Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 12/6/2020-12/13/2020
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Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 12/6/2020-12/13/2020: Overall market activity dropped off considerably this week to levels not seen since the start of COVID-19. There were a total of 79 changes to the MLS which is more or less “normal” for Long Beach Island. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 13 new listings entered the market with an average price of $2,042,223 (driven higher by 2 new oceanfront listings, one of which is $9,000,000!)
- 25 listings went under contract with an average listing price of about $1,256,431
- 18 properties sold on Long Beach Island with an average price of $849,967
- 8 listings were either withdrawn of expired in the LBI real estate market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 12/6/2020-12/13/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 |
Coming Soon | NJOC405818 | 123 Mariners Ln | Long Beach Township | $4,295,000 |
New Active | NJOC405872 | 318 Leeward Ave #B | Beach Haven | $549,900 |
New Active | NJOC405888 | 300 W 18th St | Ship Bottom | $765,000 |
New Active | NJOC405790 | 12 Nevada | Long Beach Township | $849,000 |
New Active | NJOC405908 | 115 S 3rd St | Surf City | $879,000 |
New Active | NJOC405794 | 1305 Long Beach Blvd N Long Beach Blvd | Long Beach Township | $895,000 |
New Active | NJOC405366 | 1 Cedars Ave | Harvey Cedars | $1,275,000 |
New Active | NJOC405826 | 1214 N Atlantic Ave | Long Beach Township | $1,399,000 |
New Active | NJOC405792 | 217 Nautilus Dr | Long Beach Township | $1,399,000 |
New Active | NJOC405842 | 8 85th | Long Beach Township | $1,499,000 |
New Active | NJOC405812 | 1016-B Long Beach Blvd #B | Long Beach Township | $1,849,999 |
New Active | NJOC405934 | 28 Kinsey Ln | Harvey Cedars | $1,895,000 |
New Active | NJOC405886 | 45-D Long Beach Blvd | Long Beach Township | $8,999,000 |
Back to Active | NJOC401096 | 3205 Ocean #7 | Long Beach Township | $109,000 |
Back to Active | NJOC404222 | 1905 Pennsylvania Ave | Ship Bottom | $389,900 |
Back to Active | NJOC403136 | 13502 Garden | Long Beach Township | $1,550,000 |
Back to Active | NJOC405328 | 117 E 20th St | Ship Bottom | $1,699,000 |
Price Decrease | NJOC399960 | 102 W Roosevelt Ave #10 | Long Beach Township | $31,500 |
Price Decrease | NJOC404256 | 1402 Bayview Ave | Barnegat Light | $745,000 |
Price Decrease | NJOC402826 | 12 E 27th | Long Beach Township | $860,000 |
Price Decrease | NJOC405602 | 19 W Jeanette Ave | Long Beach Township | $949,000 |
Price Decrease | NJOC403518 | 126 E 7th St | Ship Bottom | $1,049,000 |
Price Decrease | NJOC404060 | 142 E Maryland Ave | Long Beach Township | $1,895,000 |
Price Decrease | NJOC403960 | 13 E Essex Ave | Harvey Cedars | $2,695,000 |
Price Increase | NJOC405798 | 1810 Central Ave #6 | Ship Bottom | $439,500 |
Price Increase | NJOC397172 | 510 N Bay Ave #308 | Beach Haven | $729,000 |
Price Increase | NJOC397182 | 510 N Bay Ave #309 | Beach Haven | $749,000 |
Price Increase | NJOC400248 | 28 38th | Long Beach Township | $959,500 |
Active Under Contract | NJOC404612 | 15 W 14th St | Long Beach Township | $699,900 |
Active Under Contract | NJOC405634 | 249 N 8th St | Surf City | $1,229,000 |
Active Under Contract | NJOC405482 | 327 Holyoke Ave | Beach Haven | $1,475,000 |
Active Under Contract | NJOC401364 | 16 E 80th St | Harvey Cedars | $1,599,000 |
Active Under Contract | NJOC405290 | 3901 Ocean | Long Beach Township | $1,899,000 |
Active Under Contract | NJOC405636 | 211 Holyoke Ave | Beach Haven | $1,995,000 |
Pending | NJOC403540 | 17 W 76th Unit 4 St #4 | Harvey Cedars | $145,500 |
Pending | NJOC404704 | 101 Engleside Ave #12 | Beach Haven | $579,999 |
