Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 5/19/2019-5/26/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 5/19/2019-5/26/2019: It was a rather slow week in the Long Beach Island real estate market. There were only 100 changes to the MLS this week. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,087,692
- 12 listings went under contact with an average listing price of about $1,011,306
- 15 properties sold on Long Beach Island with an average price of $843,100
- 13 listings were either withdrawn of expired in the LBI real estate market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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Weekly Sales Update 5/19/2019-5/16/2019
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the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired).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.
Type | Chg Type | Street Number | Street Name | Municipality | Current Price | Sq Ft Total | DOM |
SF | NEW | 1410 | Atlantic | Long Beach Twp | $1,375 | 0 | 3 |
SF | NEW | 1410 | Atlantic | Long Beach Twp | $1,375 | 0 | 3 |
CONDO | NEW | 2219 | Central | Ship Bottom | $139,900 | 204 | 3 |
CONDO | NEW | 202 | 26th St | Ship Bottom | $350,000 | 728 | 3 |
SF | NEW | 287 | 14th | Ship Bottom | $549,900 | 1,152 | 4 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $572,000 | 1,289 | 12 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $584,000 | 1,308 | 12 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $594,000 | 1,308 | 12 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $599,000 | 1,308 | 12 |
SF | NEW | 7600 | Long Beach | Long Beach Twp | $619,999 | 1,596 | 3 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $620,000 | 1,286 | 12 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $625,000 | 1,286 | 12 |
CONDO | NEW | 101 | 9th Street | Ship Bottom | $627,000 | 1,308 | 19 |
SF | NEW | 339 | West 14TH ST | Ship Bottom | $649,000 | 1,365 | 6 |
CONDO | NEW | 315 | Centre | Beach Haven Borough | $675,000 | 1,671 | 6 |
SF | NEW | 315 | Centre | Beach Haven Borough | $675,000 | 1,671 | 6 |
LND | NEW | 1094 | Long Beach | Long Beach Twp | $719,000 | 1,344 | 35 |
COM | NEW | 615 | Bay | Beach Haven Borough | $799,999 | 0 | 1 |
CONDO | NEW | 1300 | Beach | Long Beach Twp | $800,000 | 1,698 | 2 |
SF | NEW | 40 | Alma Road | Long Beach Twp | $829,000 | 2,250 | 5 |
SF | NEW | 4601 | Long Beach | Long Beach Twp | $855,000 | 2,610 | 5 |
SF | NEW | 1123 A | Long Beach | Long Beach Twp | $899,900 | 1,344 | 3 |
SF | NEW | 44-A | Sandy Island Drive | Long Beach Twp | $949,000 | 2,300 | 3 |
COM | NEW | 907-909 | Bay | Beach Haven Borough | $949,000 | 0 | 5 |
SF | NEW | 14 | Antioch Road | Long Beach Twp | $997,500 | 1,898 | 6 |
SF | NEW | 2401 | Central Avenue | Barnegat Light | $1,125,000 | 2,500 | 6 |
SF | NEW | 34 | New York | Long Beach Twp | $1,700,000 | 4,432 | 5 |
SF | NEW | 1208 | West | Beach Haven Borough | $1,825,000 | 3,218 | 2 |
SF | NEW | 1067 | Long Beach | Long Beach Twp | $3,299,800 | 3,348 | 7 |
SF | NEW | 45-D | LONG BEACH | Long Beach Twp | $8,999,999 | 10,000 | 3 |
INOW | BOM | 4 | 79th | Harvey Cedars | $69,000 | 900 | 62 |
SF | BOM | 5201 | Long Beach | Long Beach Twp | $1,200,000 | 2,400 | 333 |
SF | DOWN | 1212 | Central | Surf City | $419,000 | 720 | 52 |
SF | DOWN | 1107 | Barnegat | Surf City | $587,000 | 1,122 | 104 |
SF | DOWN | 8 | 81st | Harvey Cedars | $594,500 | 1,020 | 105 |
SF | DOWN | 356 | 5th | Surf City | $595,000 | 1,248 | 51 |
COM | DOWN | 110 | Bay | Beach Haven Borough | $599,000 | 1,800 | 433 |
SF | DOWN | 105 | 15th | Long Beach Twp | $599,900 | 1,600 | 268 |
CONDO | DOWN | 500 | Bay SE | Beach Haven Borough | $629,000 | 1,200 | 316 |
SF | DOWN | 5801 | Bayview | Long Beach Twp | $630,000 | 1,680 | 193 |
SF | DOWN | 4 | Buckingham | Harvey Cedars | $674,900 | 1,846 | 59 |
COM | DOWN | 108 | Bay | Beach Haven Borough | $799,999 | 3,700 | 207 |
SF | DOWN | 11 | Lillie | Long Beach Twp | $829,900 | 1,729 | 80 |
SF | DOWN | 1046 | Long Beach | Long Beach Twp | $879,000 | 2,505 | 270 |
MUL | DOWN | 1046 | Long Beach | Long Beach Twp | $879,000 | 2,505 | 270 |
SF | DOWN | 1 | Amherst | Long Beach Twp | $880,000 | 2,836 | 209 |
SF | DOWN | 115 | Osborn | Long Beach Twp | $899,000 | 2,805 | 30 |
SF | DOWN | 6C | 82nd | Harvey Cedars | $965,000 | 945 | 478 |
