LBI Real Estate Weekly Sales Update 5/12/2019-5/19/2019

LBI Real Estate Weekly Sales Update 5/12/2019-5/19/2019





Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 5/12/2019-5/19/2019

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 5/12/2019-5/19/2019: With only 112 changes to the MLS in the Long Beach Island real estate market this week activity picked up some over last week. That said much of this increase had to do with the Arlington Beach Club condos being listed as individual units which added considerably to the new listing count. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 30 new listings entered the market with an average price of $1,020,997
  • 11 listings went under contact with an average listing price of about $995,436
  • 21 properties sold on Long Beach Island with an average price of $883,410
  • 16 listings were either withdrawn of expired in the LBI real estate market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 5/12/2019-5/19/2019

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the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired).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
CONDONEW900BeachBeach Haven Borough$349,000 9503
LNDNEW11528thShip Bottom$399,900 1,8254
CONDONEW1019thShip Bottom$569,000 1,2891
CONDONEW1019thShip Bottom$582,000 1,2891
CONDONEW1019thShip Bottom$584,000 1,2891
CONDONEW1019thShip Bottom$589,000 1,3081
CONDONEW1019thShip Bottom$609,000 1,3081
CONDONEW1019thShip Bottom$615,000 1,2891
CONDONEW1019thShip Bottom$619,000 1,3081
CONDONEW1019thShip Bottom$625,000 1,2891
MULNEW21618thShip Bottom$625,000 1,918359
SFNEW2571stSurf City$639,000 9246
SFNEW1123rdSurf City$650,000 9002
MULNEW5Cape CodLong Beach Twp$650,000 1,3802
CONDONEW1019thShip Bottom$739,000 1,2891
CONDONEW1019thShip Bottom$739,000 1,2891
CONDONEW1019thShip Bottom$739,000 1,2891
SFNEW10525thShip Bottom$799,000 1,6801
SFNEW5SusanLong Beach Twp$799,000 1,5753
LNDNEW1310thSurf City$840,000 05
SFNEW225LibertyBeach Haven Borough$897,000 1,1525
SFNEW23022ndSurf City$1,099,000 1,8007
SFNEW38112thShip Bottom$1,399,000 1,8163
SFNEW59BLong BeachLong Beach Twp$1,599,000 3,7915
SFNEW3008BeachLong Beach Twp$1,789,000 2,6003
SFNEW215NautilusLong Beach Twp$1,895,000 3,2735
SFNEW6500OceanLong Beach Twp$1,999,000 2,46810
SFNEW155-DLong BeachLong Beach Twp$2,199,000 2,9045
SFNEW153rdSurf City$2,295,000 3,0124
SFNEW4183rdSurf City$2,699,000 4,6114
CONDOBOM305thBarnegat Light$734,900 2,568251
SFBOM305thBarnegat Light$734,900 2,568208
SFBOM210MarineBeach Haven Borough$839,000 1,79236
SFBOM613BarnegatSurf City$889,900 2,43634
SFBOM427thBarnegat Light$899,000 2,016272
SFBOM187NautilusLong Beach Twp$1,050,000 1,750108
CONDODOWN21PennsylvaniaLong Beach Twp$162,900 46889
SFDOWN24711thShip Bottom$482,500 91877
CONDODOWN2108BayBeach Haven Borough$490,000 1,032111
SFDOWN2504CentralBarnegat Light$589,000 1,660103
MULDOWN2639thSurf City$629,900 1,344287
SFDOWN2639thSurf City$629,900 1,344287
CONDODOWN1019thShip Bottom$637,000 1,308262
SFDOWN112Ship BottomShip Bottom$649,999 1,15019
SFDOWN1120ALong BeachLong Beach Twp$725,000 1,20426
LNDDOWN2LagoonLong Beach Twp$749,000 048
SFDOWN2LagoonLong Beach Twp$749,000 85048
SFDOWN2923rdLong Beach Twp$910,000 2,578131
CONDODOWN2923rdLong Beach Twp$910,000 2,578131
SFDOWN2114thBeach Haven Borough$965,900 1,50046
SFDOWN12IdahoLong Beach Twp$999,000 2,200233
SFDOWN8LaveniaLong Beach Twp$1,039,000 2,400305
SFDOWN3064th StreetSurf City$1,099,000 2,100234
