LBI Real Estate Weekly Sales Update 10/25/2020-11/1/2020

LBI Real Estate Weekly Sales Update 10/25/2020-11/1/2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/25/2020-11/1/2020

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 10/25/2020-11/1/2020: Things slowed down a little this week, which to some degree is expected. We are coming into what historically is a slower season in the market. In spite of this, there were still 112 changes to the MLS which is VERY high. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,130,333
  • 41 listings went under contract with an average listing price of about $1,221,083
  • 28 properties sold on Long Beach Island with an average price of $1,212,386
  • 118 listings were either withdrawn of expired in the LBI real estate market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 10/25/2020-11/1/2020

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 – Decimal
New ActiveNJOC4047025608 Ocean #U3Long Beach Township$449,000
New ActiveNJOC4045762502 Long Beach Blvd. #3BShip Bottom$649,000
New ActiveNJOC40461215 W 14th StLong Beach Township$749,000
New ActiveNJOC40448041 Adrian RdLong Beach Township$829,000
New ActiveNJOC404684109 E Mermaid LaneLong Beach Township$1,100,000
New ActiveNJOC40463011 E 13thLong Beach Township$1,100,000
New ActiveNJOC4045303 E 16thLong Beach Township$1,249,000
New ActiveNJOC40466025 Buckingham AveHarvey Cedars$1,295,000
New ActiveNJOC404694602 N Atlantic AveBeach Haven$1,299,000
New ActiveNJOC404690602 N Atlantic AveBeach Haven$1,299,000
New ActiveNJOC404166103 DuneLong Beach Township$1,299,000
New ActiveNJOC4045746115 Bayview AveLong Beach Township$1,350,000
New ActiveNJOC404538900 S Beach AveBeach Haven$1,390,000
New ActiveNJOC4046484306 S Long Beach BlvdLong Beach Township$1,399,000
New ActiveNJOC404652117 E Cape Cod LnLong Beach Township$1,499,000
Back to ActiveNJOC40217217 N 7th StSurf City$1,949,000
Back to ActiveNJOC138360123 E Texas AveLong Beach Township$4,695,000
Price DecreaseNJOC4024762300 N Central AveSurf City$824,900
Price DecreaseNJOC40364810 44thLong Beach Township$889,000
Price DecreaseNJOC403638316 W 10th StShip Bottom$949,900
Price DecreaseNJOC403562328 Coral StBeach Haven$979,000
Price DecreaseNJOC40336434 W Holly DrLong Beach Township$1,299,000
Price DecreaseNJOC399478118 E 11th StShip Bottom$3,449,000
Price DecreaseNJOC399754171-A Long Beach BoulevardLong Beach Township$3,499,000
Price DecreaseNJOC4025047213 OceanLong Beach Township$3,590,000
Active Under ContractNJOC4042221905 Pennsylvania AveShip Bottom$389,900
Active Under ContractNJOC404298310 West Ave #2ABeach Haven$580,000
Active Under ContractNJOC4042927301 Long Beach #1296 B5Beach Haven$649,000
Active Under ContractNJOC4030102501 Long Beach Blvd #DLong Beach Township$729,000
Active Under ContractNJOC4037288 W Osborn AveLong Beach Township$775,000
Active Under ContractNJOC4045401100 N Bay Ave #A10Beach Haven$865,000
Active Under ContractNJOC40422446 Amherst RdLong Beach Township$1,099,900
Active Under ContractNJOC40322622 E Colorado AveLong Beach Township$1,150,000
Active Under ContractNJOC395248417 Coral St #WBeach Haven$1,199,000
Active Under ContractNJOC403014106 W 17thLong Beach Township$1,399,999
Active Under ContractNJOC404230126 E TexasLong Beach Township$1,549,000
Active Under ContractNJOC39808685-A Long Beach Blvd #ALong Beach Township$1,589,000
Active Under ContractNJOC404436117 LagunaLong Beach Township$2,950,000
PendingNJOC3866665801 Bayview AveLong Beach Township$549,900
PendingNJOC394944365 W 8th St #3Ship Bottom$615,000
PendingNJOC393704504 BroadwayBarnegat Light$699,000
PendingNJOC393766504 BroadwayBarnegat Light$699,000
PendingNJOC402974407 N Delaware AveBeach Haven$714,900
PendingNJOC404042409 Dock RdBeach Haven$759,000
PendingNJOC404102312 N 3rd StSurf City$769,000
PendingNJOC404410401 Centre StBeach Haven$819,000
PendingNJOC4044586 E Jeanette AveLong Beach Township$819,000
PendingNJOC4043867 W 5th StBarnegat Light$824,900
PendingNJOC4042044 52ndLong Beach Township$875,000
PendingNJOC40321225 Albright RdLong Beach Township$895,000
PendingNJOC40216811 E MarylandLong Beach Township$899,900
