LBI Real Estate Weekly Sales Update 1/10/2021-1/17/2021

LBI Real Estate Weekly Sales Update 1/10/2021-1/17/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 1/10/2021-1/17/2021

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 1/10/2021-1/17/2021: There were a total of 87 changes to the Long Beach Island real estate market this week. This represents a drop off compared to a few months ago but is still a strong showing for real estate activity on Long Beach Island. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 15 new listings entered the market with an average price of $1,311,793
  • 30 listings went under contract with an average listing price of about $1,330,743
  • 21 properties sold on Long Beach Island with an average price of $1,587,940
  • 11 listings were either withdrawn of expired in the LBI real estate market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 1/10/2021-1/17/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityCurrent Price 
Coming SoonNJOC406484507-505 S Bay AveBeach Haven$929,000
Coming SoonNJOC406520901 Ocean Ave #901Ship Bottom$979,000
Coming SoonNJOC406422123 E 14thLong Beach Township$1,999,999
New ActiveNJOC406472102 Roosevelt #BS12Long Beach Township$35,000
New ActiveNJOC4064948 W HarringtonLong Beach Township$599,000
New ActiveNJOC4064928 W HarringtonLong Beach Township$599,000
New ActiveNJOC406334105 S Barnegat AveSurf City$899,000
New ActiveNJOC4062505500 Long BeachLong Beach Township$899,900
New ActiveNJOC40643418 E 8th StBarnegat Light$999,000
New ActiveNJOC4063824-C Long Beach Blvd #CLong Beach Township$1,495,000
New ActiveNJOC4064187 StevenLong Beach Township$1,495,000
New ActiveNJOC406428114 E Jerome AveLong Beach Township$1,699,000
New ActiveNJOC40645821 Buckingham AveHarvey Cedars$1,850,000
New ActiveNJOC406516202 W S AveBeach Haven$2,499,999
New ActiveNJOC40636812 E 83rd StHarvey Cedars$2,699,000
Back to ActiveNJOC40646011 E 13thLong Beach Township$999,000
Back to ActiveNJOC40048223 Cedars AveHarvey Cedars$1,590,000
Price DecreaseNJOC404760209 W 28th StShip Bottom$1,190,000
Price DecreaseNJOC404528209 W 28th StShip Bottom$1,190,000
Price DecreaseNJOC404526209 W 28th StShip Bottom$1,190,000
Price DecreaseNJOC400720121 E Sand DuneLong Beach Township$1,480,000
Price IncreaseNJOC399670101 W 9th St #203Ship Bottom$629,000
Price IncreaseNJOC399672101 W 9th St #305Ship Bottom$739,000
Price IncreaseNJOC399668101 W 9th St #303Ship Bottom$749,000
Price IncreaseNJOC403752215 5th StBeach Haven$1,100,000
Active Under ContractNJOC402830533-C Engleside Ave #CBeach Haven$309,000
Active Under ContractNJOC4047025608 Ocean #U3Long Beach Township$449,000
Active Under ContractNJOC4062369 E PennsylvaniaLong Beach Township$674,999
Active Under ContractNJOC40560219 W Jeanette AveLong Beach Township$899,000
Active Under ContractNJOC4035221106 S Bay AveBeach Haven$1,199,000
Active Under ContractNJOC40565645 AmherstLong Beach Township$1,285,000
Active Under ContractNJOC40607610 E Selfridge AveLong Beach Township$1,695,000
Active Under ContractNJOC40618012614 Beach AvenueLong Beach Township$1,725,000
Active Under ContractNJOC400478117 E MarylandLong Beach Township$1,749,999
PendingNJOC400536901 Ocean Ave #931Ship Bottom$649,000
PendingNJOC40461215 W 14th StLong Beach Township$699,900
PendingNJOC4047121000 N Bay Ave #9-MBeach Haven$775,000
PendingNJOC404862346 W 5th StShip Bottom$800,000
PendingNJOC394474504 Central AveBarnegat Light$825,000
PendingNJOC4063007 W California AveLong Beach Township$892,500
