LBI Real Estate Weekly Sales Update 4/21/2019-4/28/2019

LBI Real Estate Weekly Sales Update 4/21/2019-4/28/2019


Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/21/2019-4/28/2019

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 4/21/2019-4/28/2019: Overall the market was a little slower this week with a total of 93 changes to the MLS. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 21 new listings entered the market with an average price of $1,319,343
  • 14 listings went under contact with an average listing price of about $1,058,264
  • 16 properties sold on Long Beach Island with an average price of $977,219
  • 14 listings were either withdrawn of expired in the LBI real estate market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 |

Click here to search all homes for sale in the Long Beach Island NJ real estate market

LBI Real Estate Weekly Sales Update 4/21/2019-4/28/2019

Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, “P” means the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.

TypeChg TypeStreet NumberStreet NameMunicipalityCurrent PriceSq Ft TotalDOM
COMNEW6332Long BeachHarvey Cedars$19,500 06
CONDONEW401BroadwayBarnegat Light$189,900 3084
SFNEW20221stShip Bottom$550,000 7805
SFNEW35South 33rdLong Beach Twp$579,900 1,1132
SFNEW2010thBarnegat Light$611,000 1,7883
APTNEW21618thShip Bottom$625,000 1,8005
SFNEW1094Long BeachLong Beach Twp$719,000 1,3446
SFNEW1120ANorth BeachLong Beach Twp$739,000 1,2045
SFNEW20912thBeach Haven Borough$749,000 1,0652
SFNEW22817thSurf City$759,000 1,1526
SFNEW11BeardsleyLong Beach Twp$779,900 9604
SFNEW2712AtlanticLong Beach Twp$829,000 1,6463
SFNEW115OsbornLong Beach Twp$945,000 2,8051
SFNEW1010Long BeachLong Beach Twp$949,000 1,9488
SFNEW406CentralBarnegat Light$995,000 1,3880
SFNEW27AlabamaLong Beach Twp$1,125,000 2,3043
SFNEW3165thShip Bottom$1,299,000 3,1351
COMNEW305BayBeach Haven Borough$1,495,000 6,0002
SFNEW1123Long BeachLong Beach Twp$2,999,999 3,7903
SFNEW15Ocean (Interior Lot)Surf City$4,499,000 4,4006
SFNEW126North CarolinaLong Beach Twp$6,249,000 6,2420
SFBOM5303Long BeachLong Beach Twp$925,000 2,30024
INOWDOWN1278th Unit 7Harvey Cedars$125,000 1,0001,441
CONDODOWN5608OceanLong Beach Twp$329,000 72888
CONDODOWN20WashingtonLong Beach Twp$350,000 72058
CONDODOWN500BayBeach Haven Borough$589,000 1,20020
COMDOWN2901Long BeachShip Bottom$649,000 069
SFDOWN10CoxHarvey Cedars$684,500 1,51272
SFDOWN1215CentralShip Bottom$819,999 2,31052
SFDOWN9727thShip Bottom$869,000 2,160111
SFDOWN1602CentralBarnegat Light$875,000 1,964134
SFDOWN2923rdLong Beach Twp$949,500 2,578110
CONDODOWN2923rdLong Beach Twp$949,500 2,578110
SFDOWN6C82ndHarvey Cedars$975,000 945449
SFDOWN110NorwoodBeach Haven Borough$1,099,000 2,096181
SFDOWN222PearlBeach Haven Borough$1,269,000 2,500116
SFDOWN706BayBeach Haven Borough$1,299,000 2,500127
SFDOWN323LibertyBeach Haven Borough$1,525,000 2,50086
SFDOWN62CaliforniaLong Beach Twp$1,599,000 3,704155
SFDOWN609AtlanticBeach Haven Borough$1,699,000 1,89437
COMDOWN1101BayBeach Haven Borough$1,699,000 0394
SFDOWN1101S Bay AveBeach Haven Borough$1,699,000 4,256441
SFDOWN149DLong BeachLong Beach Twp$1,699,000 3,02559
SFDOWN25BarnegatHarvey Cedars$1,797,000 2,850101
