LBI Real Estate Weekly Sales Update 4/21/2021-4/28/2021

LBI Real Estate Weekly Sales Update 4/21/2021-4/28/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/21/2021-4/28/2021

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 4/21/2021-4/28/2021: There were a total 62 changes to the Long Beach Island real estate market this week. Overall activity in the LBI real estate market has slowed down due to the low inventory levels of homes for sale on Long Beach Island. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors in the age of COVID-19, 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 11 new listings entered the market with an average price of $1,309,036
  • 23 listings went under contract with an average listing price of about $1,419,956
  • 16 properties sold on Long Beach Island with an average price of $1,153,121
  • 9 listings were either withdrawn of expired in the LBI real estate market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 4/21/2021-4/28/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC4082607-B Sunset BlvdLong Beach TownshipLBI$1,149,000
New ActiveNJOC408208102 Roosevelt #BS13Long Beach TownshipLBI$29,500
New ActiveNJOC40824820 E Amber St #E5Beach HavenLBI$445,900
New ActiveNJOC4082624 W Harding AveLong Beach TownshipLBI$879,000
New ActiveNJOC4080861018-B Long Beach Blvd #BLong Beach TownshipLBI$1,099,000
New ActiveNJOC408344111 DuneLong Beach TownshipLBI$1,165,000
New ActiveNJOC407504283 W 14th StShip BottomLBI$1,450,000
New ActiveNJOC4082181106 S Beach AveBeach HavenLBI$1,489,000
New ActiveNJOC4082922 32 St SELong Beach TownshipLBI$1,899,000
New ActiveNJOC408210119 Dolphin AveBeach HavenLBI$1,999,000
New ActiveNJOC40828413 AuburnLong Beach TownshipLBI$2,795,000
Back to ActiveNJOC403456137 E Maryland Ave E #4Long Beach TownshipLBI$499,000
Price DecreaseNJOC4065602421 Long Beach Blvd., Unit C #CShip BottomLBI$999,000
Price DecreaseNJOC407724328 Essex AveBeach HavenLBI$1,599,000
Active Under ContractNJOC408014281 N 16th StSurf CityLBI$849,900
Active Under ContractNJOC40750610 E 79th StHarvey CedarsLBI$1,595,000
Active Under ContractNJOC40757814 E SelfridgeLong Beach TownshipLBI$2,499,900
Active Under ContractNJOC407030205 Nautilus DrLong Beach TownshipLBI$3,495,000
PendingNJOC40550635 Sunset Blvd #G3Long Beach TownshipLBI$49,900
PendingNJOC4078804 E 79th Street Share #2Harvey CedarsLBI$75,000
PendingNJOC4013481000 N Bay Ave #3MBeach HavenLBI$429,000
PendingNJOC393004508 Central AveShip BottomLBI$699,900
PendingNJOC393002508 Central AveShip BottomLBI$699,900
PendingNJOC407818223 N 2nd StSurf CityLBI$700,000
PendingNJOC407154102 W 18thLong Beach TownshipLBI$729,000
PendingNJOC20000664300-F Long BeachLong Beach TownshipLBI$899,499
PendingNJOC40711216 E NevadaLong Beach TownshipLBI$925,000
PendingNJOC40359032 W South 32nd #C6Long Beach TownshipLBI$950,000
PendingNJOC40816625 E 49th StLong Beach TownshipLBI$1,100,000
PendingNJOC408320807 S Beach AveBeach HavenLBI$1,329,000
PendingNJOC40722014 31stLong Beach TownshipLBI$1,595,000
PendingNJOC40783228 W Harding AveLong Beach TownshipLBI$1,595,000
PendingNJOC4073661-D Sunset BlvdLong Beach TownshipLBI$1,695,000
PendingNJOC40548420 W Lillie AveLong Beach TownshipLBI$1,899,000
PendingNJOC408132121 E Alabama AveLong Beach TownshipLBI$2,499,000
PendingNJOC405104415 Jefferies AveBeach HavenLBI$2,800,000
PendingNJOC407334191 Nautilus DrLong Beach TownshipLBI$3,550,000
ClosedNJOC40721217 E 76th Unit 7 StHarvey CedarsLBI$140,000
ClosedNJOC4060002307 N Long Beach BlvdSurf CityLBI$640,000
ClosedNJOC404102312 N 3rd StSurf CityLBI$725,000
ClosedNJOC4082587 E 8th StBarnegat LightLBI$750,000
ClosedNJOC40658016 W 6th StBarnegat LightLBI$895,000
ClosedNJOC407022142 W Maryland AveLong Beach TownshipLBI$950,000
ClosedNJOC406484507-505 S Bay AveBeach HavenLBI$975,000
ClosedNJOC405020244 W 7th StShip BottomLBI$1,122,600
ClosedNJOC404760209 W 28th StShip BottomLBI$1,150,000
ClosedNJOC404528209 W 28th StShip BottomLBI$1,150,000
ClosedNJOC404526209 W 28th StShip BottomLBI$1,150,000
ClosedNJOC3992384205 S Long Beach BlvdLong Beach TownshipLBI$1,235,000
ClosedNJOC4053261101 S Bay AveBeach HavenLBI$1,325,000
ClosedNJOC40607610 E Selfridge AveLong Beach TownshipLBI$1,695,000
ClosedNJOC406318216 Jefferis AveBeach HavenLBI$1,748,330
ClosedNJOC405074260 Pompano DrLong Beach TownshipLBI$2,799,000
Temporary Off MarketNJOC40788210 E 79th StHarvey CedarsLBI$2,550,000
WithdrawnNJOC40312820 Amber St #E5Beach HavenLBI$439,000
WithdrawnNJOC4058428 W 85thLong Beach TownshipLBI$1,499,000
CanceledNJOC4066702421 Long Beach Blvd. #AShip BottomLBI$399,000
CanceledNJOC4066682421 Long Beach Blvd. #BShip BottomLBI$399,000
CanceledNJOC4054662421 Long Beach Blvd.Ship BottomLBI$1,799,000
ExpiredNJOC404218429-431 Engleside AveBeach HavenLBI$959,000
ExpiredNJOC403682429-431 Engleside AveBeach HavenLBI$959,000
ExpiredNJOC40341816 E 85th StHarvey CedarsLBI$2,995,000

LBI New Jersey Real Estate Sales Analysis

The shocking lack of homes for sale on Long Beach Island is really becoming a problem for buyers. We simply need more inventory in the LBI real estate market. This week, there were only 11 new listings and 23 pending sales. Twice as many homes left the market as entered. As long as this trend is the norm, we will see fierce competition and, most likely, rising prices. 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 4/21/2021-4/28/2021 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

More LBI Real Estate Information:

Common Building Changes and Upgrades in the LBI Real Estate Market

LBI Real Estate Dock-o-Minimum