Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 5/24/2020-5/31/2020
LBI Real Estate Weekly Sales Update 5/24/2020-5/31/2020 
LBI Real Estate Weekly Sales Update 5/24/2020-5/31/2020 
LBI Real Estate Weekly Sales Update 5/24/2020-5/31/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 5/24/2020-5/31/2020: There were 93 changes to the LBI NJ real estate market this week. Once again, we have seen a notable increase in market activity. After several consecutive weeks of increased activity and a massive jump in pending sales, it is fair to say that, at least right now, the LBI real estate market is doing VERY well. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 12 new listings entered the market with an average price of $1,643,708
- 38 listings went under contact with an average listing price of about $1,246,503
- 13 properties sold on Long Beach Island with an average price of $798,000
- 12 listings were either withdrawn of expired in the LBI real estate market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 5/24/2020-5/31/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 Type | Cat | Address | City | Current Price – Decimal |
| Coming Soon | RES | 20 N 24th St | Surf City | $2,599,000 |
| New Active | RES | 2708 Long Beach Blvd #5 | Ship Bottom | $330,000 |
| New Active | RES | 328 W 16th St | Ship Bottom | $749,500 |
| New Active | RES | 1406 Bayview Ave | Barnegat Light | $839,000 |
| New Active | RES | 15 E 14th St | Long Beach Township | $875,000 |
| New Active | RES | 2208 Central Ave | Barnegat Light | $949,000 |
| New Active | RES | 130-A Long Beach | Long Beach Township | $999,000 |
| New Active | MUL | 6 Hobart | Long Beach Township | $1,050,000 |
| New Active | RES | 221 Holyoke Ave | Beach Haven | $1,895,000 |
| New Active | RES | 517 Shore Ave | Ship Bottom | $2,595,000 |
| New Active | RES | 1075 Long Beach Blvd | Long Beach Township | $5,695,000 |
| Back to Active | RES | 13-A Long Beach Blvd | Long Beach Township | $1,149,000 |
| Price Decrease | RES | 333 W 18th St | Ship Bottom | $579,000 |
| Price Decrease | RES | 1815 Bay Ter | Ship Bottom | $735,000 |
| Price Decrease | RES | 1804 Waverly | Long Beach Township | $819,000 |
| Price Decrease | RES | 8312 Long Beach Blvd | Harvey Cedars | $829,000 |
| Price Decrease | RES | 3602 S Long Beach Blvd #U1 | Long Beach Township | $870,000 |
| Price Decrease | RES | 301 Norwood Ave | Beach Haven | $939,000 |
| Price Decrease | RES | 18 W Janet Road | Long Beach Township | $999,000 |
| Price Decrease | RES | 107 E 23rd St | Long Beach Township | $999,000 |
| Price Decrease | LAND | 107 E 23rd St | Long Beach Township | $999,000 |
| Price Decrease | RES | 3 E 86th St | Harvey Cedars | $1,795,000 |
| Price Decrease | RES | 155-D Long Beach Blvd. | Long Beach Township | $1,899,000 |
| Price Decrease | RES | 913 S Atlantic Ave | Beach Haven | $2,399,000 |
| Price Decrease | RES | 1501 N Ocean Ave | Surf City | $2,599,000 |
| Price Increase | LAND | 10905 Long Beach Blvd | Long Beach Township | $499,500 |
| Price Increase | RES | 12711-Beach Ave. Beach | Long Beach Township | $1,629,000 |
| Price Increase | RES | 3 E 69th St | Harvey Cedars | $1,895,000 |
| Price Increase | RES | 131 E 21st St | Ship Bottom | $4,195,000 |
| Active Under Contract | MUL | 17 W 45th | Long Beach Township | $550,000 |
| Active Under Contract | RES | 3 E 6th St | Barnegat Light | $599,000 |
| Active Under Contract | MUL | 3 E 6th St | Barnegat Light | $599,000 |
| Active Under Contract | RES | 44 W Ohio Ave | Long Beach Township | $749,500 |
| Active Under Contract | RES | 97 E 27th Street | Ship Bottom | $869,000 |
| Active Under Contract | RES | 28 28th | Long Beach Township | $899,000 |
| Active Under Contract | RES | 4 E Texas | Long Beach Township | $1,149,000 |
| Active Under Contract | RES | 415 2nd St | Beach Haven | $1,319,000 |
| Active Under Contract | RES | 302 W 10th St | Ship Bottom | $1,500,000 |
| Pending | RES | 7700 Long Beach #B | Long Beach Township | $329,000 |
| Pending | RES | 111 E 27th St | Ship Bottom | $525,000 |
| Pending | RES | 7 W Delaware Ave | Beach Haven | $574,900 |
