Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/1/2020-11/8/2020
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020 
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020 
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020: Overall activity in the LBI real estate market dropped off this week. Some of this is likely due to the election, the time of year, and the very low levels of inventory. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 16 new listings entered the market with an average price of $1,041,687
- 29 listings went under contract with an average listing price of about $1,667,266
- 29 properties sold on Long Beach Island with an average price of $1,063,259
- 5 listings were either withdrawn of expired in the LBI real estate market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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 11/1/2020-11/8/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 Type | MLS # | Address | City | Current Price – Decimal |
| New Active | NJOC404796 | 107 Ocean Ave N | Surf City | $5,000 |
| New Active | NJOC404704 | 101 Engleside Ave #12 | Beach Haven | $579,999 |
| New Active | NJOC404746 | 507 N Beach Ave | Beach Haven | $599,000 |
| New Active | NJOC404778 | 901 Ocean Ave #902 | Ship Bottom | $675,000 |
| New Active | NJOC404712 | 1000 N Bay Ave #9-M | Beach Haven | $775,000 |
| New Active | NJOC404862 | 346 W 5th St | Ship Bottom | $800,000 |
| New Active | NJOC404826 | 3 E 15th St | Barnegat Light | $949,000 |
| New Active | NJOC404810 | 117 87th #E | Long Beach Township | $949,000 |
| New Active | NJOC404710 | 6 W 13th St | Barnegat Light | $989,000 |
| New Active | NJOC404740 | 147 E Delaware Ave | Long Beach Township | $1,100,000 |
| New Active | NJOC404902 | 112 Shore Ave | Surf City | $1,250,000 |
| New Active | NJOC404852 | 1103 N Atlantic Ave | Beach Haven | $1,399,000 |
| New Active | NJOC404760 | 209 W 28th St | Ship Bottom | $1,400,000 |
| New Active | NJOC404836 | 404 Central Ave | Barnegat Light | $1,699,000 |
| New Active | NJOC404828 | 1901 Long Beach Boulevard | Long Beach Township | $1,749,000 |
| New Active | NJOC404776 | 13600 Long Beach Blvd | Long Beach Township | $1,749,000 |
| Back to Active | NJOC401266 | 1418 N Long Beach Blvd | Surf City | $489,000 |
| Back to Active | NJOC400904 | 1418 N Long Beach Blvd | Surf City | $489,000 |
| Back to Active | NJOC403272 | 147 E Delaware Ave | Long Beach Township | $1,100,000 |
| Back to Active | NJOC403580 | 9000 Beach | Long Beach Township | $1,650,000 |
| Price Decrease | NJOC402476 | 2300 N Central Ave | Surf City | $799,000 |
| Price Decrease | NJOC403044 | 11 E 13th | Long Beach Township | $999,000 |
| Price Decrease | NJOC404630 | 11 E 13th | Long Beach Township | $999,000 |
| Price Decrease | NJOC403518 | 126 E 7th St | Ship Bottom | $1,099,000 |
| Price Decrease | NJOC404530 | 3 E 16th | Long Beach Township | $1,125,000 |
| Price Decrease | NJOC402864 | 2-A W Dune Ln | Long Beach Township | $1,179,000 |
| Price Decrease | NJOC403444 | 4004 Ocean | Long Beach Township | $1,259,000 |
| Price Decrease | NJOC403650 | 135 W Maryland #1 | Long Beach Township | $1,329,000 |
| Price Decrease | NJOC404252 | 7403 Ocean Blvd | Long Beach Township | $1,524,000 |
| Price Decrease | NJOC401364 | 16 E 80th St | Harvey Cedars | $1,599,000 |
| Price Decrease | NJOC404464 | 5204 Ocean | Long Beach Township | $1,749,000 |
| Price Decrease | NJOC403904 | 1113-A Long Beach #A | Long Beach Township | $3,295,000 |
| Price Decrease | NJOC403900 | 1113-A Long Beach #A | Long Beach Township | $3,295,000 |
| Price Decrease | NJOC403896 | 1113-A Long Beach | Long Beach Township | $3,295,000 |
| Price Increase | NJOC402528 | 32 11th Street | Surf City | $2,299,000 |
| Price Increase | NJOC395372 | 199 Nautilus Dr | Long Beach Township | $4,495,000 |
| Active Under Contract | NJOC403338 | 7700 Long Beach #A | Long Beach Township | $399,900 |
| Active Under Contract | NJOC399462 | 8 Buckingham Ave | Harvey Cedars | $895,000 |
| Active Under Contract | NJOC403752 | 215 5th St | Beach Haven | $999,900 |
| Active Under Contract | NJOC404006 | 9 W Janet Rd | Long Beach Township | $1,199,000 |
| Active Under Contract | NJOC402172 | 17 N 7th St | Surf City | $1,949,000 |
| Active Under Contract | NJOC394430 | 15-C Long Beach Blvd #C | Long Beach Township | $4,995,000 |
| Pending | NJOC386666 | 5801 Bayview Ave | Long Beach Township | $549,900 |
| Pending | NJOC403784 | 1000 N Bay Ave #C24 | Beach Haven | $749,000 |
| Pending | NJOC402646 | 5 W 22nd St | Barnegat Light | $779,000 |
| Pending | NJOC404540 | 1100 N Bay Ave #A10 | Beach Haven | $865,000 |
| Pending | NJOC404412 | 604 N Atlantic Ave | Beach Haven | $995,000 |
