LBI Real Estate Weekly Sales Update 09/03/2023-09/10/2023

LBI Real Estate Weekly Sales Update 09/03/2023-09/10/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/03/2023-09/10/2023

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 09/03/2023-09/10/2023: There were 46 changes to the MLS this week, and for the first time in a long time, new listings saw a big increase. There were 20 new listings to only 10 pending sales, so we finally saw an increase in new listing inventory. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 20 new listings entered the market with an average price of $1,872,500
  • 10 listings went under contract with an average listing price of about $2,395,731
  • 6 properties sold on Long Beach Island with an average price of $2,205.667
  • 4 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 09/03/2023-09/10/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC20206501302 S Beach AveBeach HavenLBI$1,600,000
Coming SoonNJOC2021098113 Hobart AveLong Beach TownshipLBI$2,799,000
New ActiveNJOC20209221414 Bay TerShip BottomLBI$2,849,000
New ActiveNJOC202106229 Alma RdLong Beach TownshipLBI$1,589,000
New ActiveNJOC2021068909 N. Bay Avenue #FLOOR 1Beach HavenLBI$55,000
New ActiveNJOC20210243 E 20th StLong Beach TownshipLBI$2,749,000
New ActiveNJOC20209285302 Long Beach Blvd #3Long Beach TownshipLBI$450,000
New ActiveNJOC2021074151-B Long BeachLong Beach TownshipLBI$4,500,000
New ActiveNJOC2020838376 W 5th StShip BottomLBI$850,000
New ActiveNJOC2020880334 W 5th StShip BottomLBI$1,100,000
New ActiveNJOC202099410 E 11th StBeach HavenLBI$4,195,000
New ActiveNJOC2021002110 W Pennsylvania AveLong Beach TownshipLBI$1,200,000
New ActiveNJOC20210081511 Long Beach BlvdLong Beach TownshipLBI$1,725,000
New ActiveNJOC20209441511 Long Beach BlvdLong Beach TownshipLBI$1,725,000
New ActiveNJOC2019376210 W 15th StShip BottomLBI$899,000
New ActiveNJOC2020784202 E Chatsworth AveBeach HavenLBI$1,699,000
New ActiveNJOC202073611 E 35th StLong Beach TownshipLBI$2,699,000
New ActiveNJOC20205881 Hudson AveHarvey CedarsLBI$2,499,000
New ActiveNJOC20209781600 N Long Beach BlvdSurf CityLBI$1,299,000
New ActiveNJOC20209701600 N Long Beach BlvdSurf CityLBI$1,299,000
New ActiveNJOC2020878510 N Bay Ave #202Beach HavenLBI$999,000
New ActiveNJOC202093818 E 9th StBarnegat LightLBI$1,695,000
Back to ActiveNJOC20211022 TennesseeLong Beach TownshipLBI$2,499,000
Back to ActiveNJOC20201681916 W Bay TerShip BottomLBI$1,100,000
Price DecreaseNJOC2018722321 W 16th StShip BottomLBI$2,149,000
Price DecreaseNJOC2018740116 Sea BreezeLong Beach TownshipLBI$2,000
Price DecreaseNJOC202072416 E Wyoming AveLong Beach TownshipLBI$1,599,000
Price DecreaseNJOC201760667 Cedars AvenueHarvey CedarsLBI$2,195,000
Price DecreaseNJOC2020266287 W 27th StShip BottomLBI$2,449,000
Active Under ContractNJOC2017500100 Essex AveBeach HavenLBI$5,499,999
Active Under ContractNJOC201809649 N 1st StSurf CityLBI$2,639,000
Active Under ContractNJOC202005015 E New York AveLong Beach TownshipLBI$2,749,999
Active Under ContractNJOC202051679-B Long Beach BlvdLong Beach TownshipLBI$3,950,000
Active Under ContractNJOC20208581 Centre St #23Beach HavenLBI$1,200,000
Active Under ContractNJOC202033244 N 12th StSurf CityLBI$1,750,000
Active Under ContractNJOC202011244 N 12th StSurf CityLBI$1,750,000
PendingNJOC2019346113 W IndianaLong Beach TownshipLBI$1,450,000
PendingNJOC2020896611 S Beach AveBeach HavenLBI$1,580,000
PendingNJOC2020738316 N 7thSurf CityLBI$1,639,316
PendingNJOC20190126 W McKinley Ave.Long Beach TownshipLBI$1,499,000
ClosedNJOC202038014 E 17th StBarnegat LightLBI$2,275,000
ClosedNJOC20184385-East 15thLong Beach TownshipLBI$2,200,000
ClosedNJOC20029563205 OceanLong Beach TownshipLBI$2,125,000
ClosedNJOC201563013 Cleveland AveLong Beach TownshipLBI$2,459,000
ClosedNJOC201594033 W 87thLong Beach TownshipLBI$2,100,000
ClosedNJOC201696222 5th StBeach HavenLBI$2,075,000
CanceledNJOC202078614 W 19th StLong Beach TownshipLBI$1,275,000
ExpiredNJOC201688413 W 79th StHarvey CedarsLBI$1,200,000
ExpiredNJOC2013134126 LagunaLong Beach TownshipLBI$5,950,000

LBI New Jersey Real Estate Sales Analysis

While the addition of some new inventory is certainly welcomed news, the number of homes for sale in the LBI real estate market is still very low. There are 120 active listings in the MLS this week, so still a fraction of what we saw pre COVID. 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 09/03/2023-09/10/2023 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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