LBI Real Estate Weekly Sales Update 5/26/2019-6/2/2019

LBI Real Estate Weekly Sales Update 5/26/2019-6/2/2019







Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 5/26/2019-6/1/2019

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 5/26/2019-6/2/2019: It was yet again a slow week in the Long Beach Island real estate market with only 93 changes to the MLS. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,012,147
  • 6 listings went under contact with an average listing price of about $1,519,633
  • 14 properties sold on Long Beach Island with an average price of $1,015,000
  • 25 listings were either withdrawn of expired in the LBI real estate market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 5/26/2019-6/2/2019

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the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired).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$345,000 8002
CONDONEW1217thShip Bottom$479,000 9105
SFNEW424DockBeach Haven Borough$499,900 2,6835
SFNEW304N 10thSurf City$549,000 8706
SFNEW204PennsylvaniaBeach Haven Borough$599,900 1,0084
MULNEW204PennsylvaniaBeach Haven Borough$599,900 1,0084
SFNEW3SeabreezeLong Beach Twp$655,000 1,3763
SFNEW33311thShip Bottom$699,000 1,3001
CONDONEW5WestBeach Haven Borough$749,900 2,4003
COMNEW615BayBeach Haven Borough$799,999 07
SFNEW1102Long Beach BlvdLong Beach Twp$899,900 1,8482
SFNEW1GoodrichLong Beach Twp$1,249,000 3,4125
SFNEW2324thSurf City$1,299,000 2,7682
SFNEW2422ndSurf City$1,599,000 2,3005
SFNEW4411thSurf City$1,659,000 2,7359
SFNEW1208WestBeach Haven Borough$1,825,000 3,2188
SFNEW277W 27TH.Ship Bottom$2,699,000 3,8004
COMBOM2304Long BeachShip Bottom$499,000 0398
CONDOBOM102RooseveltLong Beach Twp$579,000 1,43727
SFBOM1813thLong Beach Twp$899,000 2,490131
SFBOM5201Long BeachLong Beach Twp$1,200,000 2,400339
SFBOM2302BayviewBarnegat Light$1,499,000 2,42877
CONDODOWN21PennsylvaniaLong Beach Twp$159,900 468103
CONDODOWN5515Long BeachLong Beach Twp$289,900 336212
CONDODOWN1212CentralSurf City$419,000 75058
SFDOWN31918thShip Bottom$439,000 616145
SFDOWN21611thSurf City$547,000 1,32292
SFDOWN2010thBarnegat Light$577,000 1,78838
SFDOWN2South 34thLong Beach Twp$619,999 1,201241
COMDOWN8201Long Beach Blvd.Long Beach Twp$746,000 0107
SFDOWN32816thShip Bottom$768,000 2,31849
SFDOWN28112thShip Bottom$819,000 2,30268
SFDOWN10021stLong Beach Twp$879,000 3,360137
SFDOWN2923rdLong Beach Twp$899,000 2,578145
CONDODOWN2923rdLong Beach Twp$899,000 2,578145
SFDOWN3062ndBeach Haven Borough$949,900 2,30067
LNDDOWN27527thShip Bottom$990,000 2,10072
SFDOWN27527thShip Bottom$990,000 2,100110
SFDOWN1720thBarnegat Light$996,000 2,41771
SFDOWN5WinifredLong Beach Twp$1,199,000 2,40044
SFDOWN806BayviewBarnegat Light$1,699,900 3,54865
SFDOWN108PanoramaLong Beach Twp$1,995,000 3,138129
SFDOWN84-BBayview DriveLong Beach Twp$2,695,000 4,591339
SFDOWN11586thLong Beach Twp$2,999,000 3,100321
SFDOWN1029-CLong Beach BlvdLong Beach Twp$3,795,000 3,858106
SFDOWN1013 CLong BeachLong Beach Twp$3,799,000 5,800262
SFUP1066thShip Bottom$699,000 1,40447
MULUP1066thShip Bottom$699,000 1,57547
SFK28North CarolinaLong Beach Twp$1,199,000 3,76326
CONDOPUnit 6  700BroadwayBarnegat Light$299,900 915124
LNDP1310thSurf City$840,000 016
SFP168 DLong BeachLong Beach Twp$879,900 1,92830
