LBI Real Estate Weekly Sales Update 4/25/2021-5/2/2021

LBI Real Estate Weekly Sales Update 4/25/2021-5/2/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/25/2021-5/2/2021

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 4/25/2021-5/2/2021: There were a total 66 changes to the Long Beach Island real estate market this week. Sales continued to show a little more balance than we have seen over the past year. This is a good a healthy thing as it restores some of the normalcy to the home buying process on Long Beach Island. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 17 new listings entered the market with an average price of $1,763,141
  • 14 listings went under contract with an average listing price of about $1,545,771
  • 23 properties sold on Long Beach Island with an average price of $1,121,935
  • 8 listings were either withdrawn of expired in the LBI real estate market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 4/25/2021-5/2/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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
New ActiveNJOC40934210 W Winifred #U1Long Beach TownshipLBI$475,000
New ActiveNJOC409060111 57th St (Selfridge) WLong Beach TownshipLBI$874,499
New ActiveNJOC4086761008 N Long Beach BlvdSurf CityLBI$895,000
New ActiveNJOC4086721008 N Long Beach BlvdSurf CityLBI$895,000
New ActiveNJOC409294256 N 7th StSurf CityLBI$899,000
New ActiveNJOC409272215 E 12th StBeach HavenLBI$959,000
New ActiveNJOC409186287 W 19th StShip BottomLBI$999,000
New ActiveNJOC408628106 E 4th StShip BottomLBI$1,499,000
New ActiveNJOC409276120 Taylor AveBeach HavenLBI$1,500,000
New ActiveNJOC4080687913 Long Beach BlvdLong Beach TownshipLBI$1,595,999
New ActiveNJOC4092162 Buckingham AveHarvey CedarsLBI$1,790,000
New ActiveNJOC408524113 E 32nd StLong Beach TownshipLBI$1,799,900
New ActiveNJOC409382261 W 19th StShip BottomLBI$1,899,000
New ActiveNJOC4088061506 N Barnegat AveSurf CityLBI$1,899,000
New ActiveNJOC40866212 E 30th StBarnegat LightLBI$3,499,000
New ActiveNJOC4094203205 Ocean BlvdLong Beach TownshipLBI$3,995,000
New ActiveNJOC409394209 E 22nd StLong Beach TownshipLBI$4,500,000
Back to ActiveNJOC408924204 S Atlantic Ave #104Beach HavenLBI$425,000
Back to ActiveNJOC409036115 W Pennsylvania AvenueLong Beach TownshipLBI$850,000
Price IncreaseNJOC40933635 S 2nd StSurf CityLBI$1,325,000
Price IncreaseNJOC4084301 Surf Ave ELong Beach TownshipLBI$1,669,000
Active Under ContractNJOC4092064 Buckingham AveHarvey CedarsLBI$799,000
Active Under ContractNJOC40792012 StarboardLong Beach TownshipLBI$825,000
Active Under ContractNJOC40905216 W Harrington Ave #ALong Beach TownshipLBI$899,900
Active Under ContractNJOC4082181106 S Beach AveBeach HavenLBI$1,389,000
PendingNJOC4069702500 Blvd Unit #4AShip BottomLBI$365,000
PendingNJOC4089742510 Long Beach Blvd #1BShip BottomLBI$689,900
PendingNJOC408970328 W 6th StShip BottomLBI$999,000
PendingNJOC40848417 ConnecticutLong Beach TownshipLBI$1,059,000
PendingNJOC4072947604 Ocean Blvd.Long Beach TownshipLBI$1,250,000
PendingNJOC4091928 W Roosevelt AveLong Beach TownshipLBI$1,695,000
PendingNJOC40840817 W Harding AveLong Beach TownshipLBI$1,950,000
PendingNJOC40840615 W Harding AveLong Beach TownshipLBI$2,250,000
PendingNJOC4088444703 S Long BeachLong Beach TownshipLBI$3,275,000
PendingNJOC40448815 N Ocean AveSurf CityLBI$4,195,000
ClosedNJOC40550635 Sunset Blvd #G3Long Beach TownshipLBI$42,500
ClosedNJOC403456137 E Maryland Ave E #4Long Beach TownshipLBI$500,000
ClosedNJOC407732129 Pearl St #6Beach HavenLBI$551,000
ClosedNJOC4019949 Pearl St #2CBeach HavenLBI$650,000
ClosedNJOC403626901 Ocean Ave #925Ship BottomLBI$675,000
ClosedNJOC397150510 N Bay Ave #203Beach HavenLBI$679,000
ClosedNJOC3985401406 Bayview AveBarnegat LightLBI$750,000
ClosedNJOC407818223 N 2nd StSurf CityLBI$855,000
ClosedNJOC407528257 N 3rd StSurf CityLBI$875,000
ClosedNJOC400090421 2nd StBeach HavenLBI$937,000
ClosedNJOC4048263 E 15th StBarnegat LightLBI$949,000
ClosedNJOC408404101 E Florida AveLong Beach TownshipLBI$1,075,000
ClosedNJOC40816625 E 49th StLong Beach TownshipLBI$1,150,000
ClosedNJOC405242507 Drexel AveShip BottomLBI$1,200,000
ClosedNJOC408398362 N 5th StSurf CityLBI$1,250,000
ClosedNJOC407724328 Essex AveBeach HavenLBI$1,375,000
ClosedNJOC40691810 W 21st StLong Beach TownshipLBI$1,380,000
ClosedNJOC405792217 Nautilus DrLong Beach TownshipLBI$1,430,000
ClosedNJOC40936012 Old WhalingLong Beach TownshipLBI$1,525,000
ClosedNJOC40722014 31stLong Beach TownshipLBI$1,670,000
ClosedNJOC4073661-D Sunset BlvdLong Beach TownshipLBI$1,685,000
ClosedNJOC4024427 Seaview Dr SLong Beach TownshipLBI$2,201,000
ClosedNJOC408786124 E Sand DuneLong Beach TownshipLBI$2,400,000
WithdrawnNJOC4071162500 Blvd Unit #4AShip BottomLBI$3,100.00
WithdrawnNJOC406550109 N 3rd StSurf CityLBI$819,000
WithdrawnNJOC40265012415 OceanLong Beach TownshipLBI$3,400,000
CanceledNJOC4068743205 Ocean #1Long Beach TownshipLBI$105,000
CanceledNJOC4010963205 Ocean #7Long Beach TownshipLBI$109,000
ExpiredNJOC4056982905 Central AveBarnegat LightLBI$724,999
ExpiredNJOC4037868001 Long Beach BlvdHarvey CedarsLBI$849,000
ExpiredNJOC4047106 W 13th StBarnegat LightLBI$960,000

LBI New Jersey Real Estate Sales Analysis

We are seeing a new trend in the sales market on Long Beach Island. For the past several weeks, there have been more new listings than pending sales. While the gains in the market have been meager, only 1-3 listings a week, it is better than it has been! It is hard to make a call on what this will mean for the market moving forward, but it could well be the beginning of a stabilization of prices in the market. While the market is likely to rise, the rapid growth we have seen will probably slow or flatten out as more balance returns to the market. We will keep a close eye on this! 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 4/25/2021-5/2/2021 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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