LBI Real Estate Weekly Sales Update 2/1/2021-2/7/2021

LBI Real Estate Weekly Sales Update 2/1/2021-2/7/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 2/1/2021-2/7/2021

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 2/1/2021-2/7/2021: There were a total of 79 changes to the Long Beach Island real estate market this week making it another busy week in the sale market. Coronavirus continues to have an impact on home sales as buyers look to invest in the shore areas and take advantage of low-interest rates. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 16 new listings entered the market with an average price of $1,929,119
  • 31 listings went under contract with an average listing price of about $1,107,932
  • 12 properties sold on Long Beach Island with an average price of $1,865,667
  • 8 listings were either withdrawn of expired in the LBI real estate market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

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 2/1/2021-2/7/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC406958511 Barnegat AveShip BottomLBI$635,000
Coming SoonNJOC406892411 N 3rd StSurf CityLBI$1,899,000
Coming SoonNJOC407052126 Laguna LnLong Beach TownshipLBI$3,999,900
New ActiveNJOC407080325 9th StreetBeach HavenLBI$120,000
New ActiveNJOC4069702500 Blvd Unit #4AShip BottomLBI$365,000
New ActiveNJOC40620619 W HarringtonLong Beach TownshipLBI$839,000
New ActiveNJOC40634814 S Bay AveBeach HavenLBI$899,000
New ActiveNJOC4069069905 Beach AveLong Beach TownshipLBI$1,199,000
New ActiveNJOC40691810 W 21st StLong Beach TownshipLBI$1,299,000
New ActiveNJOC40681461 Adrian RdLong Beach TownshipLBI$1,475,000
New ActiveNJOC4069168 Mermaid LnLong Beach TownshipLBI$1,649,000
New ActiveNJOC4067162401 Bay VistaSurf CityLBI$2,499,000
New ActiveNJOC40696012505 Ocean AvenueLong Beach TownshipLBI$3,295,000
New ActiveNJOC407030205 Nautilus DrLong Beach TownshipLBI$3,495,000
New ActiveNJOC40701610 Arts LnLong Beach TownshipLBI$3,599,000
New ActiveNJOC40695042 Lighthouse WayLong Beach TownshipLBI$3,599,000
Back to ActiveNJOC393004508 Central AveShip BottomLBI$699,900
Back to ActiveNJOC393002508 Central AveShip BottomLBI$699,900
Back to ActiveNJOC394474504 Central AveBarnegat LightLBI$825,000
Price DecreaseNJOC404400111 W 18th St #1Ship BottomLBI$619,000
Price DecreaseNJOC4052341 Seaview Dr SLong Beach TownshipLBI$1,299,000
Price DecreaseNJOC40548420 W Lillie AveLong Beach TownshipLBI$1,899,000
Price DecreaseNJOC40618622 Bond AveLong Beach TownshipLBI$2,295,000
Price DecreaseNJOC4039041113-A Long Beach #ALong Beach TownshipLBI$3,150,000
Price DecreaseNJOC4039001113-A Long Beach #ALong Beach TownshipLBI$3,150,000
Price DecreaseNJOC4038961113-A Long BeachLong Beach TownshipLBI$3,150,000
Price DecreaseNJOC40573214 E 29th StBarnegat LightLBI$3,599,000
Price IncreaseNJOC40448815 N Ocean AveSurf CityLBI$4,195,000
Active Under ContractNJOC40312820 Amber St #E5Beach HavenLBI$439,000
Active Under ContractNJOC406484507-505 S Bay AveBeach HavenLBI$929,000
Active Under ContractNJOC406608909 S Bay AveBeach HavenLBI$935,000
Active Under ContractNJOC406520901 Ocean Ave #901Ship BottomLBI$979,000
Active Under ContractNJOC4053261101 S Bay AveBeach HavenLBI$1,400,000
Active Under ContractNJOC403914107 E 27th StLong Beach TownshipLBI$1,565,000
Active Under ContractNJOC40645821 Buckingham AveHarvey CedarsLBI$1,850,000
