LBI Real Estate Weekly Sales Update 10/29/2023-11/5/2023

LBI Real Estate Weekly Sales Update 10/29/2023-11/5/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/29/2023-11/5/2023

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 10/29/2023-11/5/2023: There was a slight uptick in overall activity in the Long Beach Island real estate market this week. There were a total of 51 changes to the sale 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 10 new listings entered the market with an average price of $2,592,100
  • 10 listings went under contract with an average listing price of about $2,073,900
  • 13 properties sold on Long Beach Island with an average price of $1,882,154
  • 9 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 10/29/2023-11/5/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityCurrent Price
Coming SoonNJOC20220922615 Central AveShip Bottom$1,050,000
Coming SoonNJOC2021434218 N 19th StreetSurf City$1,999,999
New ActiveNJOC2022170218 11th StBeach Haven$979,000
New ActiveNJOC202217611 E Macevoy LnLong Beach Township$1,389,000
New ActiveNJOC20221601706 N Atlantic AveLong Beach Township$1,629,000
New ActiveNJOC20221661403 N Long Beach BlvdSurf City$2,625,000
New ActiveNJOC2022054134 BelvoirBeach Haven$2,690,000
New ActiveNJOC2022192108 E 29th StLong Beach Township$2,695,000
New ActiveNJOC2021478169-B Long BeachLong Beach Township$4,669,000
New ActiveNJOC2022146146-E Long BeachLong Beach Township$6,195,000
Back to ActiveNJOC2020838376 W 5th StShip Bottom$850,000
Back to ActiveNJOC20209663 E Surf AveLong Beach Township$2,599,000
Price DecreaseNJOC2019574401 Broadway #21ABarnegat Light$649,000
Price DecreaseNJOC20202226110 Long BeachLong Beach Township$910,000
Price DecreaseNJOC20213149 W Bayberry DrLong Beach Township$1,149,000
Price DecreaseNJOC20205529 W Jacqueline AveLong Beach Township$1,149,999
Price DecreaseNJOC202090015 W Rhode Island AveLong Beach Township$1,345,000
Price DecreaseNJOC2021342276 N 12th StSurf City$1,890,000
Price DecreaseNJOC2020010214 E 15th StLong Beach Township$4,299,000
Price DecreaseNJOC2021074151-B Long BeachLong Beach Township$4,399,999
Price DecreaseNJOC201829019-B Long Beach BlvdLong Beach Township$7,499,000
Active Under ContractNJOC202047611 W LaveniaLong Beach Township$1,155,000
Active Under ContractNJOC2020352256 N 13th StSurf City$2,299,000
Active Under ContractNJOC20204042214 Beach AveLong Beach Township$2,649,000
Active Under ContractNJOC201374675 Bayview AveLong Beach Township$3,995,000
PendingNJOC2021640262 N 5thSurf City$999,000
PendingNJOC20203423 E 9th StBarnegat Light$1,499,000
PendingNJOC201457011 James StHarvey Cedars$1,595,000
PendingNJOC20212805 W 81st StHarvey Cedars$1,599,000
PendingNJOC2018224268 N 13th StSurf City$2,199,000
PendingNJOC202005015 E New York AveLong Beach Township$2,749,999
ClosedNJOC20195962502 Long Beach Blvd., Unit #3BShip Bottom$800,000
ClosedNJOC201948812 Harding Ave #UNIT WESTLong Beach Township$1,150,000
ClosedNJOC20208581 Centre St #23Beach Haven$1,220,000
ClosedNJOC20193522 W Bayberry DrLong Beach Township$1,299,000
ClosedNJOC202113826 E MarinersLong Beach Township$1,450,000
ClosedNJOC202106229 Alma RdLong Beach Township$1,589,000
ClosedNJOC20206501302 S Beach AveBeach Haven$1,600,000
ClosedNJOC202059210 E 83rd StHarvey Cedars$1,795,000
ClosedNJOC20193802-A Long Beach BlvdLong Beach Township$2,145,000
ClosedNJOC2019128319 4th StBeach Haven$2,249,999
ClosedNJOC201809649 N 1st StSurf City$2,620,000
ClosedNJOC2022196219 Essex AveBeach Haven$2,700,000
ClosedNJOC2021204210 E 28th StLong Beach Township$3,850,000
Temporary Off MarketNJOC2021846232 W 16th St WShip Bottom$1,499,000
Temporary Off MarketNJOC2021842232 W 16th StShip Bottom$1,499,000
Temporary Off MarketNJOC2020728113 E 21st StLong Beach Township$1,499,000
CanceledNJOC2015540108 E 29th StLong Beach Township$2,695,000
ExpiredNJOC20160682420 Long Beach BlvdShip Bottom$1,099,000
ExpiredNJOC201806011902 Long BeachLong Beach Township$1,299,000
ExpiredNJOC201795612-A E Essex AveHarvey Cedars$2,995,000

LBI New Jersey Real Estate Sales Analysis

The activity was balanced once again in the LBI real estate market with an equal number of new listings and pending sales. The LBI real estate market has remained on this trajectory for the past several months, and all signs point to this level of balance being maintained. As we move into the holiday season, it is likely that activity will slow down some, but this market is hard to read and there is just as good of a chance of activity remaining steady with activity being so low. 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 10/29/2023-11/5/2023 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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