LBI Real Estate Weekly Sales Update 10/22/2023-10/29/2024

LBI Real Estate Weekly Sales Update 10/22/2023-10/29/2024

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/22/2023-10/29/2024

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 10/22/2023-10/29/2024: There were 44 changes to the Long Beach Island real estate market this week, and home sale activity was fairly balanced in the sales market! 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 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 11 new listings entered the market with an average price of $3,065,454
  • 10 listings went under contract with an average listing price of about $1,587,700
  • 8 properties sold on Long Beach Island with an average price of $1,896,875
  • 10 listings saw price reductions in the LBI real estate market and one home increased their listing price

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 10/22/2023-10/29/2024

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New ActiveNJOC20221063 StarboardLong Beach TownshipLBI$1,379,000
New ActiveNJOC2021974295 N 9th StSurf CityLBI$1,380,000
New ActiveNJOC2021842232 W 16th StShip BottomLBI$1,499,000
New ActiveNJOC2021656356 W 14th StShip BottomLBI$1,999,000
New ActiveNJOC20221041403 N Long Beach BlvdSurf CityLBI$2,625,000
New ActiveNJOC20221289 Windward RdLong Beach TownshipLBI$3,395,000
New ActiveNJOC2022052129 E 4th StShip BottomLBI$3,399,000
New ActiveNJOC20220561201 Seaview (12th St) AveBarnegat LightLBI$4,200,000
New ActiveNJOC2022086109-B Long BeachLong Beach TownshipLBI$4,250,000
New ActiveNJOC202150221 W 83rd StHarvey CedarsLBI$4,399,999
New ActiveNJOC202202469-C Long Beach BlvdLong Beach TownshipLBI$5,195,000
Back to ActiveNJOC202087425 9th StBeach HavenLBI$1,995,000
Price DecreaseNJOC2021516314 CoralBeach HavenLBI$1,950
Price DecreaseNJOC2020852510 N Bay Ave #307Beach HavenLBI$849,999
Price DecreaseNJOC20200661111 Central AveShip BottomLBI$899,000
Price DecreaseNJOC2021002110 W Pennsylvania AveLong Beach TownshipLBI$1,075,000
Price DecreaseNJOC2021878315 W 10th StShip BottomLBI$1,149,999
Price DecreaseNJOC2021298221 4th StBeach HavenLBI$1,499,000
Price DecreaseNJOC2020632358 N 1st StSurf CityLBI$1,749,000
Price DecreaseNJOC2020706126 E 26th StShip BottomLBI$1,799,999
Price DecreaseNJOC2021342276 N 12th StSurf CityLBI$1,999,000
Price DecreaseNJOC2020352256 N 13th StSurf CityLBI$2,299,000
Price IncreaseNJOC2022012146 E Ohio AveLong Beach TownshipLBI$8,999,000
Active Under ContractNJOC2021388316 N 8th StSurf CityLBI$1,050,000
Active Under ContractNJOC202179218 E 86thLong Beach TownshipLBI$1,249,000
Active Under ContractNJOC20203423 E 9th StBarnegat LightLBI$1,499,000
Active Under ContractNJOC201760667 Cedars AvenueHarvey CedarsLBI$2,195,000
Active Under ContractNJOC2014014110 Newport DrLong Beach TownshipLBI$2,499,000
PendingNJOC20205482708 Long Beach Blvd #5Ship BottomLBI$499,999
PendingNJOC2015334108, 110 N Bay AveBeach HavenLBI$1,350,000
PendingNJOC202071421 W 87th StLong Beach TownshipLBI$1,595,000
PendingNJOC20186605 E DaytonLong Beach TownshipLBI$1,695,000
PendingNJOC20217289 W Ryerson LnLong Beach TownshipLBI$2,245,000
ClosedNJOC20192984 E 19th StLong Beach TownshipLBI$1,400,000
ClosedNJOC202072416 E Wyoming AveLong Beach TownshipLBI$1,500,000
ClosedNJOC2017382328 N 13th StSurf CityLBI$1,600,000
ClosedNJOC202011244 N 12th StSurf CityLBI$1,650,000
ClosedNJOC201994012 W 21st StBarnegat LightLBI$1,700,000
ClosedNJOC2020064303 W 4th StShip BottomLBI$2,000,000
ClosedNJOC2018722321 W 16th StShip BottomLBI$2,075,000
ClosedNJOC20209242508 BeachLong Beach TownshipLBI$3,250,000
ClosedNJOC201732667-D Long Beach BlvdLong Beach TownshipLBI$5,350,000
ExpiredNJOC20195289 W HollybanksBeach HavenLBI$1,259,000
ExpiredNJOC201788614 W 3rd StBarnegat LightLBI$2,399,000

LBI New Jersey Real Estate Sales Analysis

The LBI real estate sales market activity was more or less even this week. There were 11 new listings and 10 pending sales. As is always the case, there are probably a couple more homes that struck a deal this week, and have not yet updated in the system. The average price of a new listing was one of the highest we have seen, but that number is artificially higher than it should be thanks to several very high-end homes entering the market. There are 130 active listings in the MLS this week and 55 pending sales. Inventory is slightly higher than it has been over the past few months, but it is still far below what it was even a year or two ago! 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 10/22/2023-10/29/2024please 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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