PendingNJOC4028323608 Long Beach BlvdLong Beach Township$969,900
PendingNJOC405678180 Marina BlvdLong Beach Township$975,000
PendingNJOC403518126 E 7th StShip Bottom$1,049,000
PendingNJOC395248417 Coral St #WBeach Haven$1,199,000
PendingNJOC4062085909 Ocean Blvd #1 &2Long Beach Township$1,275,000
PendingNJOC406164227 6th StBeach Haven$1,299,000
PendingNJOC404078435 Amber StBeach Haven$1,495,000
PendingNJOC404074433 Amber StBeach Haven$1,495,000
PendingNJOC404494112 SailboatLong Beach Township$1,499,999
PendingNJOC40313613502 GardenLong Beach Township$1,550,000
PendingNJOC40136416 E 80th StHarvey Cedars$1,599,000
PendingNJOC406454353 N 5th StSurf City$1,600,000
PendingNJOC4061361082-E Long Beach BlvdLong Beach Township$1,824,000
PendingNJOC4034068 Seaview Dr SLong Beach Township$2,475,000
PendingNJOC400348123 ColoradoLong Beach Township$4,990,000
ClosedNJOC4033387700 Long Beach #ALong Beach Township$370,000
ClosedNJOC4040325608 Ocean Blvd Unit 4Long Beach Township$422,000
ClosedNJOC404136204 S Atlantic Ave #102Beach Haven$439,000
ClosedNJOC138136330 Coral StBeach Haven$840,000
ClosedNJOC4044586 E Jeanette AveLong Beach Township$865,000
ClosedNJOC4040069 W Janet RdLong Beach Township$1,210,000
ClosedNJOC406502101 W Delaware AveLong Beach Township$1,249,000
ClosedNJOC391520271 PompanoLong Beach Township$1,300,000
ClosedNJOC405634249 N 8th StSurf City$1,301,249
ClosedNJOC4048521103 N Atlantic AveBeach Haven$1,345,000
ClosedNJOC4050364212 Long Beach Blvd SLong Beach Township$1,351,000
ClosedNJOC403312216 E 17th StreetLong Beach Township$1,500,000
ClosedNJOC3969942803 Long BeachLong Beach Township$1,512,500
ClosedNJOC4040567 W Roosevelt AveLong Beach Township$1,549,000
ClosedNJOC4040505 W Harding AveLong Beach Township$1,575,000
ClosedNJOC4040529 W Roosevelt AveLong Beach Township$1,619,000
ClosedNJOC4030668 E Cumberland AveHarvey Cedars$1,775,000
ClosedNJOC4052903901 OceanLong Beach Township$1,949,000
ClosedNJOC403824116 VirginiaLong Beach Township$2,500,000
ClosedNJOC4025047213 OceanLong Beach Township$3,250,000
ClosedNJOC1376261035 Long Beach BlvdLong Beach Township$5,425,000
Temporary Off MarketNJOC40152612900 Long Beach #BBeach Haven$25.00
Temporary Off MarketNJOC40147212900 Long Beach #BBeach Haven$475,000
Temporary Off MarketNJOC40620619 W HarringtonLong Beach Township$839,000
WithdrawnNJOC3910921801 S Long Beach BlvdShip Bottom$399,900
WithdrawnNJOC4063382510 Long Beach Blvd #1BShip Bottom$670,000
WithdrawnNJOC4056982905 Central AveBarnegat Light$724,999
WithdrawnNJOC4047106 W 13th StBarnegat Light$960,000
CanceledNJOC4009041418 N Long Beach BlvdSurf City$489,000
ExpiredNJOC400156310 S Atlantic Ave #U2Beach Haven$379,000
ExpiredNJOC40044428 38thLong Beach Township$959,500
ExpiredNJOC40033416 E 84th StHarvey Cedars$4,495,000

LBI New Jersey Real Estate Sales Analysis

Since we are seeing a little less activity in the market, it is important to keep the overall market in context. Inventory is very low and while demand is high, there are not enough homes to go around. This naturally creates less activity and until we see more inventory come on the market, it is likely we will see lower numbers than we did over the summer. That said, there were 30 pending sales in the market this week so buyer confidence in the LBI real estate market is clearly very high! 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 1/10/2021-1/17/2021 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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