| Pending | NJOC404404 | 604 N Atlantic Ave | Beach Haven | $995,000 |
| Pending | NJOC403160 | 28 E 34th | Long Beach Township | $999,000 |
| Pending | NJOC402554 | 2 E Nebraska Ave | Long Beach Township | $1,149,000 |
| Pending | NJOC401518 | 101 E Virginia | Long Beach Township | $1,275,000 |
| Pending | NJOC404166 | 103 Dune | Long Beach Township | $1,299,000 |
| Pending | NJOC404242 | 4900-B Long Beach #B | Long Beach Township | $1,390,000 |
| Pending | NJOC401924 | 4 E 72nd St | Harvey Cedars | $1,399,000 |
| Pending | NJOC402586 | 9310 Mark Dr | Long Beach Township | $1,420,000 |
| Pending | NJOC404448 | 29 N 4th St | Surf City | $1,429,000 |
| Pending | NJOC404652 | 117 E Cape Cod Ln | Long Beach Township | $1,499,000 |
| Pending | NJOC398086 | 85-A Long Beach Blvd #A | Long Beach Township | $1,589,000 |
| Pending | NJOC400628 | 227 Fourth St | Beach Haven | $1,599,000 |
| Pending | NJOC396994 | 2803 Long Beach | Long Beach Township | $1,599,000 |
| Pending | NJOC404264 | 2215 N Ocean Ave | Surf City | $2,095,000 |
| Pending | NJOC402324 | 11 E 80th St | Harvey Cedars | $2,395,000 |
| Pending | NJOC401948 | 108 Tennessee Ave | Long Beach Township | $2,599,000 |
| Pending | NJOC404258 | 121 Massachusetts | Long Beach Township | $3,295,000 |
| Pending | NJOC137626 | 1035 Long Beach Blvd | Long Beach Township | $5,950,000 |
| Closed | NJOC402226 | 315 5th St #2 | Beach Haven | $440,000 |
| Closed | NJOC402872 | 2300 Long Beach Blvd #5 | Ship Bottom | $542,000 |
| Closed | NJOC404726 | 26 Harding Ave | Long Beach Township | $550,000 |
| Closed | NJOC404724 | 17 Harding Ave | Long Beach Township | $550,000 |
| Closed | NJOC404720 | 15 Harding Ave | Long Beach Township | $550,000 |
| Closed | NJOC404622 | 329 Holyoke Ave | Beach Haven | $570,000 |
| Closed | NJOC404868 | 101 W 9th St #207 | Ship Bottom | $607,500 |
| Closed | NJOC398012 | 430 Dock Rd | Beach Haven | $615,000 |
| Closed | NJOC392812 | 3 E 11th St | Barnegat Light | $680,000 |
| Closed | NJOC402234 | 220 Chatsworth Ave #FRONT | Beach Haven | $747,000 |
| Closed | NJOC403208 | 2205 Central Ave | Barnegat Light | $750,000 |
| Closed | NJOC401310 | 168-E Long Beach Blvd | Long Beach Township | $775,000 |
| Closed | NJOC401842 | 6 Cohasset | Long Beach Township | $785,000 |
| Closed | NJOC401986 | 357 N 1st St | Surf City | $795,000 |
| Closed | NJOC398400 | 226 E 3rd St | Beach Haven | $800,000 |
| Closed | NJOC401656 | 20 Lange Ave | Harvey Cedars | $849,000 |
| Closed | NJOC404620 | 331 Holyoke Ave | Beach Haven | $864,000 |
| Closed | NJOC402982 | 28 W Cape Cod | Long Beach Township | $899,000 |
| Closed | NJOC400508 | 1020-E Long Beach #E | Long Beach Township | $910,000 |
| Closed | NJOC402738 | 1058-B Long Beach #B | Long Beach Township | $950,000 |
| Closed | NJOC399218 | 100 S West Ave #4 | Beach Haven | $996,000 |
| Closed | NJOC402138 | 244 W 12th St | Ship Bottom | $999,999 |
| Closed | NJOC402204 | 118 S Central Ave | Surf City | $1,150,000 |
| Closed | NJOC395156 | 97 – B Long Beach Blvd | Long Beach Township | $1,675,000 |
| Closed | NJOC403292 | 1061-A Long Beach #A | Long Beach Township | $1,840,000 |
| Closed | NJOC401284 | 215 Nautilus Drive | Long Beach Township | $1,865,000 |
| Closed | NJOC402338 | 12 N 11th St | Surf City | $2,005,000 |
| Closed | NJOC402724 | 127d Long Beach #D | Long Beach Township | $2,625,000 |
| Closed | NJOC138024 | 1109 Ocean Ave | Surf City | $3,450,000 |
| Temporary Off Market | NJOC391030 | 8 W 51st | Long Beach Township | $719,000 |
| Temporary Off Market | NJOC404842 | 124 8th St | Beach Haven | $1,100,000 |
| Withdrawn | NJOC404208 | 4302 Long Beach Blvd | Long Beach Township | $900,000 |
| Canceled | NJOC401312 | 168-E Long Beach Blvd | Long Beach Township | $799,000 |
| Canceled | NJOC402524 | 407 Coral St #U2 | Beach Haven | $969,000 |
LBI New Jersey Real Estate Sales Analysis
Activity fell in all areas of the market except for price reductions. There were 14 price drops this week, which account for about 15% of the overall activity. We have been seeing this area of the market increase over the past few weeks which could be a single that the prices have begun to stabilize. Still, with 29 pending sales and only 16 new listings entering the market, the low inventory and high demand will help to keep the market on LBI strong. 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 11/1/2020-11/8/2020 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
More LBI Real Estate Information:
LBI Real Estate Market Active and Sold Listings YTD 2020
Is it Better to Rent or Buy in the LBI Real Estate Market
LBI Real Estate Weekly Sales Update 10/11/2020-10/18/2020