LBI Real Estate Weekly Sales Update 09/04/2022-09/11/2022

LBI Real Estate Weekly Sales Update 09/04/2022-09/11/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/04/2022-09/11/2022

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 09/04/2022-09/11/2022: There were 51 changes to the Long Beach Island real estate market this week which is in line with the amount of activity we have seen in recent weeks. As the LBI real estate market continues to balance out, we are seeing decreased inventory and more and more pending 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 12 new listings entered the market with an average price of $2,116,750
  • 15 listings went under contract with an average listing price of about $1,423,962
  • 10 properties sold on Long Beach Island with an average price of $1,716,600
  • 8 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 09/04/2022-09/11/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityCurrent Price 
Coming SoonNJOC20131041801 Long Beach BlvdBeach Haven$1,699,000
Coming SoonNJOC201320413 E Middlesex AveHarvey Cedars$2,900,000
New ActiveNJOC2013136900 N Beach Ave #8Beach Haven$600,000
New ActiveNJOC201316664 W 80th StHarvey Cedars$895,000
New ActiveNJOC2013040108 W Culver AveLong Beach Township$1,749,000
New ActiveNJOC2013206122 E 29th StShip Bottom$1,875,000
New ActiveNJOC2013174107 15th StShip Bottom$1,989,000
New ActiveNJOC201306669-C Long BeachLong Beach Township$2,100,000
New ActiveNJOC201311417 15thLong Beach Township$2,250,000
New ActiveNJOC201302217 Beacon DrLong Beach Township$2,395,000
New ActiveNJOC20131988004 Bay TerHarvey Cedars$2,450,000
New ActiveNJOC20131585 W S 32ndLong Beach Township$4,499,000
Back to ActiveNJOC2013134126 LagunaLong Beach Township$5,950,000
Price DecreaseNJOC2012412505 Dock Rd #EAST SIDEBeach Haven$3,000
Price DecreaseNJOC201028211 E. 13thBeach Haven$1,129,000
Price DecreaseNJOC201090617 W Beck AveLong Beach Township$1,149,000
Price DecreaseNJOC20122941102 Barnegat AveShip Bottom$1,300,000
Price DecreaseNJOC201241619 20thLong Beach Township$1,499,999
Price DecreaseNJOC2010964101 Starr AveLong Beach Township$1,749,000
Price DecreaseNJOC2009012222 N 19th StSurf City$1,949,000
Price DecreaseNJOC20116021049-B Long BeachLong Beach Township$2,995,000
Active Under ContractNJOC201162040 W 4th St #9Barnegat Light$1,495,000
Active Under ContractNJOC2012018122 Amber StBeach Haven$2,200,000
Active Under ContractNJOC20120085211 Long BeachLong Beach Township$2,299,000
PendingNJOC2012640220 W 21st St #2Ship Bottom$1,425
PendingNJOC2012758310 West Ave #C-1Beach Haven$649,000
PendingNJOC20119601805 Long Beach Blvd #AShip Bottom$699,000
PendingNJOC2012210235 W 13th StShip Bottom$800,000
PendingNJOC2010744121 W SelfridgeLong Beach Township$1,100,000
PendingNJOC20118728007 Long Beach BlvdHarvey Cedars$1,195,000
PendingNJOC201288215 E New York AveLong Beach Township$1,199,000
PendingNJOC20128741937 W Bay TerShip Bottom$1,599,000
PendingNJOC2013062273 N 11th StSurf City$1,749,000
PendingNJOC20112705617 Holly AvenueHarvey Cedars$1,895,000
PendingNJOC2012042169-B Long Beach BlvdLong Beach Township$2,099,000
PendingNJOC2011736343 N 3rd StSurf City$2,380,000
ClosedNJOC20125585515 Long Beach Blvd #2Long Beach Township$350,000
ClosedNJOC20114383601 Long Beach Blvd. #11Long Beach Township$770,000
ClosedNJOC2009796312 Coral StBeach Haven$940,000
ClosedNJOC2010412265 W 12th StShip Bottom$1,105,000
ClosedNJOC200877812 E Massachusetts AveLong Beach Township$1,300,000
ClosedNJOC20114629 W 40th StLong Beach Township$1,702,000
ClosedNJOC20080901062-D Long Beach BlvdLong Beach Township$1,800,000
ClosedNJOC20096622514 Central AveShip Bottom$1,899,000
ClosedNJOC20098881126-C Long BeachLong Beach Township$3,300,000
ClosedNJOC2010936107-D Long Beach BlvdLong Beach Township$4,000,000
CanceledNJOC20098569301 N SusanLong Beach Township$1,750,000
CanceledNJOC2003600107 W 15th StShip Bottom$1,989,000
CanceledNJOC20084425 W S 32ndLong Beach Township$4,795,000
ExpiredNJOC20108161034-B Long Beach BlvdLong Beach Township$1,859,000
ExpiredNJOC20029523205 Ocean BlvdLong Beach Township$2,279,000

LBI New Jersey Real Estate Sales Analysis

Even though pending sales outpaced new listings, and the overall inventory levels have fallen recently, the LBI real estate market is balancing out. The market still favors sellers, but prices are no longer being pushed as they once were. This is evident in the 8 price drops this past week. As there always is, there are opportunities for both buyers and sellers in the current market! There are 118 active since family home listings in the MLS this week and 76 pending sales. 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 09/04/2022-09/11/2022 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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