1,300,000
PendingNJOC2000366122 E 5th St #BShip BottomLBI$599,900
PendingNJOC20018349 E 16th StBarnegat LightLBI$799,900
PendingNJOC2001142133 W New JerseyLong Beach TownshipLBI$800,000
PendingNJOC4106822 LillieLong Beach TownshipLBI$949,000
PendingNJOC2001692208 W 6th StShip BottomLBI$949,900
PendingNJOC41010219 20thLong Beach TownshipLBI$999,000
PendingNJOC20001643 WinifredLong Beach TownshipLBI$999,900
PendingNJOC200151815 E 33rdLong Beach TownshipLBI$1,199,000
PendingNJOC20014907 W MacevoyLong Beach TownshipLBI$1,225,000
PendingNJOC200175614 E 16th StBarnegat LightLBI$1,350,000
PendingNJOC2000592504 Shore AveShip BottomLBI$1,895,000
PendingNJOC20007069320 Mark DrLong Beach TownshipLBI$2,499,000
PendingNJOC40986670 W California AveLong Beach TownshipLBI$2,699,000
PendingNJOC409756907 Seaview AveBarnegat LightLBI$2,995,000
PendingNJOC200067624 Warwick AveHarvey CedarsLBI$3,295,000
ClosedNJOC20003688501 Long Beach Blvd #UNIT 8Long Beach TownshipLBI$255,000
ClosedNJOC4079322708 Long Beach Blvd #5Ship BottomLBI$330,000
ClosedNJOC407782101 W 9th W #202Ship BottomLBI$720,000
ClosedNJOC4068402302 Central AveShip BottomLBI$800,000
ClosedNJOC4080845 E 12th StBarnegat LightLBI$1,299,000
ClosedNJOC410568-106 E 3rd StShip BottomLBI$1,300,000
ClosedNJOC410594120 E Ryerson LnLong Beach TownshipLBI$1,500,000
ClosedNJOC40911417 7th StBeach HavenLBI$2,399,000
ClosedNJOC40989416 N 23rd StSurf CityLBI$2,600,000
ClosedNJOC4080361049-B Long Beach Boulevard #BLong Beach TownshipLBI$2,725,000
WithdrawnNJOC20005201 W GoodrichLong Beach TownshipLBI$1,800,000
WithdrawnNJOC410618210 18th WShip BottomLBI$1,850,000
CanceledNJOC407654105 W 25th StShip BottomLBI$499,000
ExpiredNJOC410644214 Marine StBeach HavenLBI$1,349,000
ExpiredNJOC407030205 Nautilus DrLong Beach TownshipLBI$3,595,000

LBI New Jersey Real Estate Sales Analysis

More new listings came on the market than we have seen come on in some entire months! This is good news for buyers who have been waiting for inventory levels to rise. That said, there were still 22 pending sales so the total net gain of inventory was less than it may seem. Overall, the market is doing very well on Long Beach Island and finally starting to show some signs of balance. The COVID Delta variant could change all that if we see a repeate in consumer patterns of buying beach houses to flee more crowded areas. 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 08/01/2021-08/08/2021 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

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