LBI Real Estate Weekly Sales Update 4/4/2021-4/11/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 4/4/2021-4/11/2021

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 4/4/2021-4/11/2021: With just over 50 changes to the MLS this week on Long Beach Island, market activity dropped off quite a bit. This is not entirely unexpected. With fewer and fewer homes for sale, market activity will slow down. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,664,700
  • 13 listings went under contract with an average listing price of about $1,514,377
  • 10 properties sold on Long Beach Island with an average price of $1,021,500
  • 8 listings were either withdrawn of expired in the LBI real estate market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 4/4/2021-4/11/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC4087026305-A Long Beach Blvd #AHarvey CedarsLBI$997,500
Coming SoonNJOC408628106 E 4th StShip BottomLBI$1,499,000
Coming SoonNJOC408774120 BeardsleyLong Beach TownshipLBI$1,725,000
New ActiveNJOC408630901 Ocean Ave #2 UNIT 905Ship BottomLBI$699,000
New ActiveNJOC4084581003 N Central AveSurf CityLBI$775,000
New ActiveNJOC4085421817 Central AveShip BottomLBI$829,000
New ActiveNJOC408554125 5th StBeach HavenLBI$899,900
New ActiveNJOC408738811 W Bay Club Ln #7Beach HavenLBI$949,900
New ActiveNJOC40851813003 BayviewLong Beach TownshipLBI$999,000
New ActiveNJOC408782110 E 14thLong Beach TownshipLBI$1,624,000
New ActiveNJOC4087641901 Long Beach BoulevardLong Beach TownshipLBI$1,695,000
New ActiveNJOC408688220 Taylor AveBeach HavenLBI$1,995,000
New ActiveNJOC408680220 Taylor AveBeach HavenLBI$1,995,000
New ActiveNJOC4083627804 Compass StHarvey CedarsLBI$2,100,000
New ActiveNJOC40873415 N 15th StSurf CityLBI$2,199,000
New ActiveNJOC40853888 N Ohio AveLong Beach TownshipLBI$2,199,000
New ActiveNJOC407648103-B Long Beach BlvdLong Beach TownshipLBI$2,399,000
New ActiveNJOC40871627 W OhioBeach HavenLBI$2,950,000
New ActiveNJOC408690907 Seaview AveBarnegat LightLBI$3,100,000
Back to ActiveNJOC393004508 Central AveShip BottomLBI$699,900
Price DecreaseNJOC4032642508 Long Beach BlvdShip BottomLBI$350,000
Price DecreaseNJOC4032482504 Long Beach Blvd #3AShip BottomLBI$350,000
Price DecreaseNJOC40792012 StarboardLong Beach TownshipLBI$825,000
Price DecreaseNJOC4048281901 Long Beach BoulevardLong Beach TownshipLBI$1,695,000
Active Under ContractNJOC4082624 W Harding AveLong Beach TownshipLBI$879,000
Active Under ContractNJOC4082607-B Sunset BlvdLong Beach TownshipLBI$1,149,000
Active Under ContractNJOC408532504 BroadwayBarnegat LightLBI$1,549,900
Active Under ContractNJOC40573214 E 29th StBarnegat LightLBI$3,399,000
PendingNJOC397170510 N Bay Ave #208Beach HavenLBI$689,000
PendingNJOC408448101 Engleside Ave #7Beach HavenLBI$729,000
PendingNJOC403638316 W 10th StShip BottomLBI$915,000
PendingNJOC406718386 N 4th StSurf CityLBI$979,000
PendingNJOC408596509 Dock Rd #ABeach HavenLBI$1,050,000
PendingNJOC407504283 W 14th StShip BottomLBI$1,450,000
PendingNJOC40784452-E Long Beach BlvdLong Beach TownshipLBI$1,999,000
PendingNJOC408786124 E Sand DuneLong Beach TownshipLBI$2,400,000
PendingNJOC405462131 Laguna LnLong Beach TownshipLBI$2,499,000
ClosedNJOC4078804 E 79th Street Share #2Harvey CedarsLBI$75,000
ClosedNJOC399670101 W 9th St #203Ship BottomLBI$608,000
ClosedNJOC40282612 E 27thLong Beach TownshipLBI$777,500
ClosedNJOC405624322 6th St WShip BottomLBI$895,000
ClosedNJOC40711216 E NevadaLong Beach TownshipLBI$925,000
ClosedNJOC407200275 W 27th StShip BottomLBI$990,000
ClosedNJOC4053646 E Passaic AveHarvey CedarsLBI$1,450,500
ClosedNJOC4064187 StevenLong Beach TownshipLBI$1,495,000
ClosedNJOC407222124 East Lillie AveLong Beach TownshipLBI$1,499,000
ClosedNJOC394510401 N Bay AveBeach HavenLBI$1,500,000
Temporary Off MarketNJOC408526273 N 2nd StSurf CityLBI$1,299,000
WithdrawnNJOC407782101 W 9th W #202Ship BottomLBI$729,900
WithdrawnNJOC40646011 E 13thLong Beach TownshipLBI$999,000
CanceledNJOC404526209 W 28th StShip BottomLBI$1,190,000
CanceledNJOC40419015 N 15th StSurf CityLBI$2,149,000
CanceledNJOC3984741075 Long Beach BlvdLong Beach TownshipLBI$5,695,000
ExpiredNJOC4034444004 OceanLong Beach TownshipLBI$1,259,000
ExpiredNJOC404206120 East South 31stLong Beach TownshipLBI$1,850,000

LBI New Jersey Real Estate Sales Analysis

This was the first time in MONTHS that more homes were listed for sale than went under contract in the LBI real estate market. While this is a welcomed change for buyers, this trend will need to be the norm for a long time to correct the imbalance of inventory between buyers and sellers. Furthermore, several of these new listings already have offers on them. Competition remains very high on Long Beach Island!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 4/4/2021-4/11/2021 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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