LBI Real Estate Weekly Sales Update 12-10-2023 to 12-17-2023

LBI Real Estate Weekly Sales Update 12-10-2023 to 12-17-2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12-10-2023 to 12-17-2023

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 12-10-2023 to 12-17-2023: There were 36 changes to the LBI real estate market this week, which is about average activity. As usual, sales were balanced across the market with a nearly equal number of new listings and pending sales. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 8 new listings entered the market with an average price of $2,225,250
  • 5 listings went under contract with an average listing price of about $1,055,600
  • 11 properties sold on Long Beach Island with an average price of $1,503,036
  • 4 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 12-10-2023 to 12-17-2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityAreaZipCurrent Price
New ActiveNJOC202286427 Jacqueline Ave, Unit ALong Beach TownshipLong Beach Island (LBI)Zip Code 08008$925,000
New ActiveNJOC2022918510 N Bay Ave #302Beach HavenLong Beach Island (LBI)Zip Code 08008$999,000
New ActiveNJOC202285421 E 49th StLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,299,000
New ActiveNJOC20228688 W 85th StLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,799,000
New ActiveNJOC202290014 E 81st StHarvey CedarsLong Beach Island (LBI)Zip Code 08008$2,295,000
New ActiveNJOC2022896166-D Marina BlvdLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$2,495,000
New ActiveNJOC2022588166-D Marina BlvdLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$2,495,000
New ActiveNJOC2022590166-E Marina BlvdLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$5,495,000
Back to ActiveNJOC2021276358 W 6th StShip BottomLong Beach Island (LBI)Zip Code 08008$995,000
Price DecreaseNJOC2021878315 W 10th StShip BottomLong Beach Island (LBI)Zip Code 08008$889,000
Price DecreaseNJOC2020878510 N Bay Ave #202Beach HavenLong Beach Island (LBI)Zip Code 08008$979,000
Price DecreaseNJOC2021656356 W 14th StShip BottomLong Beach Island (LBI)Zip Code 08008$1,799,999
Price DecreaseNJOC201447059-D Long Beach BlvdLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$7,900,000
Active Under ContractNJOC2022384234 W 17th StShip BottomLong Beach Island (LBI)Zip Code 08008$800,000
Active Under ContractNJOC2022478109 W 25th StShip BottomLong Beach Island (LBI)Zip Code 08008$900,000
PendingNJOC2022170218 11th StBeach HavenLong Beach Island (LBI)Zip Code 08008$979,000
PendingNJOC2021932216 N 1st StSurf CityLong Beach Island (LBI)Zip Code 08008$999,999
PendingNJOC2020784202 E Chatsworth AveBeach HavenLong Beach Island (LBI)Zip Code 08008$1,599,000
ClosedNJOC2021308114 E 23rd St #11Ship BottomLong Beach Island (LBI)Zip Code 08008$849,000
ClosedNJOC2021388316 N 8th StSurf CityLong Beach Island (LBI)Zip Code 08008$925,000
ClosedNJOC2021002110 W Pennsylvania AveLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$999,900
ClosedNJOC202069615 E 25thLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,185,000
ClosedNJOC202090015 W Rhode Island AveLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,345,000
ClosedNJOC202166012 Roberts DrShip BottomLong Beach Island (LBI)Zip Code 08008$1,350,000
ClosedNJOC202071421 W 87th StLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,510,000
ClosedNJOC202087425 9th StBeach HavenLong Beach Island (LBI)Zip Code 08008$1,875,000
ClosedNJOC202246211410 BeachLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,995,500
ClosedNJOC202095018 4th StBeach HavenLong Beach Island (LBI)Zip Code 08008$1,999,000
ClosedNJOC2022464300 S Atlantic AveBeach HavenLong Beach Island (LBI)Zip Code 08008$2,500,000
Temporary Off MarketNJOC201638857-B Long Beach BlvdLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$7,595,000
WithdrawnNJOC20177342 W ClevelandLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$5,999,000
CanceledNJOC2021182234 N 6th StSurf CityLong Beach Island (LBI)Zip Code 08008$1,599,000
CanceledNJOC20205881 Hudson AveHarvey CedarsLong Beach Island (LBI)Zip Code 08008$2,499,000
ExpiredNJOC201529412904 Long BeachLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$1,450,000
ExpiredNJOC20153481210 Long Beach Blvd. Unit DLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$2,149,000
ExpiredNJOC20153461210 Long Beach Blvd. Unit CLong Beach TownshipLong Beach Island (LBI)Zip Code 08008$2,149,000

LBI New Jersey Real Estate Sales Analysis

The stand-out statistic this week was the average price of a pending home sale in the LBI real estate market. It was just over $1,000,000, which is the first time we have seen a number that low in years! In fact, of the 5 pending sales this week, only one was over $1,000,000! I don’t take this to mean the market is in any way experiencing trouble or a downturn, rather it just shows that there are still affordable options in the LBI real estate market. There are 182 active listings in the MLS this week and 41 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 12-10-2023 to 12-17-2023, 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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