SFDOWN13BuckinghamHarvey Cedars$1,949,000 3,97593
SFDOWN519OceanSurf City$2,475,000 3,184210
SFDOWN917AtlanticBeach Haven Borough$2,799,900 4,03473
INOWUP1174th Unit 2Harvey Cedars$135,000 950135
SFUP115PearlBeach Haven Borough$1,512,500 3,42967
CONDOK305thBarnegat Light$734,900 2,568230
SFK305thBarnegat Light$734,900 2,568187
SFK421CoralBeach Haven Borough$795,000 1,944137
SFK2706Long BeachLong Beach Twp$1,450,000 4,257156
INOWP479thHarvey Cedars$69,000 90057
LNDP14AlbrightLong Beach Twp$525,000 8,500153
COMP1511Long BeachLong Beach Twp$595,000 0242
CONDOP325EnglesideBeach Haven Borough$645,000 1,50025
SFP1AmherstLong Beach Twp$899,900 2,836192
SFP450EnglesideBeach Haven Borough$1,279,000 2,34056
SFP1201SeaviewBarnegat Light$1,395,000 2,736140
SFP319IroquoisBeach Haven Borough$1,695,000 3,000108
SFP1113Long BeachLong Beach Twp$1,999,000 2,872107
MULP1113Long BeachLong Beach Twp$1,999,000 2,872107
COMW3259thBeach Haven Borough$69,900 0178
SFW1709SunsetSurf City$589,000 1,4402
CONDOW2301Long Beach BlvdLong Beach Twp$600,000 1,5601
COMW305BayBeach Haven Borough$1,495,000 6,000176
SFV215NautilusLong Beach Twp$1,895,000 3,273243
SFV4405Long BeachLong Beach Twp$2,499,000 3,100147
CONDOC12417thShip Bottom$261,000 34068
CONDOC310WestBeach Haven Borough$485,000 90615
SFC12527thShip Bottom$545,000 1,000301
SFC11010thSurf City$564,500 1,31226
SFC439SchodererSurf City$630,000 1,88827
MULC252ndLong Beach Twp$690,000 1,63236
SFC30PanoramaLong Beach Twp$925,000 960214
SFC10425thShip Bottom$930,000 2,476148
SFC1004-FLong Beach BlvdLong Beach Twp$975,000 1,71037
SFC5000OceanLong Beach Twp$995,000 1,5009
SFC140Long BeachLong Beach Twp$1,150,000 2,910102
SFC38610thSurf City$1,280,000 2,940166
SFC7212OceanLong Beach Twp$1,375,000 2,58457
MULC20316thLong Beach Twp$1,400,000 3,000457
SFC13328thShip Bottom$1,430,000 2,00029
SFC1229thBarnegat Light$2,000,000 2,994187
SFX15West 13th StreetBarnegat Light$617,000 1,125179
APTX330CoralBeach Haven Borough$874,900 1,200182
SFX316thBarnegat Light$890,000 0265
SFX1010Long BeachLong Beach Twp$939,000 1,948169
SFX6605Long BeachHarvey Cedars$1,090,000 2,250187
SFX271PompanoLong Beach Twp$1,325,000 2,79386
SFX77 ALong Beach BlvdLong Beach Twp$2,599,000 3,808182
SFX126North CarolinaLong Beach Twp$6,242,000 6,242110

LBI New Jersey Real Estate Sales Analysis

As I mentioned above overall activity was a little slower this week. This was especially noticeable in pending sales which dropped from 26 last week to only 14 this week (although it is worth mentioning that the average price was higher). There were a total of 25 price reductions this week as well which is rather high for a 1 week timeframe. Regardless the numbers have been pretty strong in the Spring real estate market on Long Beach Island. Homes are clearly selling and buyer confidence remains at an all time high even if overall market activity is a little slower than years past. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 4/21/2019-4/28/2019 please do not hesitate to contact me.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 |

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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