LBI Real Estate Weekly Sales Update 12/04/2022-12/11/2022

LBI Real Estate Weekly Sales Update 12/04/2022-12/11/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/04/2022-12/11/2022

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 12/04/2022-12/11/2022: It was a very busy week in the LBI real estate market with 44 changes to the MLS. This is a big increase to what we have been seeing over the past several weeks. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 12 new listings entered the market with an average price of $2,889,496
  • 9 listings went under contract with an average listing price of about $1,998,433
  • 7 properties sold on Long Beach Island with an average price of $1,461,143
  • 1 listing saw a price reduction and 1 listing saw a price increase 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 12/04/2022-12/11/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityHome Price
Coming SoonNJOC20152189 W Cumberland AveHarvey Cedars$3,595,000
Coming SoonNJOC2015126132-D Long Beach BoulevardLong Beach Township$4,299,000
New ActiveNJOC2015182415 N Bay AveBeach Haven$1,425,000
New ActiveNJOC20151387 PershingLong Beach Township$1,510,950
New ActiveNJOC2015226340 Kentford AveBeach Haven$1,599,000
New ActiveNJOC20151428001 Long Beach BlvdHarvey Cedars$1,599,000
New ActiveNJOC2015184400 N Bay AveBeach Haven$1,775,000
New ActiveNJOC201523629 4th StBeach Haven$2,279,000
New ActiveNJOC201526040 N 7th StreetSurf City$2,899,000
New ActiveNJOC2015014119 E 19th StShip Bottom$2,995,000
New ActiveNJOC201529244-E Long Beach BlvdLong Beach Township$5,199,000
New ActiveNJOC2015206210 N Bay AveBeach Haven$5,499,000
Back to ActiveNJOC201093017 E 15thLong Beach Township$2,099,000
Back to ActiveNJOC20085002 W ClevelandLong Beach Township$6,499,000
Price DecreaseNJOC2014060116 5th StBeach Haven$1,849,000
Price IncreaseNJOC20116021049-B Long BeachLong Beach Township$3,500,000
Active Under ContractNJOC2011286270 W 16th StShip Bottom$969,000
Active Under ContractNJOC2013566106 E 24th StLong Beach Township$1,099,000
Active Under ContractNJOC20137987 E 68th StHarvey Cedars$1,799,000
Active Under ContractNJOC2013876222 N 19th StSurf City$1,895,000
Active Under ContractNJOC201482042 W Holly DrLong Beach Township$3,495,000
Active Under ContractNJOC201474042 W Holly DrLong Beach Township$3,495,000
PendingNJOC201462812 E 78th St #7Harvey Cedars$139,900
PendingNJOC2013656324 2nd StBeach Haven$1,295,000
PendingNJOC2014454356 Dusty Miller DrLong Beach Township$3,799,000
ClosedNJOC2014306501 Amber StBeach Haven$922,000
ClosedNJOC201404215 W 8th StBarnegat Light$945,000
ClosedNJOC20133561046-A Long BeachLong Beach Township$1,100,000
ClosedNJOC20125706203 Long Beach BlvdLong Beach Township$1,460,000
ClosedNJOC2014310100 E ColoradoLong Beach Township$1,850,000
ClosedNJOC2014202112 E Florida AveLong Beach Township$1,851,000
ClosedNJOC20131988004 Bay TerHarvey Cedars$2,100,000
Temporary Off MarketNJOC20142746110 Long BeachLong Beach Township$980,000
Temporary Off MarketNJOC2013174107 15th StShip Bottom$1,989,000
Temporary Off MarketNJOC20084024911 S Long Beach BlvdLong Beach Township$3,995,000
WithdrawnNJOC201106212 Harding Ave #UNIT EASTLong Beach Township$1,100,000
WithdrawnNJOC201106412 Harding Ave #UNIT WESTLong Beach Township$1,150,000
WithdrawnNJOC201150812 HardingLong Beach Township$2,200,000
WithdrawnNJOC201320413 E Middlesex AveHarvey Cedars$2,850,000
CanceledNJOC2014448100 E ColoradoLong Beach Township$1,900,000
CanceledNJOC201160840 N 7th StreetSurf City$2,899,000
ExpiredNJOC201079614 E MarylandLong Beach Township$1,275,000
ExpiredNJOC20151488001 Long Beach BlvdHarvey Cedars$1,599,000
ExpiredNJOC201061217 Delaware AveLong Beach Township$2,790,000

LBI New Jersey Real Estate Sales Analysis

For the first time in several weeks, there were more new listings than pending sales. Interestingly enough, several of these listings were commercial real estate. Commerical listings tend to make up a very small percentage of the Long Beach Island real estate sales market, but this week saw some very unique opportunities. Despite the increase in new listings, overall inventory is still at one of the lowest levels we have seen. There are only 120 active single-family home listings in the MLS this week and 66 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 12/04/2022-12/11/2022 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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