LBI Real Estate Weekly Sales Update 10/15/2023-10/22/2023

LBI Real Estate Weekly Sales Update 10/15/2023-10/22/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/15/2023-10/22/2023

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 10/15/2023-10/22/2023: There were 45changes to the Long Beach Island real estate market this week, which seems to be the average amount of weekly activity we see each week these days. This level of activity carries over to my monthly analysis of home sales on Long Beach Island NJ. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 14 new listings entered the market with an average price of $2,768,500
  • 10 listings went under contract with an average listing price of about $1,888,100
  • 11 properties sold on Long Beach Island with an average price of $1,570,455
  • 5 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 10/15/2023-10/22/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC2021656356 W 14th StShip BottomLBI$1,999,000
New ActiveNJOC2021908315 W 11th StShip BottomLBI$999,000
New ActiveNJOC2021932216 N 1st StSurf CityLBI$999,999
New ActiveNJOC202191654 N 17th StSurf CityLBI$1,300,000
New ActiveNJOC2022004301 W 18th StShip BottomLBI$1,398,000
New ActiveNJOC2021936203 W 7th StShip BottomLBI$1,490,000
New ActiveNJOC2021934203 W 7th StShip BottomLBI$1,490,000
New ActiveNJOC20219449305 Mark DrLong Beach TownshipLBI$1,895,000
New ActiveNJOC202199034-B Long Beach BlvdLong Beach TownshipLBI$2,499,000
New ActiveNJOC2021918103 E Dune LnLong Beach TownshipLBI$2,795,000
New ActiveNJOC2021994704 BroadwayBarnegat LightLBI$3,650,000
New ActiveNJOC2021988170-F Long Beach BlvdLong Beach TownshipLBI$4,149,000
New ActiveNJOC202202469-C Long Beach BlvdLong Beach TownshipLBI$5,195,000
New ActiveNJOC2022012146 E Ohio AveLong Beach TownshipLBI$8,900,000
Back to ActiveNJOC20212528201 Long BeachLong Beach TownshipLBI$1,199,000
Price DecreaseNJOC202065423 N 10th StSurf CityLBI$1,950
Price DecreaseNJOC2020462310 S Atlantic Ave #U1Beach HavenLBI$475,000
Price DecreaseNJOC2019218340 Kentford Ave #UNIT 2Beach HavenLBI$725,000
Price DecreaseNJOC20211022 TennesseeLong Beach TownshipLBI$2,299,999
Price DecreaseNJOC20209663 E Surf AveBeach HavenLBI$2,599,000
Active Under ContractNJOC202121810 E 85th StLong Beach TownshipLBI$1,199,000
Active Under ContractNJOC202069615 E 25thLong Beach TownshipLBI$1,245,000
Active Under ContractNJOC2018320342 W 6th StShip BottomLBI$2,269,000
PendingNJOC20208581 Centre St #23Beach HavenLBI$1,200,000
PendingNJOC2021794446 Amber StBeach HavenLBI$1,325,000
PendingNJOC20217368 W 27th StBarnegat LightLBI$1,399,000
PendingNJOC20206501302 S Beach AveBeach HavenLBI$1,600,000
PendingNJOC202093818 E 9th StBarnegat LightLBI$1,695,000
PendingNJOC201873843 N 6th StreetSurf CityLBI$2,950,000
PendingNJOC2021204210 E 28th StLong Beach TownshipLBI$3,999,000
ClosedNJOC2015856900 N Beach Ave #8Beach HavenLBI$490,000
ClosedNJOC20206627301 Long Beach #D25Long Beach TownshipLBI$780,000
ClosedNJOC2020880334 W 5th StShip BottomLBI$1,100,000
ClosedNJOC201466811902 Long BeachLong Beach TownshipLBI$1,200,000
ClosedNJOC2015334108, 110 N Bay AveBeach HavenLBI$1,350,000
ClosedNJOC2020896611 S Beach AveBeach HavenLBI$1,580,000
ClosedNJOC2018654211 Pelham AveBeach HavenLBI$1,737,500
ClosedNJOC201874458 Adrian RdLong Beach TownshipLBI$1,812,500
ClosedNJOC20156324000 Julia LnLong Beach TownshipLBI$2,300,000
ClosedNJOC202017019 N 14th StSurf CityLBI$2,400,000
ClosedNJOC20159481062-D Long Beach Blvd #WEST UNITLong Beach TownshipLBI$2,525,000
Temporary Off MarketNJOC20160682420 Long Beach BlvdShip BottomLBI$1,099,000
ExpiredNJOC201787010 Cox AveHarvey CedarsLBI$1,349,000
ExpiredNJOC201991069-C Long Beach BlvdLong Beach TownshipLBI$5,195,000

LBI New Jersey Real Estate Sales Analysis

Overall, the activity we saw in the LBI real estate market this week is typical. There were a few more new listings than pending sales, but the balance between new listings and pending sales remains more or less in check. There has been only a marginal increase to the number of homes for sale on Long Beach Island over the past several weeks, which tells us that for now, this is the market on LBI! There are 130 active listings in the MLS this week and 57pending sales. In other words, there is a balance between pending sales and new listings that has persisted for several months. 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 10/15/2023-10/22/2023 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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