Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12-22-2024 to 12-29-2024
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Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 12-22-2024 to 12-29-2024: The last full week of sales in 2024 showed very little activity. In fact, there were only 17 changes to the market this week! This is not at all surprising given this week fell over Christmas and we normally see a slow down during this time of year. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 2 new listings entered the market
- 3 listings went under contract with an average listing price of about $1,531,666
- 4 properties sold on Long Beach Island with an average price of $2,093,750
- 0 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 12-22-2024 to 12-29-2024
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 lowered, PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), CLOSED means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing. Note that this is for single-family homes, condos, duplexes, and commercial real estate listed by all local Long Beach Island real estate agencies, and all data is taken from the Bright MLS system.
| Last Change Type | MLS # | Address | City | Area | Current Price |
| New Active | NJOC2030794 | 102 W Roosevelt Ave #BS #27 | Long Beach Township | LBI Real Estate Market | $99,000 |
| New Active | NJOC2030778 | 15 E 16th St | Long Beach Township | LBI Real Estate Market | $2,275,000 |
| Back to Active | NJOC2029470 | 9 E Stanton | Long Beach Township | LBI Real Estate Market | $2,999,999 |
| Active Under Contract | NJOC2028522 | 100 S West Avenue #3 | Beach Haven | LBI Real Estate Market | $1,695,000 |
| Pending | NJOC2029876 | 253 W 21st St | Ship Bottom | LBI Real Estate Market | $999,999 |
| Pending | NJOC2027586 | 119 E South 34th | Long Beach Township | LBI Real Estate Market | $1,899,999 |
| Closed | NJOC2029312 | 249 W 17th St | Ship Bottom | LBI Real Estate Market | $1,350,000 |
| Closed | NJOC2027812 | 5 W Sand Dune | Long Beach Township | LBI Real Estate Market | $1,699,999 |
| Closed | NJOC2030816 | 1405 N Long Beach Blvd | Surf City | LBI Real Estate Market | $2,550,000 |
| Closed | NJOC2030812 | 5 E 85th St | Harvey Cedars | LBI Real Estate Market | $2,775,000 |
| Temporary Off Market | NJOC2029160 | 1 Cedars Ave | Harvey Cedars | LBI Real Estate Market | $1,789,000 |
| Temporary Off Market | NJOC2029158 | 1 Cedars Ave | Harvey Cedars | LBI Real Estate Market | $1,789,000 |
| Withdrawn | NJOC2030588 | 13 W Washington | Long Beach Township | LBI Real Estate Market | $1,399,000 |
| Canceled | NJOC2029658 | 100 86th Sea Glass | Beach Haven | LBI Real Estate Market | $2,150,000 |
| Canceled | NJOC2027004 | 1714 Bay Ter | Long Beach Township | LBI Real Estate Market | $2,350,000 |
| Expired | NJOC2026810 | 274 W 10th St | Ship Bottom | LBI Real Estate Market | $2,049,000 |
| Expired | NJOC2026740 | 87-C Long Beach Blvd | Long Beach Township | LBI Real Estate Market | $3,999,000 |
LBI New Jersey Real Estate Sales Analysis
2024 ended up being a strong year for the LBI real estate market. Once again, home sales on Long Beach Island moved higher with strong demand and increased pricing. Confidence in home sales on LBI seems strong as well, and we are still seeing stiff competition for many listings. That said, the market returned to a more normal state, with homes spending a little longer on the market than in prior years and buyers making smarter investments. Overall, the Long Beach Island real estate market performed well in 2024 and should start 2025 with the same momentum. There are 100 active listings in the MLS this week and 43 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 12-22-2024 to 12-29-2024, 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