LBI Real Estate Weekly Sales Update 2/7/2021-2/14/2021

LBI Real Estate Weekly Sales Update 2/7/2021-2/14/2021



Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 2/7/2021-2/14/2021

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 2/7/2021-2/14/2021: There were a total 76 changes to the Long Beach Island real estate market this week. In the age of coronavirus, this seems to be a pretty standard amount of market activity in any given week. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 19 new listings entered the market with an average price of $1,278,863
  • 27 listings went under contract with an average listing price of about $1,244,493
  • 11 properties sold on Long Beach Island with an average price of $1,312,500
  • 2 listings were either withdrawn of expired in the LBI real estate market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 2/7/2021-2/14/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC407200275 W 27th StShip BottomLBI$999,000
Coming SoonNJOC407222124 East Lillie AveLong Beach TownshipLBI$1,499,900
Coming SoonNJOC407052126 Laguna LnLong Beach TownshipLBI$3,999,900
New ActiveNJOC407100211 N Bay AveBeach HavenLBI$3,000.00
New ActiveNJOC4071162500 Blvd Unit #4AShip BottomLBI$3,100.00
New ActiveNJOC407180102 Roosevelt #BS37Long Beach TownshipLBI$32,500
New ActiveNJOC407080325 9th StreetBeach HavenLBI$120,000
New ActiveNJOC40721217 E 76th Unit 8 St #8Harvey CedarsLBI$140,000
New ActiveNJOC406958511 Barnegat AveShip BottomLBI$635,000
New ActiveNJOC407154102 W 18thLong Beach TownshipLBI$729,000
New ActiveNJOC40714638 SailboatLong Beach TownshipLBI$905,000
New ActiveNJOC40711216 E NevadaLong Beach TownshipLBI$925,000
New ActiveNJOC40691810 W 21st StLong Beach TownshipLBI$1,299,000
New ActiveNJOC40712222 W New York Ave (84th Street)Long Beach TownshipLBI$1,395,000
New ActiveNJOC40718438 W 8th StBarnegat LightLBI$1,499,000
New ActiveNJOC40722014 31stLong Beach TownshipLBI$1,595,000
New ActiveNJOC407010103 E Dune LnLong Beach TownshipLBI$2,495,000
New ActiveNJOC403700128 E OhioLong Beach TownshipLBI$2,529,000
New ActiveNJOC4072067 W North Carolina AveLong Beach TownshipLBI$3,495,000
Back to ActiveNJOC403456137 E Maryland Ave E #4Long Beach TownshipLBI$499,000
Back to ActiveNJOC40065059-B Long Beach BlvdLong Beach TownshipLBI$2,299,000
Back to ActiveNJOC4071181811 N Ocean AveSurf CityLBI$2,399,000
Price DecreaseNJOC399960102 Roosevelt Ave #10Long Beach TownshipLBI$28,500
Price DecreaseNJOC137848102 W Roosevelt Ave #C-27Long Beach TownshipLBI$29,500
Price DecreaseNJOC137844102 W Roosevelt Ave #C-23Long Beach TownshipLBI$29,500
Price DecreaseNJOC137842102 W Roosevelt Ave #C-26Long Beach TownshipLBI$29,500
Price DecreaseNJOC137838102 W Roosevelt Ave #C-22Long Beach TownshipLBI$29,500
Price DecreaseNJOC137834102 W Roosevelt Ave #C-25Long Beach TownshipLBI$29,500
Price DecreaseNJOC137832102 W Roosevelt Ave #C-18Long Beach TownshipLBI$29,500
Price DecreaseNJOC137820102 W Roosevelt Ave #C-9Long Beach TownshipLBI$29,500
Price DecreaseNJOC137814102 W Roosevelt Ave #C-30Long Beach TownshipLBI$29,500
Price DecreaseNJOC137830102 W Roosevelt Ave #C-33Long Beach TownshipLBI$29,500
Price DecreaseNJOC137786102 W Roosevelt Ave #C-28Long Beach TownshipLBI$29,500
Price DecreaseNJOC137806102 W Roosevelt Ave #C-29Long Beach TownshipLBI$29,500
Price DecreaseNJOC4013381001 Ocean Ave #1014Ship BottomLBI$745,000
Price DecreaseNJOC406550109 N 3rd StSurf CityLBI$819,000
Active Under ContractNJOC40348820 Amber St #C2Beach HavenLBI$464,900