LND | DOWN | 275 | 27th | Ship Bottom | $990,000 | 2,100 | 66 |
SF | DOWN | 275 | 27th | Ship Bottom | $990,000 | 2,100 | 104 |
SF | DOWN | 6 | Drexel | Surf City | $1,199,000 | 2,300 | 298 |
SF | DOWN | 10 | Drexel | Surf City | $1,199,000 | 2,300 | 224 |
SF | DOWN | 48 | Long Beach | Long Beach Twp | $1,239,000 | 2,100 | 109 |
SF | DOWN | 136 C | Long Beach | Long Beach Twp | $1,395,000 | 2,626 | 360 |
COM | DOWN | 110 | Bay | Beach Haven Borough | $1,399,999 | 5,300 | 75 |
SF | DOWN | 409 | Leeward | Beach Haven Borough | $1,599,000 | 2,918 | 88 |
SF | DOWN | 108 | Panorama | Long Beach Twp | $1,995,000 | 3,138 | 123 |
SF | DOWN | 1013 C | Long Beach | Long Beach Twp | $3,799,000 | 5,800 | 256 |
SF | UP | 202 | 17th | Ship Bottom | $700,000 | 936 | 131 |
SF | UP | 1109 | Ocean | Surf City | $3,899,000 | 4,800 | 262 |
CONDO | K | 102 | Roosevelt | Long Beach Twp | $579,000 | 1,437 | 21 |
SF | K | 35 | South 33rd | Long Beach Twp | $579,900 | 1,113 | 31 |
APT | P | 217 | 10th | Surf City | $975 | 900 | 18 |
CONDO | P | 508 | Engleside | Beach Haven Borough | $425,000 | 918 | 2 |
SF | P | 6208 | Long Beach Blvd. | Long Beach Twp | $575,000 | 1,400 | 80 |
SF | P | 329 | 3rd | Surf City | $654,900 | 1,626 | 52 |
SF | P | 7 | Harmony | Long Beach Twp | $724,000 | 1,500 | 52 |
SF | P | 4 | 20th | Barnegat Light | $829,000 | 1,008 | 101 |
SF | P | 101 | Mermaid | Long Beach Twp | $974,900 | 2,402 | 51 |
SF | P | 6305E | Long Beach | Harvey Cedars | $1,195,000 | 2,300 | 34 |
LND | P | 57 | Long Beach | Long Beach Twp | $2,799,000 | 0 | 345 |
SF | P | 57-B | Long Beach | Long Beach Twp | $2,799,000 | 3,749 | 345 |
SF | W | 7301 | Long Beach | Long Beach Twp | $419,000 | 1,296 | 101 |
MUL | W | 332 | 2nd | Surf City | $649,000 | 1,976 | 202 |
SF | W | 9 | E South 34th | Long Beach Twp | $679,000 | 1,184 | 234 |
SF | W | 4 | 27th | Barnegat Light | $899,000 | 2,016 | 273 |
SF | W | 21 | Hobart | Long Beach Twp | $919,900 | 1,800 | 108 |
SF | W | 706 | Bay | Beach Haven Borough | $1,299,000 | 2,500 | 152 |
CONDO | C | 7301 | Long Beach | Long Beach Twp | $419,000 | 1,296 | 110 |
SF | C | 321 | Stratford | Beach Haven Borough | $549,000 | 672 | 22 |
SF | C | 343 | 4th | Surf City | $605,000 | 1,090 | 80 |
CONDO | C | 1000 | Bay | Beach Haven Borough | $640,000 | 1,100 | 44 |
CONDO | C | 9 | Pearl | Beach Haven Borough | $660,000 | 704 | 287 |
SF | C | 7 | 51st | Long Beach Twp | $705,000 | 1,296 | 18 |
CONDO | C | 101-107 | 9th | Ship Bottom | $739,000 | 1,289 | 176 |
SF | C | 421 | Coral | Beach Haven Borough | $750,000 | 1,944 | 164 |
SF | C | 102 | 13th | Surf City | $755,000 | 1,056 | 44 |
SF | C | 34 | 36th | Long Beach Twp | $875,000 | 2,064 | 93 |
SF | C | 103 | Surf | Long Beach Twp | $945,000 | 1,681 | 192 |
SF | C | 2 | 13th | Barnegat Light | $952,500 | 2,394 | 73 |
SF | C | 18 | Lange | Harvey Cedars | $987,000 | 2,604 | 112 |
SF | C | 327 | Norwood | Beach Haven Borough | $1,115,000 | 2,212 | 98 |
SF | C | 18 | Burwell | Long Beach Twp | $1,950,000 | 3,432 | 229 |
MUL | X | 10 | Marshall | Long Beach Twp | $699,000 | 1,500 | 78 |
SF | X | 10 | Marshall | Long Beach Twp | $699,000 | 1,500 | 63 |
SF | X | 6302 | Long Beach Blvd | Harvey Cedars | $789,000 | 1,459 | 180 |
SF | X | 12201 | Old Whaling | Long Beach Twp | $825,000 | 1,824 | 181 |
SF | X | 97 | 27th | Ship Bottom | $869,000 | 2,160 | 135 |
SF | X | 14 | Antioch Road | Long Beach Twp | $997,500 | 1,898 | 211 |
SF | X | 1201 | Beach | Beach Haven Borough | $1,650,000 | 3,600 | 181 |
LBI New Jersey Real Estate Sales Analysis
Between this week and last the same number of new listings entered the market (30) and the average price was almost unchanged. There was one more pending sale this week and the average price was slightly higher this week. Far fewer homes sold this week, 21 last week compared to 15 this week, and the average price was about the same in the mid $800,0000’s. This is much lower than the “normal” average price of around $1,000,000. Overall activity was positive in the LBI real estate market this week in spite of being a little slower than normal. 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 5/19/2019-5/26/2019 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 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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