SFDOWN1205thBeach Haven Borough$1,120,000 1,80069
SFDOWN3845thSurf City$1,249,000 3,19860
SFDOWN820thLong Beach Twp$1,275,000 3,47854
SFDOWN6501BayviewLong Beach Twp$1,295,000 2,04468
SFDOWN115PearlBeach Haven Borough$1,499,000 3,42988
SFDOWN1323rdLong Beach Twp$1,499,900 2,75662
SFDOWN2422ndSurf City$1,649,000 2,30086
SFDOWN106BaySurf City$1,749,000 2,600135
SFDOWN353Dusty MillerLong Beach Twp$1,750,000 2,800444
SFDOWN586thHarvey Cedars$1,849,000 2,500157
SFDOWN123OsbornLong Beach Twp$2,695,000 4,760131
SFP2503CentralBarnegat Light$615,000 1,408226
SFP112BarnegatSurf City$639,000 1,14323
SFP626thLong Beach Twp$649,000 2,22543
CONDOP1000BayBeach Haven Borough$649,900 1,10044
SFP20115thShip Bottom$670,000 1,63830
SFP22817thSurf City$759,000 1,15222
MULP427thBarnegat Light$899,000 2,016272
SFP3384thShip Bottom$899,000 2,20093
SFP9BergenHarvey Cedars$975,000 1,286251
SFP27JudithLong Beach Twp$1,799,900 3,34757
SFP1000AtlanticBeach Haven Borough$2,395,000 3,00081
CONDOW101-1079thShip Bottom$599,000 1,289261
LNDW626thLong Beach Twp$649,000 0330
SFW4138thBeach Haven Borough$699,000 1,70049
SFW59BLong BeachLong Beach Twp$1,695,000 3,791235
CONDOC21PennsylvaniaLong Beach Twp$205,000 490168
LNDC14AlbrightLong Beach Twp$485,000 8,500153
CONDOC9VirginiaLong Beach Twp$490,000 91222
SFC22421stShip Bottom$605,000 1,10042
SFC23622ndShip Bottom$615,000 1,05633
CONDOC4138thBeach Haven Borough$615,000 1,70022
SFC417CoralBeach Haven Borough$620,000 1,458248
SFC21021stShip Bottom$660,100 1,5278
CONDOC220MerivaleBeach Haven Borough$750,000 1,092181
SFC106thSurf City$785,000 1,34434
SFC12New YorkLong Beach Twp$820,000 1,94088
SFC4001JuliaLong Beach Twp$840,000 2,100212
SFC30911thShip Bottom$875,000 2,20075
MULC8East Essex AvenueHarvey Cedars$1,065,000 2,496134
SFC160MarinaLong Beach Twp$1,100,000 2,30851
SFC434iroquoisBeach Haven Borough$1,151,500 1,850201
SFC1277thHarvey Cedars$1,225,000 2,170178
SFC2945thLong Beach Twp$1,280,000 2,50043
SFC104KansasLong Beach Twp$1,350,000 2,240230
SFC177Long BeachLong Beach Twp$1,500,000 5,542539
SFC11086thLong Beach Twp$1,515,000 2,40030
INOWX6MercerHarvey Cedars$55,000 1,0001,376
CONDOX22CarolinaLong Beach Twp$679,900 1,250181
CONDOX22CarolinaLong Beach Twp$679,900 1,250181
CONDOX804Bay Club LaneBeach Haven Borough$799,000 1,800202
SFX4601Long BeachLong Beach Twp$860,000 2,610304
SFX37South 34th StreetLong Beach Twp$895,000 2,200167
SFX9VirginiaLong Beach Twp$899,900 1,82422
MULX9VirginiaLong Beach Twp$899,900 1,82422
SFX5201Long BeachLong Beach Twp$1,200,000 2,400332
SFX3008BeachLong Beach Twp$1,789,000 2,60089
SFX215NautilusLong Beach Twp$1,895,000 3,273243
SFX4183rdSurf City$2,699,000 4,611181

LBI New Jersey Real Estate Sales Analysis

Of the 30 new listings this week, 8 of them were in the Arlington Beach Club. This accounts for roughly a third of all new listing activity (and to be fair they are not really new listings-they have been on the market for about a year). Pending sales were down considerably from last week (21 last week and only 11 this week). That said, closed sales were slightly higher. Overall market activity has slowed down somewhat but much of this can be explained by a seasonal slowdown that is typical for this time of year. 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 5/12/2019-5/19/2019 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 |

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

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