LBI Real Estate Weekly Sales Update 10/8/2023-10/15/2023

LBI Real Estate Weekly Sales Update 10/8/2023-10/15/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 10/8/2023-10/15/2023

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 10/8/2023-10/15/2023: There were only 38 changes to the Long Beach Island real estate market this week. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 9 new listings entered the market with an average price of $2,385,555
  • 5 listings went under contract with an average listing price of about $2,844,400
  • 5 properties sold on Long Beach Island with an average price of $1,577,500
  • 8 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 10/8/2023-10/15/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New ActiveNJOC2021908315 W 11th StShip Bottom$999,000
New ActiveNJOC202179218 E 86thLong Beach Township$1,249,000
New ActiveNJOC2021878315 W 10th StShip Bottom$1,249,999
New ActiveNJOC2021794446 Amber StBeach Haven$1,325,000
New ActiveNJOC20217368 W 27th StBarnegat Light$1,399,000
New ActiveNJOC20212508211 Long Beach BlvdLong Beach Township$1,399,000
New ActiveNJOC20219001302 Central AveBarnegat Light$2,149,000
New ActiveNJOC20212561010-G Long Beach BlvdLong Beach Township$5,350,000
New ActiveNJOC2021808110 E Jeanette AveLong Beach Township$6,350,000
Back to ActiveNJOC201881412900 Long BeachLong Beach Township$499,000
Back to ActiveNJOC201546834 W Carolina AveLong Beach Township$999,000
Back to ActiveNJOC201546234 W Carolina AveLong Beach Township$999,000
Price DecreaseNJOC2021516314 CoralBeach Haven$1,995
Price DecreaseNJOC2021666265 W 12th StShip Bottom$2,000
Price DecreaseNJOC2020596510 N Bay Ave #203Beach Haven$849,000
Price DecreaseNJOC2019008243 W 11th StShip Bottom$975,000
Price DecreaseNJOC202069615 E 25thLong Beach Township$1,245,000
Price DecreaseNJOC2021248233 N 1st StSurf City$1,999,999
Price DecreaseNJOC20199783 Olsen AveHarvey Cedars$2,799,999
Price DecreaseNJOC2016796168-F W Long BeachLong Beach Township$3,299,000
Active Under ContractNJOC202071421 W 87th StLong Beach Township$1,595,000
Active Under ContractNJOC20212805 W 81st StHarvey Cedars$1,599,000
PendingNJOC20206627301 Long Beach #D25Long Beach Township$779,000
PendingNJOC20210243 E 20th StLong Beach Township$2,749,000
PendingNJOC201732667-D Long Beach BlvdLong Beach Township$7,500,000
ClosedNJOC20208227301 Long Beach Blvd #A3Long Beach Township$825,000
ClosedNJOC20201342910 Beach AveLong Beach Township$1,150,000
ClosedNJOC20190126 W McKinley Ave.Long Beach Township$1,325,000
ClosedNJOC2019150129 32ndLong Beach Township$1,900,000
ClosedNJOC2015816214 2nd St EBeach Haven$2,687,500
WithdrawnNJOC20214505300 West AveLong Beach Township$1,510,000
ExpiredNJOC2017748100 N. West Ave AveBeach Haven$165,000
ExpiredNJOC2018406229 3rd StBeach Haven$799,000
ExpiredNJOC2018404229 3rd StBeach Haven$799,000
ExpiredNJOC2018402229 3rd StBeach Haven$799,000
ExpiredNJOC20198361611 Beach AveLong Beach Township$2,299,000
ExpiredNJOC20196465909 Ocean BlvdLong Beach Township$2,400,000
ExpiredNJOC2015964122 Amber StBeach Haven$2,499,000

LBI New Jersey Real Estate Sales Analysis

There was another welcomed gain in inventory this week, but with a net of only 4 more homes on the market this week, the dynamics of the LBI real estate market remain little changed. Interestingly enough, there were a higher-than-average number of price reductions this week. This is something to watch. There are 126 active listings in the MLS this week and 56 pending sales. 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 10/8/2023-10/15/2023 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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