| Pending | RES | 102 W 12th St | Ship Bottom | $599,000 |
| Pending | RES | 112 N 3rd St | Surf City | $635,000 |
| Pending | RES | 204 W 6th St | Ship Bottom | $649,000 |
| Pending | RES | 104 E 32nd #2 | Long Beach Township | $685,000 |
| Pending | RES | 201 8th St | Beach Haven | $709,000 |
| Pending | RES | 1072-C Long Beach Blvd | Long Beach Township | $789,000 |
| Pending | RES | 13 W 7 St | Barnegat Light | $799,000 |
| Pending | RES | 23 E 37th | Long Beach Township | $860,000 |
| Pending | RES | 21 S 3rd St | Surf City | $899,900 |
| Pending | MUL | 21 S 3rd St | Surf City | $899,900 |
| Pending | RES | 1613 E Bay Ter | Ship Bottom | $899,900 |
| Pending | RES | 57 Bayview Dr | Long Beach Township | $949,000 |
| Pending | RES | 6 E 8th St | Barnegat Light | $974,999 |
| Pending | RES | 101 W 11th St | Ship Bottom | $995,000 |
| Pending | RES | 185 Nautilus | Long Beach Township | $1,149,000 |
| Pending | RES | 1106 N Barnegat Ave | Surf City | $1,195,000 |
| Pending | RES | 463 Schoderer Ln | Surf City | $1,299,000 |
| Pending | RES | 216 Holyoke Ave | Beach Haven | $1,299,999 |
| Pending | RES | 73 Sunset Blvd | Long Beach Township | $1,395,000 |
| Pending | RES | 353 N 8th St | Surf City | $1,399,000 |
| Pending | RES | 102 E South 33rd St | Long Beach Township | $1,629,000 |
| Pending | RES | 3301 S Long Beach Blvd | Long Beach Township | $1,999,999 |
| Pending | RES | 123-East 19th | Long Beach Township | $2,475,000 |
| Pending | RES | 121 E Kansas Ave | Long Beach Township | $3,195,000 |
| Pending | RES | 107 E Jeanette Ave | Long Beach Township | $3,325,000 |
| Pending | RES | 144 E Dune | Long Beach Township | $5,999,999 |
| Closed | RES | 11 E 40th #U1 | Long Beach Township | $510,000 |
| Closed | RES | 7711 Ocean #1 | Long Beach Township | $520,000 |
| Closed | COM | 10 W 17th St | Barnegat Light | $585,000 |
| Closed | RES | 10 W 17th St | Barnegat Light | $585,000 |
| Closed | RES | 9 W 86th St | Long Beach Township | $699,000 |
| Closed | RES | 12201 N Old Whaling Lane | Long Beach Township | $725,000 |
| Closed | RES | 10001 Highland Ave #A | Long Beach Township | $735,000 |
| Closed | RES | 254 W 21st St | Ship Bottom | $750,000 |
| Closed | RES | 209 Nautilus | Long Beach Township | $891,000 |
| Closed | RES | 3 W Julia Ave | Long Beach Township | $960,000 |
| Closed | RES | 24 W Connecticut (83rd St) Ave | Long Beach Township | $1,065,000 |
| Closed | RES | 8 23rd St | Long Beach Township | $1,099,000 |
| Closed | RES | 103 S Pennsylvania Ave | Beach Haven | $1,250,000 |
| Temporary Off Market | RES | 9 E Stanton Ave | Long Beach Township | $1,750,000 |
| Temporary Off Market | COM | 5416 Long Beach Blvd | Long Beach Township | $1,995,000 |
| Withdrawn | COML | 12900 Long Beach #B | Long Beach Township | $30.00 |
| Withdrawn | RES | 17 45th W | Long Beach Township | $550,000 |
| Withdrawn | MUL | 216 Holyoke Ave | Beach Haven | $1,299,999 |
| Withdrawn | RES | 5 W 73rd St | Harvey Cedars | $1,368,000 |
| Withdrawn | RES | 32 4th St | Surf City | $1,449,000 |
| Withdrawn | RES | 102 E South 33rd St | Long Beach Township | $1,629,000 |
| Withdrawn | RES | 157-C Long Beach Blvd | Long Beach Township | $3,149,000 |
| Canceled | LAND | 111 E 27th St | Ship Bottom | $525,000 |
| Expired | RES | 1810 Central Ave #1 | Ship Bottom | $399,900 |
| Expired | RES | 117 E 27th St | Ship Bottom | $655,000 |
| Expired | RES | 221 Holyoke Ave | Beach Haven | $1,895,000 |
LBI New Jersey Real Estate Sales Analysis
You read that correctly. There were 38 pending sales in the LBI real estate market this week. This is a massive amount of activity and a clear sign that buyers are confident about the future of the real estate market on Long Beach Island. Prices are holding steady and there was even a pending sale (my listing) for $6,000,000 in The Dunes section of Long Beach Township. 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 5/24/2020-5/31/2020 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
More LBI Real Estate Information:
Choosing the Right Pool on Long Beach Island
Are LBI Real Estate Sellers Reducing Prices?
Inventory Remains a Challenge in the LBI Real Estate Market