LBI Real Estate Weekly Sales Update 12/26/2021-1/2/2022

LBI Real Estate Weekly Sales Update 12/26/2021-1/2/2022

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/26/2021-1/2/2022

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 12/26/2021-1/2/2022: Happy New Year! This is the first weekly sales update of 2022 and things got off to an interesting start overall. There were a total of 49 changes to the Long Beach Island real estate market this week, but a large percentage of these changes were due to expired listings. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 1 new listing entered the market
  • 11 listings went under contract with an average listing price of about $2,006,491
  • 7 properties sold on Long Beach Island with an average price of $1,741,286
  • 1 listing saw A price reduction 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 12/26/2021-1/2/2022

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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.

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Last Change TypeMLS #AddressCityAreaCurrent Price – Decimal
New ActiveNJOC200583412 W 18thLong Beach TownshipLBI$2,695,000
Back to ActiveNJOC2004192107 W 18th StShip BottomLBI$799,000
Back to ActiveNJOC2003122107 W 18th StShip BottomLBI$799,000
Back to ActiveNJOC200113629 N 4th StSurf CityLBI$1,999,000
Price DecreaseNJOC2000492304 W 21st StShip BottomLBI$2,295,000
Price IncreaseNJOC200396013 W 22nd StBarnegat LightLBI$1,049,000
Active Under ContractNJOC20051362501 Beach AveLong Beach TownshipLBI$1,299,000
Active Under ContractNJOC2004596245 W 19th StShip BottomLBI$1,390,000
Active Under ContractNJOC2004934100 W Ship Bottom AveShip BottomLBI$1,650,000
Active Under ContractNJOC200515210 Butler RdLong Beach TownshipLBI$1,965,000
PendingNJOC410350102 Roosevelt Ave W #BS – 22Long Beach TownshipLBI$29,500
PendingNJOC2003236248 W 10th StShip BottomLBI$949,900
PendingNJOC2004626134 10th StBeach HavenLBI$1,100,000
PendingNJOC20044843501 Long BeachLong Beach TownshipLBI$1,199,000
PendingNJOC20043209 W Holgate AveLong Beach TownshipLBI$2,099,000
PendingNJOC2003718125 Herbert AveLong Beach TownshipLBI$2,395,000
PendingNJOC40440861 D Long Beach BlvdLong Beach TownshipLBI$7,995,000
ClosedNJOC200231833 W 9th StBarnegat LightLBI$940,000
ClosedNJOC200381636-B Long Beach BlvdLong Beach TownshipLBI$1,500,000
ClosedNJOC2003292103 E 26th StShip BottomLBI$1,699,000
ClosedNJOC2004314218 Stratford AveBeach HavenLBI$1,775,000
ClosedNJOC4104105 W S 32ndLong Beach TownshipLBI$1,800,000
ClosedNJOC41010011 E Bergen AveHarvey CedarsLBI$2,225,000
ClosedNJOC200014722 N 9th StSurf CityLBI$2,250,000
Temporary Off MarketNJOC2005602104 W 22nd StShip BottomLBI$745,000
Temporary Off MarketNJOC20005522011 E Bay TerShip BottomLBI$2,595,000
WithdrawnNJOC20055082910 BeachLong Beach TownshipLBI$1,150,000
CanceledNJOC39166083 TebcoLong Beach TownshipLBI$1,590,000
CanceledNJOC2003476411 N 3rd StSurf CityLBI$1,799,000
CanceledNJOC2000092199 Nautilus DrLong Beach TownshipLBI$4,495,000
ExpiredNJOC200263250 OhioLong Beach TownshipLBI$2,500
ExpiredNJOC200303418 E NevadaLong Beach TownshipLBI$1,245,000
ExpiredNJOC408526273 N 2nd StSurf CityLBI$1,299,000
ExpiredNJOC20039468108 Beach AveLong Beach TownshipLBI$1,349,000
ExpiredNJOC20039428108 Beach AveLong Beach TownshipLBI$1,349,000
ExpiredNJOC200042657 Adrian RoadLong Beach TownshipLBI$1,350,000
ExpiredNJOC4076761607 Long Beach BoulevardSurf CityLBI$1,395,000
ExpiredNJOC4084181607 Long Beach BoulevardSurf CityLBI$1,395,000
ExpiredNJOC40477613600 Long Beach BlvdLong Beach TownshipLBI$1,450,000
ExpiredNJOC20034842514 Central AveShip BottomLBI$1,799,000
ExpiredNJOC20005201 W GoodrichLong Beach TownshipLBI$1,800,000
ExpiredNJOC2003746220 Taylor AveBeach HavenLBI$1,995,000
ExpiredNJOC2003388220 Taylor AveBeach HavenLBI$1,995,000
ExpiredNJOC2003824502 BroadwayBarnegat LightLBI$1,999,900
ExpiredNJOC200051212 W 18thLong Beach TownshipLBI$2,695,000
ExpiredNJOC2002684107 E LillieLong Beach TownshipLBI$2,949,900
ExpiredNJOC40265012415 OceanLong Beach TownshipLBI$3,400,000
ExpiredNJOC20037641117 Long Beach BlvdLong Beach TownshipLBI$6,500,000
ExpiredNJOC20026121117 Long Beach BlvdLong Beach TownshipLBI$6,500,000

LBI New Jersey Real Estate Sales Analysis

The number of homes for sale on Long Beach Island fell dramatically this week. Not counting pending sales, there were 25 listings that expired or with withdrawn from the market. This reduction in inventory makes it all the harder for a buyer to find a home to purchase. There are 128 active listings in the MLS this week which is one of the lowest numbered we have seen in months. There are 113 pending sales. It is worth mentioning that a number of the “active” listings have contracts on them but the listing agent has not yet updated the MLS. Therefore, the actual number of homes for sale on LBI is probably less than 100 at present. 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 12/26/2021-1/2/2022 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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