LBI Real Estate Weekly Sales Update 11/7/2021-11/14/2021

LBI Real Estate Weekly Sales Update 11/7/2021-11/14/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 11/7/2021-11/14/2021

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 11/7/2021-11/14/2021: It was another slower week in the Long Beach Island real estate market, but that is to be expected this time of year. As we enter the holiday season, market activity tends to drop off until after the new year. Still, there were 67 changes to the MLS and a high number of pending sales. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 13 new listings entered the market with an average price of $2,100,077
  • 19 listings went under contract with an average listing price of about $1,392,416
  • 20 properties sold on Long Beach Island with an average price of $1,218,433
  • 5 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 11/7/2021-11/14/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityCurrent Price – Decimal
New ActiveNJOC2004450111 W 18th St #2Ship Bottom$409,000
New ActiveNJOC20044843501 Long BeachLong Beach Township$1,199,000
New ActiveNJOC2004596245 W 19th StShip Bottom$1,390,000
New ActiveNJOC20045781-W South 31st StLong Beach Township$1,699,000
New ActiveNJOC2004470221 Pearl StBeach Haven$1,799,000
New ActiveNJOC2004464122 E 29th StShip Bottom$1,799,000
New ActiveNJOC20042348 E 77th StHarvey Cedars$1,865,000
New ActiveNJOC2004572386 N 5th StSurf City$2,299,000
New ActiveNJOC2004566411 S Bay Ave SBeach Haven$2,495,000
New ActiveNJOC20043282400 N Long Beach BlvdSurf City$2,499,000
New ActiveNJOC20046022 Taylor AveBeach Haven$2,500,000
New ActiveNJOC20044125308-G Long Beach BlvdHarvey Cedars$3,499,000
New ActiveNJOC2004526180 Marina BlvdLong Beach Township$3,849,000
Back to ActiveNJOC4085421817 Central AveShip Bottom$829,000
Back to ActiveNJOC4083461817 Central AveShip Bottom$829,000
Back to ActiveNJOC200013917 WashingtonLong Beach Township$949,900
Price DecreaseNJOC2000005111 E 26th StShip Bottom$875,000
Price DecreaseNJOC2003156221 W 13th StShip Bottom$899,000
Price DecreaseNJOC2003098221 W 13th StShip Bottom$899,000
Price DecreaseNJOC2002860106 E 18th StShip Bottom$950,000
Price DecreaseNJOC20025525 W 19th StLong Beach Township$2,100,000
Active Under ContractNJOC2000702204 S Atlantic Ave #201Beach Haven$499,000
Active Under ContractNJOC20039828 W Jacqueline AveLong Beach Township$865,000
Active Under ContractNJOC200207883 N OhioLong Beach Township$1,649,000
Active Under ContractNJOC2004314218 Stratford AveBeach Haven$1,799,000
PendingNJOC4032642508 Long Beach BlvdShip Bottom$350,000
PendingNJOC4032482504 Long Beach Blvd #3AShip Bottom$350,000
PendingNJOC2002030252 W 17th St #CShip Bottom$485,000
PendingNJOC2003024204 S Atlantic Ave #301Beach Haven$644,900
PendingNJOC20042161001 Ocean #1011Ship Bottom$775,000
PendingNJOC2004130101 Engleside Ave #4Beach Haven$799,000
PendingNJOC200281427 E 23rd StLong Beach Township$1,249,000
PendingNJOC2002048116 E 13th StLong Beach Township$1,399,000
PendingNJOC20034702510 AtlanticLong Beach Township$1,599,000
PendingNJOC20030281118-B Long Beach #BLong Beach Township$1,649,000
PendingNJOC2003516318 Holyoke AveBeach Haven$1,699,000
PendingNJOC2001758304 W 10th StShip Bottom$1,995,000
PendingNJOC2002756211 Liberty AveBeach Haven$1,999,999
PendingNJOC40866212 E 30th StBarnegat Light$2,800,000
PendingNJOC408488126 E TexasLong Beach Township$3,849,999
ClosedNJOC2000249130 Chatsworth Ave #1Beach Haven$650,000
ClosedNJOC2002890116 E 19th St EShip Bottom$749,999
ClosedNJOC200086422 Mea LnLong Beach Township$785,000
ClosedNJOC20028542 W 14th StBarnegat Light$850,000
ClosedNJOC2003244405 Dock RdBeach Haven$875,000
ClosedNJOC2001948204 Engleside Ave #BBeach Haven$899,000
ClosedNJOC2001406204 Engleside Ave #CBeach Haven$914,000
ClosedNJOC2002700257 N 13th StSurf City$925,000
ClosedNJOC2001404204 Engleside Ave #ABeach Haven$985,000
ClosedNJOC2002324216 17th StSurf City$999,000
ClosedNJOC2003458214 N 25th StSurf City$1,050,000
ClosedNJOC41032820 Buckingham AveHarvey Cedars$1,070,000
ClosedNJOC20006486305-A Long Beach BlvdHarvey Cedars$1,247,500
ClosedNJOC4094421419 Long Beach BlvdSurf City$1,250,000
ClosedNJOC20025204-East 18thLong Beach Township$1,350,153
ClosedNJOC409276120 Taylor AveBeach Haven$1,375,000
ClosedNJOC20034383 E Middlesex AveHarvey Cedars$1,399,000
ClosedNJOC200050465-A Long Beach BlvdLong Beach Township$1,700,000
ClosedNJOC20016747 Judith AveLong Beach Township$1,795,000
ClosedNJOC407052126 Laguna LnLong Beach Township$3,500,000
Temporary Off MarketNJOC200393016 E SailboatLong Beach Township$1,900,000
WithdrawnNJOC20034842514 Central AveShip Bottom$1,799,000
WithdrawnNJOC2004344386 N 5th StSurf City$2,316,000
CanceledNJOC20028162100 N Long Beach BlvdSurf City$999,000
CanceledNJOC2001584245 W 19th St WShip Bottom$1,475,000
ExpiredNJOC410618210 18th WShip Bottom$1,850,000
ExpiredNJOC409682135-A Long Beach BlvdLong Beach Township$2,495,000

LBI New Jersey Real Estate Sales Analysis

Pending sales far outpaced the number of new listings entering the market this week, and the disparity between new listings and pending sales all but erased the gains we have seen in inventory. There were 5 price reductions which has been the norm for the past several weeks and a stark contrast from this time one year ago (when there were basically no reductions). It looks like some sellers are pricing too high and buyers are showing temperance-which is a good a healthy thing for the local market. There are 183 active listings in the MLS this week and 142 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 11/7/2021-11/14/2021 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:

Five Things to Consider When Making an Offer in the LBI Real Estate Market

Planning For Higher Interest Rates in the Long Beach Island Real Estate Market

Are Long Beach Island Homes No Longer Affordable?

Pre-offer Home Inspection for Buying a House on Long Beach Island

Things You Need to Know Before Buying a Condo in the LBI Real Estate Market