LBI Real Estate Weekly Sales Update 2/5/2023-2/12/2023

LBI Real Estate Weekly Sales Update 2/5/2023-2/12/2023

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 2/5/2023-2/12/2023

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 2/5/2023-2/12/2023: There were 39 changes to the sales market this week, and 15 of these changes were new listings! This is good news for buyers who continue to face a low inventory environment on Long Beach Island. You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $2,379,787
  • 8 listings went under contract with an average listing price of about $2,046,500
  • 6 properties sold on Long Beach Island with an average price of $1,330,000
  • 2 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

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 2/5/2023-2/12/2023

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 #AddressCityAreaPrice
Coming SoonNJOC201624651 N 24th StreetSurf CityLBI$1,199,000
Coming SoonNJOC201623423-Unit A E 38thLong Beach TownshipLBI$1,999,000
Coming SoonNJOC2016432310 S 1st StSurf CityLBI$1,999,999
New ActiveNJOC20163365715 Long Beach Blvd.Long Beach TownshipLBI$75,000
New ActiveNJOC2016368310 W West Ave #C-2Beach HavenLBI$675,000
New ActiveNJOC2015744605 BroadwayBarnegat LightLBI$1,495,000
New ActiveNJOC201625247 N 24th StreetSurf CityLBI$1,499,000
New ActiveNJOC20162642119 BlvdShip BottomLBI$1,999,900
New ActiveNJOC2016402270 16th St WShip BottomLBI$2,295,000
New ActiveNJOC201558813 E South 34th StLong Beach TownshipLBI$2,449,900
New ActiveNJOC20157386107 Ocean BlvdLong Beach TownshipLBI$2,595,000
New ActiveNJOC20163266109 Ocean BlvdLong Beach TownshipLBI$2,670,000
New ActiveNJOC201618017 N 12th StSurf CityLBI$2,950,000
New ActiveNJOC20162446209 OceanLong Beach TownshipLBI$4,199,999
New ActiveNJOC201638857-B Long Beach BlvdLong Beach TownshipLBI$7,595,000
Back to ActiveNJOC20140681 Cedars AveHarvey CedarsLBI$1,679,000
Price DecreaseNJOC2014900909 N. Bay Avenue #FLOOR 1Beach HavenLBI$70,000
Price DecreaseNJOC20159242702-Long Beach BlvdShip BottomLBI$735,000
Active Under ContractNJOC20135043 Bay Shore RdLong Beach TownshipLBI$990,000
Active Under ContractNJOC20151387 PershingLong Beach TownshipLBI$1,450,999
Active Under ContractNJOC2015988301 N 4th StSurf CityLBI$1,899,000
Active Under ContractNJOC2013174107 W 15th StShip BottomLBI$1,989,000
Active Under ContractNJOC201580239 N 17th StSurf CityLBI$1,999,000
PendingNJOC201493010 E KirklandLong Beach TownshipLBI$1,500,000
PendingNJOC2016436275 W 27th StShip BottomLBI$2,549,000
PendingNJOC20157364911 S Long Beach BlvdLong Beach TownshipLBI$3,995,000
ClosedNJOC201436422 SW 33rdLong Beach TownshipLBI$715,000
ClosedNJOC20142502807 Long Beach BlvdLong Beach TownshipLBI$900,000
ClosedNJOC20149641504 Long BeachLong Beach TownshipLBI$999,999
ClosedNJOC20145569323 Mark DrLong Beach TownshipLBI$1,140,000
ClosedNJOC20130261409 W West AveBeach HavenLBI$1,875,000
ClosedNJOC2011736343 N 3rd StSurf CityLBI$2,350,000
CanceledNJOC20142282807 Long Beach BlvdLong Beach TownshipLBI$999,000
CanceledNJOC20141546107 Ocean BlvdLong Beach TownshipLBI$2,795,000
ExpiredNJOC2012412505 Dock Rd #EAST SIDEBeach HavenLBI$2,500
ExpiredNJOC2012164111 N Central AveSurf CityLBI$900,000
ExpiredNJOC201479417 E 29thLong Beach TownshipLBI$1,199,000
ExpiredNJOC201437625 N 13th StreetSurf CityLBI$1,799,000
ExpiredNJOC2015206210 N Bay AveBeach HavenLBI$5,499,000

LBI New Jersey Real Estate Sales Analysis

While there was a gain this week in homes for sale in the LBI real estate market, I think we will see a large percentage of the past few weeks’ gains go under contract. Buyers have been looking for options in the LBI real estate market and as these listings have become available, they have seen strong activity. Anecdotally, I can saw I know that several of the new listings already have offers! At present, there are 121 active listings in the MLS this week and 57 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 2/5/2023-2/12/2023 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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