LBI Real Estate Weekly Sales Update 12/12/2021-12/19/2021

LBI Real Estate Weekly Sales Update 12/12/2021-12/19/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/12/2021-12/19/2021

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 12/12/2021-12/19/2021: As 2021 winds down, there was a slight increase in overall market activity this week. There were a total of 40 changes to the Long Beach Island real estate market this week with a high number of closed transactions! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 5 new listings entered the market with an average price of $2,187,600
  • 9 listings went under contract with an average listing price of about $1,947,889
  • 16 properties sold on Long Beach Island with an average price of $1,661,806
  • 3 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 12/12/2021-12/19/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityAreaCurrent Price – Decimal
Coming SoonNJOC20055404 E Arts LnLong Beach TownshipLBI$4,495,000
New ActiveNJOC20054541308 Central AveShip BottomLBI$899,000
New ActiveNJOC20055082910 BeachLong Beach TownshipLBI$1,150,000
New ActiveNJOC20042281607 N Long Beach BlvdSurf CityLBI$1,395,000
New ActiveNJOC2005240123 E Muriel AveLong Beach TownshipLBI$2,999,000
Price DecreaseNJOC200401019 E Nevada AveBeach HavenLBI$1,395,000
Price DecreaseNJOC408978112 Shore AveSurf CityLBI$1,999,000
Price DecreaseNJOC4094203205 Ocean BlvdLong Beach TownshipLBI$3,395,000
Active Under ContractNJOC20042348 E 77th StHarvey CedarsLBI$1,865,000
PendingNJOC408802510 N Bay Ave #104Beach HavenLBI$279,000
PendingNJOC200523217 E 14th StBarnegat LightLBI$1,499,000
PendingNJOC2004794203 Berkeley AveBeach HavenLBI$1,650,000
PendingNJOC409382261 W 19th StShip BottomLBI$1,999,000
PendingNJOC2004208402 Tidal DrLong Beach TownshipLBI$2,195,000
PendingNJOC20036389 E 16th StBarnegat LightLBI$2,249,000
PendingNJOC20049622 E 70th StHarvey CedarsLBI$2,795,000
PendingNJOC200429684 W CaliforniaLong Beach TownshipLBI$3,000,000
ClosedNJOC20023888311 Long Beach Blvd #4Long Beach TownshipLBI$505,000
ClosedNJOC2000113201 W 6th StShip BottomLBI$780,000
ClosedNJOC2003348245 W 17th StShip BottomLBI$800,000
ClosedNJOC20034461 Marine St #5Beach HavenLBI$865,000
ClosedNJOC200013917 WashingtonLong Beach TownshipLBI$949,900
ClosedNJOC2002860106 E 18th StShip BottomLBI$955,000
ClosedNJOC20001332014 S Bay AveBeach HavenLBI$1,215,000
ClosedNJOC200310412 E 8th StBarnegat LightLBI$1,370,000
ClosedNJOC2001262328 N 13th StSurf CityLBI$1,499,000
ClosedNJOC20034428401 Long Beach BlvdHarvey CedarsLBI$1,550,000
ClosedNJOC2001758304 W 10th StShip BottomLBI$1,900,000
ClosedNJOC200138813510 Atlantic AveLong Beach TownshipLBI$2,300,000
ClosedNJOC409066602 N Long Beach BlvdSurf CityLBI$2,300,000
ClosedNJOC4083121094-B Long Beach Blvd #BLong Beach TownshipLBI$2,800,000
ClosedNJOC2003690156 Marina BlvdLong Beach TownshipLBI$3,100,000
ClosedNJOC20036703405 S Long BeachLong Beach TownshipLBI$3,700,000
Temporary Off MarketNJOC200212857-B Long Beach #BLong Beach TownshipLBI$7,895,000
WithdrawnNJOC2003472128 E Sand Dune LnLong Beach TownshipLBI$3,400,000
CanceledNJOC20002372014 S Bay AveBeach HavenLBI$999,000
ExpiredNJOC2003098221 W 13th StShip BottomLBI$899,000
ExpiredNJOC20030461093-C Long Beach BlvdLong Beach TownshipLBI$3,699,999
ExpiredNJOC20023261126-C Long BeachLong Beach TownshipLBI$3,800,000
ExpiredNJOC41024491-D Long Beach BlvdLong Beach TownshipLBI$7,300,000

LBI New Jersey Real Estate Sales Analysis

It is no surprise that the vase majority of activity this week was in the form of closed transactions. Many buyer and sellers are making a dash to close before Christmas and before the New Year. It is likely that next week will echo this trend with a lot of homes selling! Inventory continues to fall thought-out the LBI real estate market. There are 154 active listings in the MLS this week and 118 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 12/12/2021-12/19/2021 please do not hesitate to contact me. To all my readers, have a Merry Christmas and Happy Holiday!!

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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