LBI Real Estate Weekly Sales Update 12/05/2021-12/12/2021

LBI Real Estate Weekly Sales Update 12/05/2021-12/12/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/05/2021-12/12/2021

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 12/05/2021-12/12/2021: As 2021 winds down, the LBI real estate market has slowed to a crawl. This is the norm for this time of year, but with only 36 changes to the MLS, things are clearly slower! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 8 new listings entered the market with an average price of $1,940,000
  • 9 listings went under contract with an average listing price of about $1,460,000
  • 10 properties sold on Long Beach Island with an average price of $1,215,900
  • 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 12/05/2021-12/12/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
Coming SoonNJOC2005240123 E Muriel AveLong Beach Township$2,999,000
New ActiveNJOC200520213 E 11th StBarnegat Light$930,000
New ActiveNJOC200506213 E 11th StBarnegat Light$930,000
New ActiveNJOC20051362501 Beach AveLong Beach Township$1,299,000
New ActiveNJOC200523217 E 14th StBarnegat Light$1,499,000
New ActiveNJOC200523617 E 14th StBarnegat Light$1,499,000
New ActiveNJOC200515210 Butler RdLong Beach Township$1,965,000
New ActiveNJOC20051002 N 2nd StSurf City$4,399,000
Back to ActiveNJOC20041468602 Sandpiper LnHarvey Cedars$1,349,000
Back to ActiveNJOC20034702510 AtlanticLong Beach Township$1,599,000
Price DecreaseNJOC200401019 E Nevada AveBeach Haven$1,395,000
Price DecreaseNJOC2004800228 Stratford AveBeach Haven$1,999,900
Active Under ContractNJOC2004450111 W 18th St #2Ship Bottom$399,000
Active Under ContractNJOC200307024 W 12th StBarnegat Light$1,149,000
Active Under ContractNJOC20043946808 Suffolk PlHarvey Cedars$3,499,999
PendingNJOC2000113201 W 6th StShip Bottom$850,000
PendingNJOC2000005111 E 26th StShip Bottom$850,000
PendingNJOC20047045708 Ocean Blvd #U1Long Beach Township$995,000
PendingNJOC20002251 E StantonLong Beach Township$1,549,000
PendingNJOC200381636-B Long Beach BlvdLong Beach Township$1,599,000
PendingNJOC200014722 N 9th StSurf City$2,249,000
ClosedNJOC20034525003 Long Beach #U3Long Beach Township$680,000
ClosedNJOC2000087510 N Bay Ave #202Beach Haven$875,000
ClosedNJOC2000181279 S 2nd StSurf City$979,000
ClosedNJOC20002051 E 69th StHarvey Cedars$1,005,000
ClosedNJOC20017641404 S Bay AveBeach Haven$1,275,000
ClosedNJOC200281427 E 23rd StLong Beach Township$1,325,000
ClosedNJOC2003276258 N 2nd StSurf City$1,325,000
ClosedNJOC200021213015 BayviewLong Beach Township$1,400,000
ClosedNJOC2001622112 8th StBeach Haven$1,600,000
ClosedNJOC20037501070 Long Beach #DLong Beach Township$1,695,000
Temporary Off MarketNJOC2005326235 W 13th StShip Bottom$700,000
Temporary Off MarketNJOC2005310235 W 13th StShip Bottom$700,000
WithdrawnNJOC2002974115 E MermaidLong Beach Township$2,799,000
ExpiredNJOC2000576102 Roosevelt Ave #10Long Beach Township$28,500
ExpiredNJOC20036965403 Long Beach BlvdHarvey Cedars$1,799,000

LBI New Jersey Real Estate Sales Analysis

Even though the overall activity slowed down, the trends we have seen maintained. There were once again more pending sales than new listings, so the overall situation remains little changed. There were more sold homes, and this should only increase as buyers and sellers look to wrap up their LBI real estate transactions before the end of the year. There are 163 active listings in the MLS this week and 125 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 12/05/2021-12/12/2021 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:

Buying a Home in the Long Beach Island Real Estate Market

Why LBI Interest Rates Fuel the LBI Real Estate Market

Are Long Beach Island Homes No Longer Affordable?

New LBI Real Estate Single Family Home Listings Fall 2021