Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/13/2020-12/20/2020
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 12/13/2020-12/20/2020 
LBI Real Estate Weekly Sales Update 12/13/2020-12/20/2020 
LBI Real Estate Weekly Sales Update 12/13/2020-12/20/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 12/13/2020-12/20/2020: There were a total 66 changes to the Long Beach Island real estate market this week. This represents a significant drop off in transactions compared to past 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. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 15 new listings entered the market with an average price of $1,151,647
- 15 listings went under contract with an average listing price of about $1,377,053
- 27 properties sold on Long Beach Island with an average price of $1,368,404
- 19 listings were either withdrawn of expired in the LBI real estate market
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 12/13/2020-12/20/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 Type | MLS # | Address | City | Current Price – Decimal |
| New Active | NJOC406000 | 2307 N Long Beach Blvd | Surf City | $674,900 |
| New Active | NJOC405978 | 700 N Long Beach Blvd | Surf City | $724,000 |
| New Active | NJOC405964 | 313 Centre St | Beach Haven | $769,000 |
| New Active | NJOC405974 | 4 Sandy Cove Lane | Long Beach Township | $1,595,000 |
| New Active | NJOC405954 | 20 Lange Ave | Harvey Cedars | $1,895,000 |
| New Active | NJOC405982 | 108 E Dune Ln | Long Beach Township | $1,995,000 |
| Back to Active | NJOC405090 | 333 N 7th Street | Surf City | $649,900 |
| Back to Active | NJOC394474 | 504 Central Ave | Barnegat Light | $825,000 |
| Price Decrease | NJOC405602 | 19 W Jeanette Ave | Long Beach Township | $925,000 |
| Price Decrease | NJOC405364 | 6 E Passaic Ave | Harvey Cedars | $1,579,000 |
| Active Under Contract | NJOC405652 | 310 S West Ave S #2G | Beach Haven | $389,000 |
| Active Under Contract | NJOC405910 | 508 Central Ave | Barnegat Light | $849,900 |
| Active Under Contract | NJOC404530 | 3 E 16th | Long Beach Township | $1,125,000 |
| Active Under Contract | NJOC402864 | 2-A W Dune Ln | Long Beach Township | $1,179,000 |
| Active Under Contract | NJOC396932 | 1605 N Ocean Ave | Surf City | $2,100,000 |
| Pending | NJOC403090 | 27 E 25th #C4 | Long Beach Township | $339,000 |
| Pending | NJOC403338 | 7700 Long Beach #A | Long Beach Township | $399,900 |
| Pending | NJOC404032 | 5608 Ocean Blvd Unit 4 | Long Beach Township | $449,000 |
| Pending | NJOC403826 | 9306 N Susan Ln | Long Beach Township | $799,999 |
| Pending | NJOC405766 | 407 B Coral St | Beach Haven | $929,000 |
| Pending | NJOC400270 | 100 W South 33rd St | Long Beach Township | $999,900 |
| Pending | NJOC402678 | 7 E Virginia | Long Beach Township | $1,149,000 |
| Pending | NJOC405676 | 135 Maryland #2 | Long Beach Township | $1,329,000 |
| Pending | NJOC403650 | 135 W Maryland #1 | Long Beach Township | $1,329,000 |
| Pending | NJOC405498 | 101 E New York Ave | Long Beach Township | $1,499,000 |
| Pending | NJOC405254 | 101 E New York Ave | Long Beach Township | $1,499,000 |
| Pending | NJOC405812 | 1016-B Long Beach Blvd #B | Long Beach Township | $1,849,999 |
| Pending | NJOC404314 | 2 Coast | Long Beach Township | $1,899,000 |
| Pending | NJOC402926 | 5301 S Long Beach Blvd | Long Beach Township | $2,595,000 |
| Pending | NJOC402504 | 7213 Ocean | Long Beach Township | $3,590,000 |
| Closed | NJOC401732 | 214 Leeward Ave #A | Beach Haven | $540,000 |
