LBI Real Estate Weekly Sales Update 11/24/2024-12/1/2024

LBI Real Estate Weekly Sales Update 11/24/2024-12/1/2024

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/24/2024-12/1/2024

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 11/24/2024-12/1/2024: The last week of November showed steady activity in the Long Beach Island real estate market. This week, pending sales saw more activity than new listings, but in all the market was balanced. In addition to this LBI real estate weekly sales update, be sure to visit my monthly analysis of home sales on Long Beach Island NJ. This page tracks all activity in the Long Beach Island real estate market month by month and helps to give buyers, sellers, and investors some good insight into LBI real estate market activity. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 7 new listings entered the market with an average price of $3,140,857
  • 10 listings went under contract with an average listing price of about $2,130.800
  • 8 properties sold on Long Beach Island with an average price of $2,200,625
  • 7 listings saw price reductions in the LBI real estate market and one home increased the listing price

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 11/24/2024-12/1/2024

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 lowered, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note that this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies, and all data is taken from the Bright MLS system.

Last Change Type MLS # Address City Area Current Price
Coming Soon NJOC2030184 214 25th Long Beach Township Long Beach Island Real Estate Market $3,499,000
New Active NJOC2030386 220 Taylor Ave Beach Haven Long Beach Island Real Estate Market $2,399,000
New Active NJOC2030408 409 Tidal Dr Long Beach Township Long Beach Island Real Estate Market $2,599,000
New Active NJOC2030370 38 Maiden Lane Harvey Cedars Long Beach Island Real Estate Market $2,795,000
New Active NJOC2030414 38 Maiden Ln Harvey Cedars Long Beach Island Real Estate Market $2,795,000
New Active NJOC2030434 115 W Kimberly Ave Long Beach Township Long Beach Island Real Estate Market $3,899,000
New Active NJOC2030448 334 W 19th St Ship Bottom Long Beach Island Real Estate Market $3,999,999
Back to Active NJOC2028324 2206 Central Ave Barnegat Light Long Beach Island Real Estate Market $1,775,000
Price Decrease NJOC2030230 1810 Central Ave #13 Ship Bottom Long Beach Island Real Estate Market $749,900
Price Decrease NJOC2029126 7 W 29th Long Beach Township Long Beach Island Real Estate Market $1,150,000
Price Decrease NJOC2028498 34 W 8th Street Barnegat Light Long Beach Island Real Estate Market $1,499,000
Price Decrease NJOC2029160 1 Cedars Ave Harvey Cedars Long Beach Island Real Estate Market $1,789,000
Price Decrease NJOC2029158 1 Cedars Ave Harvey Cedars Long Beach Island Real Estate Market $1,789,000
Price Decrease NJOC2028686 9-D Arnold Long Beach Township Long Beach Island Real Estate Market $2,199,000
Price Decrease NJOC2023316 19 W 6th St Barnegat Light Long Beach Island Real Estate Market $16,000,000
Price Increase NJOC2029422 24 Beacon Dr Long Beach Township Long Beach Island Real Estate Market $5,395,000
Active Under Contract NJOC2029162 4 W Kansas Avenue Unit 4a Long Beach Township Long Beach Island Real Estate Market $699,000
Active Under Contract NJOC2029312 249 W 17th St Ship Bottom Long Beach Island Real Estate Market $1,450,000
Active Under Contract NJOC2030042 120 E Kentucky Ave Long Beach Township Long Beach Island Real Estate Market $2,350,000
Active Under Contract NJOC2022674 23 W 83rd St Harvey Cedars Long Beach Island Real Estate Market $3,399,999
Pending NJOC2029342 1810 Central Ave #5 Ship Bottom Long Beach Island Real Estate Market $750,000
Pending NJOC2028782 510 N Bay Ave #208 Beach Haven Long Beach Island Real Estate Market $865,000
Pending NJOC2027802 328 W 6th St Ship Bottom Long Beach Island Real Estate Market $1,050,000
Pending NJOC2025592 4300-C Long Beach Blvd Long Beach Township Long Beach Island Real Estate Market $1,950,000
Pending NJOC2029272 119 N 17th St Surf City Long Beach Island Real Estate Market $2,299,000
Pending NJOC2026000 5701 Ocean Blvd Long Beach Township Long Beach Island Real Estate Market $6,495,000
Closed NJOC2028252 2105 Central Ave Barnegat Light Long Beach Island Real Estate Market $900,000
Closed NJOC2028800 2 W 29th Long Beach Township Long Beach Island Real Estate Market $1,225,000
Closed NJOC2027194 321 Jefferis Ave Beach Haven Long Beach Island Real Estate Market $1,530,000
Closed NJOC2027062 1210 Long Beach #A Long Beach Township Long Beach Island Real Estate Market $1,700,000
Closed NJOC2030260 2510 N Atlantic Long Beach Township Long Beach Island Real Estate Market $2,450,000
Closed NJOC2028462 112 E 13th Long Beach Township Long Beach Island Real Estate Market $2,500,000
Closed NJOC2028294 3501 Ocean Blvd Long Beach Township Long Beach Island Real Estate Market $2,900,000
Closed NJOC2028866 151-B Long Beach Long Beach Township Long Beach Island Real Estate Market $4,400,000
Temporary Off Market NJOC2027394 2600 Long Beach Blvd #2 Long Beach Township Long Beach Island Real Estate Market $1,625,000
Temporary Off Market NJOC2027392 2600 Long Beach Blvd #1 Long Beach Township Long Beach Island Real Estate Market $1,725,000
Expired NJOC2026144 336 N 6th Street Surf City Long Beach Island Real Estate Market $1,299,999
Expired NJOC2026052 51 N 24th Street Surf City Long Beach Island Real Estate Market $1,399,000
Expired NJOC2026200 13 Washington Ave Long Beach Township Long Beach Island Real Estate Market $1,499,000
Expired NJOC2025956 409 Tidal Dr Long Beach Township Long Beach Island Real Estate Market $2,599,000

LBI New Jersey Real Estate Sales Analysis

There were a higher-than-average number of price reductions this week, but as we come toward the year’s end, we often see some sellers dropping their prices. This can help spur activity, and there is still time for a closing in 2024 if a buyer and seller move quickly. Sometimes, there are tax advantages to closing in one year versus another, so a price drop may be better than a poor tax position. There are 125 active listings in the MLS this week and 55 pending sales which is about the same as the past few weeks. 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 11/24/2024-12/1/2024, 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