LBI Real Estate Weekly Sales Update 11/21/2021-11/28/2021

LBI Real Estate Weekly Sales Update 11/21/2021-11/28/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/21/2021-11/28/2021

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 11/21/2021-11/28/2021: It was a very slow week in the Long Beach Island real estate sales market, but that is to be expected with the Thanksgiving Holiday! In fact, there was not a single change to the MLS today!! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 5 new listings entered the market with an average price of $2,387,600
  • 10 listings went under contract with an average listing price of about $1,822,300
  • 9 properties sold on Long Beach Island with an average price of $1,651,500
  • 2 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 11/21/2021-11/28/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 – Decimal
Coming SoonNJOC2004874225 N 14th StSurf CityLBI$999,000
New ActiveNJOC2004794203 Berkeley AveBeach HavenLBI$1,650,000
New ActiveNJOC200477218 Buckingham AveHarvey CedarsLBI$1,895,000
New ActiveNJOC2004800228 Stratford AveBeach HavenLBI$2,199,000
New ActiveNJOC200471410-A E 68th StHarvey CedarsLBI$5,195,000
Back to ActiveNJOC2000005111 E 26th StShip BottomLBI$875,000
Back to ActiveNJOC200393016 E SailboatLong Beach TownshipLBI$1,900,000
Back to ActiveNJOC4100481511 Seaview AveBarnegat LightLBI$3,350,000
Price DecreaseNJOC41016611 E 74th St #3Harvey CedarsLBI$119,000
Price DecreaseNJOC20032603-A W Louisiana AveLong Beach TownshipLBI$659,000
Active Under ContractNJOC200231833 W 9th StBarnegat LightLBI$959,000
Active Under ContractNJOC2004470221 Pearl StBeach HavenLBI$1,799,000
Active Under ContractNJOC20043209 W Holgate AveLong Beach TownshipLBI$2,099,000
Active Under ContractNJOC20046022 Taylor AveBeach HavenLBI$2,500,000
PendingNJOC2004850304 Iroquois AveBeach HavenLBI$999,000
PendingNJOC20029666 W Lavenia AveLong Beach TownshipLBI$1,199,000
PendingNJOC2003276258 N 2nd StSurf CityLBI$1,325,000
PendingNJOC20041468602 Sandpiper LnHarvey CedarsLBI$1,349,000
PendingNJOC20048485104 S Long Beach BlvdLong Beach TownshipLBI$2,495,000
PendingNJOC200362280 Maiden LaneHarvey CedarsLBI$3,499,000
ClosedNJOC408800510 N Bay Ave #102Beach HavenLBI$265,000
ClosedNJOC2002620100 E Lillie #U2Long Beach TownshipLBI$649,000
ClosedNJOC2001434102 W Roosevelt #C(3)Long Beach TownshipLBI$975,000
ClosedNJOC200134634 SunsetLong Beach TownshipLBI$999,500
ClosedNJOC20037424 E Goodrich AveLong Beach TownshipLBI$1,500,000
ClosedNJOC2002042110 SelfridgeLong Beach TownshipLBI$1,800,000
ClosedNJOC2003038120 W Ohio AveLong Beach TownshipLBI$1,975,000
ClosedNJOC407648103-B Long Beach BlvdLong Beach TownshipLBI$2,200,000
ClosedNJOC409394209 E 22nd StLong Beach TownshipLBI$4,500,000
Temporary Off MarketNJOC2003852166-G Marina #GLong Beach TownshipLBI$5,195,000
CanceledNJOC20022741 La BaiaLong Beach TownshipLBI$1,499,000
ExpiredNJOC200237816 E Nevada AveLong Beach TownshipLBI$1,249,000

LBI New Jersey Real Estate Sales Analysis

While overall activity was slow this week, the trends that we have been witnessing prevailed. There were twice as many pending sales as new listings this week. There were 3 listings that came back on the market after an existing deal fell apart, so the overall impact to the market was not as bad as it could have been. There are 178 active listings in the MLS this week and130 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 11/21/2021-11/28/2021 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

More LBI Real Estate Information:

Are Homes No Longer Affordable

LBI Real Estate Interest Rates