| Closed | NJOC404292 | 7301 Long Beach #1296 B5 | Beach Haven | $649,000 |
| Closed | NJOC397166 | 510 N Bay Ave #304 | Beach Haven | $709,000 |
| Closed | NJOC397168 | 510 N Bay Ave #306 | Beach Haven | $709,000 |
| Closed | NJOC397180 | 510 N Bay Ave #209 | Beach Haven | $729,000 |
| Closed | NJOC404138 | 5513 Bayview Ave | Long Beach Township | $750,000 |
| Closed | NJOC404364 | 246 W 14th St W | Ship Bottom | $750,000 |
| Closed | NJOC401796 | 329 W Fairview Ave | Beach Haven | $800,000 |
| Closed | NJOC403592 | 10 W Stanton Ave | Long Beach Township | $870,000 |
| Closed | NJOC403482 | 11 Warwick Ave | Harvey Cedars | $905,000 |
| Closed | NJOC404554 | 128 E 13th | Long Beach Township | $995,000 |
| Closed | NJOC404224 | 46 Amherst Rd | Long Beach Township | $1,099,900 |
| Closed | NJOC403100 | 55 Bayview Ave | Long Beach Township | $1,100,000 |
| Closed | NJOC401518 | 101 E Virginia | Long Beach Township | $1,250,000 |
| Closed | NJOC396176 | 2 W Jeffrey | Long Beach Township | $1,335,000 |
| Closed | NJOC397948 | 4 W Roosevelt Ave | Long Beach Township | $1,351,000 |
| Closed | NJOC404456 | 213 Nautilus Dr | Long Beach Township | $1,399,000 |
| Closed | NJOC406028 | 338 W 4th St | Ship Bottom | $1,435,000 |
| Closed | NJOC403288 | 312 W 19th St | Ship Bottom | $1,450,000 |
| Closed | NJOC403600 | 127 W New Jersey Ave | Long Beach Township | $1,500,000 |
| Closed | NJOC404652 | 117 E Cape Cod Ln | Long Beach Township | $1,509,000 |
| Closed | NJOC402950 | 19 E 52nd | Long Beach Township | $1,700,000 |
| Closed | NJOC138166 | 14 4th St | Beach Haven | $2,300,000 |
| Closed | NJOC394422 | 111 E Lillie | Long Beach Township | $2,450,000 |
| Closed | NJOC399784 | 1089-B Long Beach Blvd. #B | Long Beach Township | $2,700,000 |
| Closed | NJOC394822 | 1901 Virginia Ave | Beach Haven | $2,877,000 |
| Closed | NJOC140782 | 4803 S Long Beach Blvd | Long Beach Township | $3,085,000 |
| Temporary Off Market | NJOC404102 | 312 N 3rd St | Surf City | $769,000 |
| Withdrawn | NJOC405872 | 318 Leeward Ave #B | Beach Haven | $549,900 |
| Withdrawn | NJOC404218 | 429-431 Engleside Ave | Beach Haven | $959,000 |
| Withdrawn | NJOC403682 | 429-431 Engleside Ave | Beach Haven | $959,000 |
| Withdrawn | NJOC403444 | 4004 Ocean | Long Beach Township | $1,259,000 |
| Canceled | NJOC394388 | 2 Lagoon Dr S | Long Beach Township | $719,000 |
| Canceled | NJOC394820 | 1901 Virginia Ave | Beach Haven | $2,999,000 |
| Expired | NJOC393558 | 123 E 14th | Long Beach Township | $759,000 |
| Expired | NJOC392376 | 15 S 2nd St | Surf City | $1,549,000 |
LBI New Jersey Real Estate Sales Analysis
Things have clearly slowed down in the LBI real estate market but there is no cause for alarm yet. This time of year is always slow. There is still a large body of evidence to support the strength of the LBI real estate market and this centers around the number of active listings vs pending sales. As you can see from the above data, there were 15 new listings and 15 pending sales. Demand has not waned and we are still seeing the same ratios of new and sold homes as we have seen over the past several months. It is worth noting that an additional 9 homes left the market in addition to the 15 pending sales so there was once again a net loss of inventory. So long as this continues, the market will rise. 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 12/13/2020-12/20/2020 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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