LBI Real Estate Weekly Sales Update 09/18/2022-09/25/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 09/18/2022-09/25/2022

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 09/18/2022-09/25/2022: The name of the game this week was new listings! Of the 59 changes to the MLS, 23 new listings came on the market. We have not seen this kind of activity since before COVID! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 23 new listings entered the market with an average price of $1,806,025
  • 13 listings went under contract with an average listing price of about $2,402,390
  • 10 properties sold on Long Beach Island with an average price of $1,296,750
  • 3 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 09/18/2022-09/25/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC2013542901 Ocean Ave #919Ship BottomLBI$749,000
Coming SoonNJOC2013578150 DelawareLong Beach TownshipLBI$2,395,000
New ActiveNJOC2013496109 22ndLong Beach TownshipLBI$1,750
New ActiveNJOC2013480106 S Barnegat AveSurf CityLBI$2,500
New ActiveNJOC2013628109 22nd #1ST FLOORLong Beach TownshipLBI$2,600
New ActiveNJOC20134764010 Long Beach BlvdLong Beach TownshipLBI$8,100.00
New ActiveNJOC2013484310 W West Ave #K-3Beach HavenLBI$789,000
New ActiveNJOC2013532107 E. 28th St EShip BottomLBI$825,000
New ActiveNJOC201282214 W Bayberry DrLong Beach TownshipLBI$1,100,000
New ActiveNJOC20135043 Bay Shore RdLong Beach TownshipLBI$1,200,000
New ActiveNJOC20130181905 BayLong Beach TownshipLBI$1,275,000
New ActiveNJOC2013566106 E 24th StLong Beach TownshipLBI$1,329,000
New ActiveNJOC20135163 Olsen AveHarvey CedarsLBI$1,400,000
New ActiveNJOC20135761034-B Long Beach Blvd. Long Beach TwpLong Beach TownshipLBI$1,795,000
New ActiveNJOC20134981817 Ocean AveShip BottomLBI$2,100,000
New ActiveNJOC2013634301 N Beach AveBeach HavenLBI$2,299,000
New ActiveNJOC2011522152 Marina Blvd.Long Beach TownshipLBI$2,350,000
New ActiveNJOC2013564150 DelawareLong Beach TownshipLBI$2,395,000
New ActiveNJOC201347822 E 10th StBarnegat LightLBI$2,599,000
New ActiveNJOC2013312105 W Kimberly AveLong Beach TownshipLBI$3,100,000
New ActiveNJOC201329611804 Sunset TerLong Beach TownshipLBI$3,995,000
New ActiveNJOC20135701049-C Long BeachLong Beach TownshipLBI$4,995,000
New ActiveNJOC201361010 11th StBeach HavenLBI$5,295,000
Back to ActiveNJOC201195228 W 8th StBarnegat LightLBI$1,199,000
Back to ActiveNJOC200842883 W Tebco #DLong Beach TownshipLBI$2,149,000
Back to ActiveNJOC200842283 W Tebco #CLong Beach TownshipLBI$2,149,000
Price DecreaseNJOC2009732102 W Roosevelt Ave. Roosevelt #28Long Beach TownshipLBI$42,000
Price DecreaseNJOC20131041801 Long Beach BlvdBeach HavenLBI$1,599,000
Price DecreaseNJOC201311417 15thLong Beach TownshipLBI$2,099,000
Price DecreaseNJOC201093017 E 15thLong Beach TownshipLBI$2,099,000
Price DecreaseNJOC20130261409 W West AveBeach HavenLBI$2,194,999
Price DecreaseNJOC2008196144-B Long BeachLong Beach TownshipLBI$2,299,000
Price DecreaseNJOC2010024608 S Atlantic AveBeach HavenLBI$2,399,999
Active Under ContractNJOC20127482307 Central AveBarnegat LightLBI$850,000
Active Under ContractNJOC20122941102 Barnegat AveShip BottomLBI$1,300,000
Active Under ContractNJOC2013206122 E 29th StShip BottomLBI$1,875,000
Active Under ContractNJOC2009816325 Iroquois AveBeach HavenLBI$1,895,000
Active Under ContractNJOC2009090134 Belvoir AveBeach HavenLBI$2,765,000
Active Under ContractNJOC20131689 E 86th StHarvey CedarsLBI$3,200,000
PendingNJOC2012844612 Shore AveShip BottomLBI$999,000
PendingNJOC20086106 E 50th StLong Beach TownshipLBI$1,149,000
PendingNJOC20067727-A W 82nd StHarvey CedarsLBI$1,799,000
PendingNJOC20127946801 Norfolk PlHarvey CedarsLBI$2,100,000
PendingNJOC20125228 7th StBeach HavenLBI$2,800,000
PendingNJOC2009658204 21stLong Beach TownshipLBI$3,999,075
PendingNJOC2013012161-F Long BeachLong Beach TownshipLBI$6,500,000
ClosedNJOC2011600601 N Delaware Ave #15Beach HavenLBI$717,500
ClosedNJOC20133404000 JuliaLong Beach TownshipLBI$800,000
ClosedNJOC201206215 Cleveland AveLong Beach TownshipLBI$825,000
ClosedNJOC201206413 Cleveland AveLong Beach TownshipLBI$825,000
ClosedNJOC2010744121 W SelfridgeLong Beach TownshipLBI$950,000
ClosedNJOC20133503 W. Scott DrLong Beach TownshipLBI$1,155,000
ClosedNJOC201221814 E MarylandLong Beach TownshipLBI$1,190,000
ClosedNJOC2012488104 W Pennsylvania AveLong Beach TownshipLBI$1,605,000
ClosedNJOC20111503901 OceanLong Beach TownshipLBI$2,450,000
ClosedNJOC20106423901 OceanLong Beach TownshipLBI$2,450,000
WithdrawnNJOC2013538111 E Dune LnLong Beach TownshipLBI$10,000
WithdrawnNJOC20135183 Olsen AveHarvey CedarsLBI$1,400,000
ExpiredNJOC200777012 E 78th St #7Harvey CedarsLBI$139,000

LBI New Jersey Real Estate Sales Analysis

In total, there was a significant new gain of new listings in the LBI real estate market this week. This certainly helps buyers who have been fighting falling inventory levels for the past several weeks. There are 124 active single-family home listings in the MLS this week and 81 pending sales. While interest rates have gone up and financial uncertainly reigns supreme, buyers are still transacting in the Long Beach Island real estate 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 09/18/2022-09/25/2022 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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