Active Under ContractNJOC403626901 Ocean Ave #925Ship BottomLBI$695,000
Active Under ContractNJOC405778201 W 28th StShip BottomLBI$739,000
Active Under ContractNJOC4068302-South 33rdLong Beach TownshipLBI$799,000
Active Under ContractNJOC40282612 E 27thLong Beach TownshipLBI$860,000
Active Under ContractNJOC4068481013-A Long Beach Boulevard #ALong Beach TownshipLBI$1,195,000
Active Under ContractNJOC40415013 E 37th StLong Beach TownshipLBI$1,245,000
Active Under ContractNJOC40466025 Buckingham AveHarvey CedarsLBI$1,295,000
Active Under ContractNJOC406932316 N 12th StSurf CityLBI$1,350,000
Active Under ContractNJOC403914107 E 27th StLong Beach TownshipLBI$1,565,000
Active Under ContractNJOC4013783901 S Long Beach BoulevardLong Beach TownshipLBI$1,599,000
Active Under ContractNJOC4069168 Mermaid LnLong Beach TownshipLBI$1,649,000
Active Under ContractNJOC406318216 Jefferis AveBeach HavenLBI$1,750,000
Active Under ContractNJOC40626614 E Cape Cod LnLong Beach TownshipLBI$2,199,000
Active Under ContractNJOC40343811 WebsterLong Beach TownshipLBI$2,499,000
PendingNJOC137826102 W Roosevelt Ave #C-19Long Beach TownshipLBI$32,500
PendingNJOC407022142 W Maryland AveLong Beach TownshipLBI$899,000
PendingNJOC401786206 5th StBeach HavenLBI$919,900
PendingNJOC4044722 W WinifredLong Beach TownshipLBI$950,000
PendingNJOC40496613 E 14th StBarnegat LightLBI$1,100,000
PendingNJOC404760209 W 28th StShip BottomLBI$1,190,000
PendingNJOC404528209 W 28th StShip BottomLBI$1,190,000
PendingNJOC404526209 W 28th StShip BottomLBI$1,190,000
PendingNJOC4069069905 Beach AveLong Beach TownshipLBI$1,199,000
PendingNJOC4052341 Seaview Dr SLong Beach TownshipLBI$1,299,000
PendingNJOC4053646 E Passaic AveHarvey CedarsLBI$1,579,000
PendingNJOC40419015 N 15th StSurf CityLBI$2,149,000
ClosedNJOC405652310 S West Ave S #2GBeach HavenLBI$389,000
ClosedNJOC3961127806 Long Beach Blvd #B & CHarvey CedarsLBI$655,000
ClosedNJOC40448041 Adrian RdLong Beach TownshipLBI$800,000
ClosedNJOC402392307 W 17th StShip BottomLBI$887,500
ClosedNJOC4041461000 N Bay Ave #1SBeach HavenLBI$945,000
ClosedNJOC404810117 87th #ELong Beach TownshipLBI$949,000
ClosedNJOC4026125303-A Long Beach Boulevard BlvdHarvey CedarsLBI$1,212,000
ClosedNJOC4035809000 BeachLong Beach TownshipLBI$1,650,000
ClosedNJOC405982108 E Dune LnLong Beach TownshipLBI$1,955,000
ClosedNJOC3969321605 N Ocean AveSurf CityLBI$2,000,000
ClosedNJOC3960821013 – B Long BeachLong Beach TownshipLBI$2,995,000
CanceledNJOC3961687806 Long Beach Blvd #BHarvey CedarsLBI$799,000
ExpiredNJOC402546310 S Atlantic Ave #U1, U2, & U3Beach HavenLBI$975,000

LBI New Jersey Real Estate Sales Analysis

While the trends that we have been experiencing continue to prevail, some of the emotion seems to have left the buyer market. This is a good thing as some buyers have been making poor choices (or have been getting bad advice) and have been overpaying for a home or location that does not warrant such a high price. As buyers start to focus more on value, it will actually be much easier to complete a successful LBI real estate transaction based on facts and not raw emotion. As we come into the spring market, activity should remain strong and we can expect inventory levels to remain low-but hopefully buyers will continue to exercise caution and discipline while learning about what determines value on Long Beach Island moving forward! 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 2/7/2021-2/14/2021 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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