SFP6807KentHarvey Cedars$2,300,000 3,840118
SFP4505Long BeachLong Beach Twp$3,599,000 4,16971
SFW1JeanetteLong Beach Twp$639,900 1,350134
COMW305BayBeach Haven Borough$1,495,000 6,00034
SFW1113Long BeachLong Beach Twp$1,999,000 2,872107
SFV2422ndSurf City$1,649,000 2,30095
CONDOC1116thShip Bottom$330,000 624229
CONDOC20West 21st Street Unit 2Long Beach Twp$375,000 87564
MULC16HardingLong Beach Twp$585,000 1,776106
MULC1JeanetteLong Beach Twp$611,000 1,350133
CONDOC325EnglesideBeach Haven Borough$611,500 1,50025
SFC10123rdLong Beach Twp$630,000 1,16711
SFC10416thLong Beach Twp$802,500 1,77697
SFC2833rdSurf City$960,000 2,112191
SFC2113BayBeach Haven Borough$975,000 2,000224
SFC3204thShip Bottom$1,160,000 2,38047
SFC124Auburn RoadLong Beach Twp$1,245,000 2,20050
SFC319IroquoisBeach Haven Borough$1,650,000 3,000108
MULC1113Long BeachLong Beach Twp$1,975,000 2,872107
SFC1000AtlanticBeach Haven Borough$2,300,000 3,00081
CONDOX5608OceanLong Beach Twp$329,000 728120
COMX3DelawareLong Beach Twp$549,900 0197
SFX5801BayviewLong Beach Twp$630,000 1,680197
SFX8CarolinaLong Beach Twp$644,000 1,414235
CONDOX305thBarnegat Light$734,900 2,568263
SFX305thBarnegat Light$734,900 2,568220
SFX2006BayviewBarnegat Light$749,000 1,056233
SFX1126-CLong BeachLong Beach Twp$779,000 1,456230
SFX6302Long Beach BlvdHarvey Cedars$789,000 1,459180
SFX316thBarnegat Light$890,000 0292
SFX68thBarnegat Light$974,999 1,350115
SFX136 CLong BeachLong Beach Twp$1,395,000 2,626365
SFX323LibertyBeach Haven Borough$1,525,000 2,500120
SFX5W CumberlandHarvey Cedars$1,575,000 2,50091
SFX1126-DLong BeachLong Beach Twp$1,579,000 4,408230
SFX101PearlBeach Haven Borough$1,795,000 2,500252
LNDX15Ocean (N 1st St) Lot 4Surf City$1,850,000 055
LNDX15Ocean (N 1st St) Lot 3Surf City$2,250,000 055
SFX4405Long BeachLong Beach Twp$2,499,000 3,100147
SFX157-CLong BeachLong Beach Twp$3,199,000 3,900212
SFX15Ocean (N 1st St)Surf City$3,995,000 3,69648

LBI New Jersey Real Estate Sales Analysis

While things have slowed down recently, much of this is a seasonal change. This is historically a slow time in the LBI real estate market. While the average price of a new listing was about the same as last week far fewer homes entered the market (30 last week compared to 17 this week). Half as many homes went under contract this week compared to last but the price was about $500,000 higher on average. Roughly the same number of homes sold as last week but at a higher price point. There were twice as many expired and withdrawn listings as last week. 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 5/26/2019-6/2/2019 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

More LBI Real Estate Information:

Landscape Tips to Find Buyers in the LBI Real Estate Market

LBI Real Estate Listing Prices May 2019

How to Make a Competitive Offer in the LBI Real Estate Market

LBI Real Estate Market 20% Down Payments

Three Reasons LBI Real Estate Should Have a Strong Spring

LBI Real Estate Co-Op

Two LBI Real Estate Trends That Could Make This A Good Time To Buy

LBI Sellers-Meet Your House!

Three Things to Consider When Buying a LBI Real Estate Vacation Property

How to Win a Bidding War in the LBI Real Estate Market

LBI Real Estate Sales $2,000,000-$3,000,000

Buying a Home in the LBI Real Estate Market in Spring 2019