Pending | NJOC405090 | 333 N 7th Street | Surf City | $649,900 |
Pending | NJOC397158 | 510 N Bay Ave #307 | Beach Haven | $699,000 |
Pending | NJOC400892 | 107 W Delaware Ave | Long Beach Township | $699,500 |
Pending | NJOC400884 | 107 W Delaware Ave | Long Beach Township | $699,500 |
Pending | NJOC404480 | 41 Adrian Rd | Long Beach Township | $829,000 |
Pending | NJOC405748 | 18 E 27th | Long Beach Township | $875,000 |
Pending | NJOC392134 | 1508 Long Beach Blvd. | Ship Bottom | $988,000 |
Pending | NJOC404224 | 46 Amherst Rd | Long Beach Township | $1,099,900 |
Pending | NJOC402612 | 5303-A Long Beach Boulevard Blvd | Harvey Cedars | $1,249,000 |
Pending | NJOC404538 | 900 S Beach Ave | Beach Haven | $1,390,000 |
Pending | NJOC404230 | 126 E Texas | Long Beach Township | $1,549,000 |
Pending | NJOC405320 | 217 Norwood Ave | Beach Haven | $1,550,000 |
Pending | NJOC404956 | 113 E New York | Long Beach Township | $1,625,000 |
Pending | NJOC401406 | 11 Buckingham Ave | Harvey Cedars | $1,795,000 |
Pending | NJOC138166 | 14 4th St | Beach Haven | $2,395,000 |
Pending | NJOC402390 | 125 E Nebraska | Long Beach Township | $3,400,000 |
Pending | NJOC404318 | 1900 Virginia Ave | Beach Haven | $4,295,000 |
Closed | NJOC403964 | 107 W 15 St | Ship Bottom | $465,000 |
Closed | NJOC404450 | 268 17th St W | Ship Bottom | $525,000 |
Closed | NJOC399636 | 408-410 Broadway | Barnegat Light | $560,000 |
Closed | NJOC394944 | 365 W 8th St #3 | Ship Bottom | $600,000 |
Closed | NJOC402974 | 407 N Delaware Ave | Beach Haven | $707,500 |
Closed | NJOC403010 | 2501 Long Beach Blvd #D | Long Beach Township | $712,000 |
Closed | NJOC403728 | 8 W Osborn Ave | Long Beach Township | $765,000 |
Closed | NJOC405110 | 265 N 18th St | Surf City | $875,000 |
Closed | NJOC404540 | 1100 N Bay Ave #A10 | Beach Haven | $910,000 |
Closed | NJOC403854 | 8 W 13th St | Barnegat Light | $925,000 |
Closed | NJOC402424 | 9 Colorado Ave | Long Beach Township | $955,000 |
Closed | NJOC404372 | 1501 Beach | Long Beach Township | $1,150,000 |
Closed | NJOC395154 | 2111 Sunset Ave | Surf City | $1,200,000 |
Closed | NJOC403364 | 34 W Holly Dr | Long Beach Township | $1,275,000 |
Closed | NJOC398086 | 85-A Long Beach Blvd #A | Long Beach Township | $1,517,500 |
Closed | NJOC403902 | 1208 West | Beach Haven | $1,695,000 |
Closed | NJOC400592 | 200 Pelham Ave | Beach Haven | $3,900,000 |
Closed | NJOC403798 | 13 E 29th St | Barnegat Light | $3,999,999 |
Withdrawn | NJOC391724 | 11 E New York Ave | Long Beach Township | $825,000 |
Withdrawn | NJOC399238 | 4205 S Long Beach Blvd | Long Beach Township | $1,329,000 |
Withdrawn | NJOC404464 | 5204 Ocean | Long Beach Township | $1,649,000 |
Withdrawn | NJOC405722 | 3901 Ocean | Long Beach Township | $1,899,000 |
Withdrawn | NJOC397152 | 215 E 14th St | Long Beach Township | $2,499,000 |
Canceled | NJOC401086 | 300 W 18th St | Ship Bottom | $765,000 |
Canceled | NJOC404248 | 1501 Beach Ave | Long Beach Township | $1,100,000 |
Expired | NJOC388560 | 108 E 19th #WEST | Long Beach Township | $649,999 |
LBI New Jersey Real Estate Sales Analysis
While activity has dropped off, interest in the LBI real estate market remains VERY high. Personally, I attribute this slowdown to the time of year. The holiday season is always a slower time of year for home sales in the Long Beach Island real estate market. Inventory is still low, demand is still high and interest rates are high incentivizing. Provided these trends remain, the market shows no sign of a slowdown. 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 12/6/2020-12/13/2020 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
More LBI Real Estate Information:
As-Is Sale in the LBI Real Estate Market
LBI Real Estate Comparative Market Analysis (CMA)