PendingNJOC4038548 W 13th StBarnegat Light$949,000
PendingNJOC4024249 Colorado AveLong Beach Township$994,000
PendingNJOC404554128 E 13thLong Beach Township$995,000
PendingNJOC399218100 S West Ave #4Beach Haven$999,000
PendingNJOC4043721501 BeachLong Beach Township$1,100,000
PendingNJOC4042481501 Beach AveLong Beach Township$1,100,000
PendingNJOC402204118 S Central AveSurf City$1,150,000
PendingNJOC3961762 W JeffreyLong Beach Township$1,349,000
PendingNJOC401578402 Central AveBarnegat Light$1,399,000
PendingNJOC404456213 Nautilus DrLong Beach Township$1,399,000
PendingNJOC40010213506 Atlantic AveLong Beach Township$2,349,000
PendingNJOC4002121123-B Long Beach #BLong Beach Township$2,475,000
PendingNJOC4040642108 WaverlyLong Beach Township$2,549,000
PendingNJOC3755461038 Long Beach Blvd #GLong Beach Township$2,899,000
PendingNJOC3954601027-C Long Beach BlvdLong Beach Township$3,495,000
ClosedNJOC4015982904 Beach AveLong Beach Township$2,000
ClosedNJOC40237811 Mea LaneLong Beach Township$660,000
ClosedNJOC3992221606 N Long Beach BlvdSurf City$665,000
ClosedNJOC3999102 W BayberryLong Beach Township$710,000
ClosedNJOC40233010 AuburnLong Beach Township$740,000
ClosedNJOC4025341507 N Central AveSurf City$759,000
ClosedNJOC3974702517 Long Beach Blvd S #2Long Beach Township$822,500
ClosedNJOC402110315 W 14th StShip Bottom$825,500
ClosedNJOC3974682517 Long Beach Blvd S #1Long Beach Township$899,900
ClosedNJOC40299615 30thLong Beach Township$900,000
ClosedNJOC4023342208 Bayview AveBarnegat Light$930,000
ClosedNJOC403852111 12th StBeach Haven$999,000
ClosedNJOC3969521 E FloridaLong Beach Township$999,900
ClosedNJOC4029106611 Long Beach BlvdLong Beach Township$999,999
ClosedNJOC4028461905 N Atlantic AveLong Beach Township$1,050,000
ClosedNJOC394074315 Stratford AveBeach Haven$1,060,000
ClosedNJOC402596308 W 4th StShip Bottom$1,190,000
ClosedNJOC4018329 E 25th StBarnegat Light$1,300,000
ClosedNJOC40114844-D Sandy Island DriveLong Beach Township$1,325,000
ClosedNJOC4007821108e Long Beach BlvdLong Beach Township$1,325,000
ClosedNJOC401240108 S 32ndLong Beach Township$1,400,000
ClosedNJOC39906219 E 21stLong Beach Township$1,500,000
ClosedNJOC395228123 MarinersLong Beach Township$1,830,000
ClosedNJOC401284215 Nautilus DriveLong Beach Township$1,865,000
ClosedNJOC3920982 E 70th StHarvey Cedars$2,050,000
ClosedNJOC39425095-C Long Beach Blvd. #CLong Beach Township$2,289,000
ClosedNJOC4015961807 N Ocean AveSurf City$2,350,000
ClosedNJOC40113015 E 28th StBarnegat Light$2,500,000
Temporary Off MarketNJOC399636408-410 BroadwayBarnegat Light$595,000
WithdrawnNJOC400156310 S Atlantic Ave #U2Beach Haven$379,000
WithdrawnNJOC404136204 S Atlantic Ave #102Beach Haven$449,000
WithdrawnNJOC404412604 N Atlantic AveBeach Haven$995,000
WithdrawnNJOC404404604 N Atlantic AveBeach Haven$995,000
CanceledNJOC403576329 Holyoke AveBeach Haven$585,000
CanceledNJOC403568331 Holyoke AveBeach Haven$879,000
CanceledNJOC3975226115 BayviewLong Beach Township$1,555,000
ExpiredNJOC395098124 E 17th St #2Ship Bottom$299,000
ExpiredNJOC395252101 Engleside Ave #12Beach Haven$599,000
ExpiredNJOC39490224 E North Carolina AveLong Beach Township$769,000
ExpiredNJOC3978382210 Central AveShip Bottom$799,900
ExpiredNJOC4011322202 Central AveShip Bottom$825,000
ExpiredNJOC3978322202 Central AveShip Bottom$825,000
ExpiredNJOC3978201109 S Beach AveBeach Haven$1,349,000
ExpiredNJOC397038247 OceanaLong Beach Township$1,975,000
ExpiredNJOC14036010 6th StBeach Haven$3,400,000
ExpiredNJOC14035010 6th StBeach Haven$3,400,000

LBI New Jersey Real Estate Sales Analysis

The market still showed a tremendous number of pending sales, which is remarkable given this is the week of the election! One stat that has been increasing is the number of homes that have failed to sell. This can be tracked by expired, withdrawn, and price reductions in the market. These have been slowing increasing which tells us the market may be reaching a peak, at least for now. 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 10/25/2020-11/1/2020 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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