Active Under ContractNJOC404140112 N OhioLong Beach TownshipLBI$1,899,000
Active Under ContractNJOC406220123 E Texas AveLong Beach TownshipLBI$4,695,000
PendingNJOC406472102 Roosevelt #BS12Long Beach TownshipLBI$35,000
PendingNJOC402830533-C Engleside Ave #CBeach HavenLBI$309,000
PendingNJOC4057981810 Central Ave #6Ship BottomLBI$439,500
PendingNJOC4047025608 Ocean #U3Long Beach TownshipLBI$449,000
PendingNJOC37286610905 Long Beach BoulevardLong Beach TownshipLBI$499,500
PendingNJOC399670101 W 9th St #203Ship BottomLBI$629,000
PendingNJOC4060002307 N Long Beach BlvdSurf CityLBI$674,900
PendingNJOC397154510 N Bay Ave #207Beach HavenLBI$679,000
PendingNJOC399672101 W 9th St #305Ship BottomLBI$739,000
PendingNJOC397176510 N Bay Ave #202Beach HavenLBI$739,000
PendingNJOC405494700 N Long Beach BlvdSurf CityLBI$750,000
PendingNJOC399668101 W 9th St #303Ship BottomLBI$769,000
PendingNJOC3961687806 Long Beach Blvd #BHarvey CedarsLBI$799,000
PendingNJOC3961127806 Long Beach Blvd #B & CHarvey CedarsLBI$799,000
PendingNJOC40695616 W S AveBeach HavenLBI$969,000
PendingNJOC404684109 E Mermaid LaneLong Beach TownshipLBI$999,000
PendingNJOC4035221106 S Bay AveBeach HavenLBI$1,199,000
PendingNJOC4032681023-B Long Beach BlvdLong Beach TownshipLBI$1,489,000
PendingNJOC4068201046-C-1 Long Beach Blvd #C-1Long Beach TownshipLBI$1,495,000
PendingNJOC40607610 E Selfridge AveLong Beach TownshipLBI$1,695,000
PendingNJOC406428114 E Jerome AveLong Beach TownshipLBI$1,699,000
PendingNJOC4054763 E TennesseeLong Beach TownshipLBI$1,799,999
ClosedNJOC3866665801 Bayview AveLong Beach TownshipLBI$549,000
ClosedNJOC40461215 W 14th StLong Beach TownshipLBI$660,000
ClosedNJOC40579012 NevadaLong Beach TownshipLBI$834,000
ClosedNJOC405910508 Central AveBarnegat LightLBI$855,000
ClosedNJOC400908126 LagunaLong Beach TownshipLBI$1,100,000
ClosedNJOC405498101 E New York AveLong Beach TownshipLBI$1,300,000
ClosedNJOC402406106 W South 33rdLong Beach TownshipLBI$1,850,000
ClosedNJOC405636211 Holyoke AveBeach HavenLBI$1,995,000
ClosedNJOC4034068 Seaview Dr SLong Beach TownshipLBI$2,400,000
ClosedNJOC40307012 E 79th StHarvey CedarsLBI$2,950,000
ClosedNJOC3960821013 – B Long BeachLong Beach TownshipLBI$2,995,000
ClosedNJOC405076109-F Long Beach BlvdLong Beach TownshipLBI$4,900,000
WithdrawnNJOC405978700 N Long Beach BlvdSurf CityLBI$750,000
CanceledNJOC405254101 E New York AveLong Beach TownshipLBI$1,499,000
ExpiredNJOC4026705708 Ocean #U2Long Beach TownshipLBI$775,000
ExpiredNJOC4008981104-E Long Beach Blvd #ELong Beach TownshipLBI$825,000
ExpiredNJOC401460113 E 21stLong Beach TownshipLBI$1,250,000
ExpiredNJOC400720121 E Sand DuneLong Beach TownshipLBI$1,480,000
ExpiredNJOC400998109 Centre StBeach HavenLBI$1,899,000
ExpiredNJOC4038049 E 30th StBarnegat LightLBI$2,599,000

LBI New Jersey Real Estate Sales Analysis

Roughly twice as many homes went under contract as came on the market. This kind of activity underscores the major issue facing the LBI real estate market: lack of inventory. We need more homes for sale on Long Beach Island! The fervor created by COVID-19 coupled with low-interest rates and the naturally strong LBI real estate sales market has created an environment starved of homes for sale! 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 2/1/2021-2/7/2021 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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LBI Real Estate New Home Sales in 2020