Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 5/31/2020-6/7/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 5/31/2020-6/7/2020: The LBI real estate market showed another increase in activity this week. The market has been VERY busy on Long Beach Island for both sales and rentals. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 21 new listings entered the market with an average price of $1,389,224
- 21 listings went under contact with an average listing price of about $1,247,229
- 11 properties sold on Long Beach Island with an average price of $978,455
- 27 listings were either withdrawn of expired in the LBI real estate market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 5/31/2020-6/7/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | 106 E 20th St | Ship Bottom | $699,000 |
Coming Soon | RES | 3400-A Long Beach #A | Long Beach Township | $1,035,000 |
New Active | RES | 407 N Delaware Ave | Beach Haven | $698,900 |
New Active | RES | 328 W 16th St | Ship Bottom | $749,500 |
New Active | RES | 134 E 24th St | Ship Bottom | $829,000 |
New Active | MUL | 125 E 29th | Long Beach Township | $879,000 |
New Active | RES | 125 E 29th | Long Beach Township | $879,000 |
New Active | RES | 39 Wyoming | Long Beach Township | $949,000 |
New Active | RES | 1701 Bay Terrace | Long Beach Township | $979,000 |
New Active | RES | 209 N Atlantic Ave | Beach Haven | $987,800 |
New Active | RES | 24 W Winifred | Long Beach Township | $999,000 |
New Active | RES | 130-A Long Beach | Long Beach Township | $999,000 |
New Active | RES | 1820 Bay Ter | Ship Bottom | $1,299,000 |
New Active | RES | 220 E Amber St | Beach Haven | $1,575,000 |
New Active | RES | 15 N 7th St | Surf City | $1,599,000 |
New Active | RES | 2117 Ocean Ave | Ship Bottom | $1,879,500 |
New Active | RES | 356 Dusty Miller Dr | Long Beach Township | $1,949,000 |
New Active | RES | 34 Thomas Ave | Harvey Cedars | $2,195,000 |
New Active | RES | 213 E 32nd | Long Beach Township | $2,195,000 |
New Active | RES | 20 N 24th St | Surf City | $2,599,000 |
New Active | RES | 97c Long Beach Blvd | Long Beach Township | $3,200,000 |
Price Decrease | RES | 20 Amber St #C2 | Beach Haven | $465,000 |
Price Decrease | LAND | 504 Broadway | Barnegat Light | $749,900 |
Price Decrease | RES | 504 Broadway | Barnegat Light | $749,900 |
Price Decrease | RES | 9206 Long Beach Blvd | Long Beach Township | $789,000 |
Price Decrease | RES | 40 4th W #8 | Barnegat Light | $799,000 |
Price Decrease | RES | 358 N 6th St | Surf City | $985,000 |
Price Decrease | RES | 1701 West Ave | Beach Haven | $1,199,000 |
Price Decrease | MUL | 8701 Long Beach Boulevard | Long Beach Township | $1,350,000 |
Price Decrease | COM | 8701 Long Beach Blvd | Long Beach Township | $1,350,000 |
Price Decrease | RES | 10 W Judith Ave | Long Beach Township | $1,449,000 |
Price Decrease | RES | 119 E Lillie Ave | Long Beach Township | $1,649,000 |
Price Decrease | RES | 1501 N Ocean Ave | Surf City | $2,599,000 |
Price Increase | LAND | 4 W Kimberly | Long Beach Township | $599,000 |
Price Increase | COM | 510 Dock Rd | Beach Haven | $725,000 |
Price Increase | LAND | 510 Dock Rd | Beach Haven | $725,000 |
Price Increase | RES | 1907 S Bay Ave #B | Beach Haven | $879,000 |
Price Increase | RES | 7-A Long Beach Blvd. | Long Beach Township | $7,895,000 |
Active Under Contract | RES | 20 W 21st St #1 | Long Beach Township | $399,900 |
Active Under Contract | RES | 525 Amber St #B | Beach Haven | $625,000 |
Active Under Contract | RES | 322 W 18th St | Ship Bottom | $774,900 |
Active Under Contract | RES | 28 28th | Long Beach Township | $899,000 |
Active Under Contract | RES | 8 E Ohio | Long Beach Township | $1,680,000 |
Active Under Contract | RES | 118 Dolphin Ave | Beach Haven | $2,399,000 |
Pending | RES | 217 W 11th St #2 | Ship Bottom | $325,000 |
Pending | MUL | 14 W Harrington Ave | Long Beach Township | $599,000 |
Pending | RES | 14 W Harrington Ave | Long Beach Township | $599,000 |
Pending | RES | 23 E 37th | Long Beach Township | $860,000 |
Pending | RES | 3 West Alabama | Long Beach Township | $950,000 |
Pending | RES | 403 Tidal Dr | Long Beach Township | $1,095,000 |
Pending | RES | 185 Nautilus | Long Beach Township | $1,149,000 |
Pending | RES | 66 Maiden Ln | Harvey Cedars | $1,200,000 |
Pending | RES | 415 2nd St | Beach Haven | $1,319,000 |
Pending | RES | 29 N 15th | Surf City | $1,449,000 |
Pending | RES | 4804 Bay Terrace | Long Beach Township | $1,450,000 |
Pending | RES | 102 E South 33rd St | Long Beach Township | $1,629,000 |
Pending | RES | 3 E 86th St | Harvey Cedars | $1,795,000 |
Pending | RES | 115 Holyoke Ave | Beach Haven | $2,000,000 |
Pending | RES | 218 E 17th | Long Beach Township | $2,995,000 |
Closed | RES | 1000 N Bay Ave #C7 | Beach Haven | $386,000 |
Closed | RES | 9 W Carolina #2 | Long Beach Township | $400,000 |
Closed | MUL | 17 W 45th | Long Beach Township | $535,000 |
Closed | RES | 11 Macevoy | Long Beach Township | $665,000 |
Closed | MUL | 1414 Beach | Long Beach Township | $665,000 |
Closed | RES | 321 Centre St | Beach Haven | $697,000 |
Closed | RES | 209 W 27th St | Ship Bottom | $735,000 |
Closed | RES | 112 32nd | Long Beach Township | $750,000 |
Closed | RES | 13 W 7 St | Barnegat Light | $785,000 |
Closed | RES | 34 Lighthouse Way | Long Beach Township | $2,445,000 |
Closed | RES | 4403 Ocean | Long Beach Township | $2,700,000 |
Temporary Off Market | RES | 5 E Delaware Ave | Long Beach Township | $695,000 |
Temporary Off Market | MUL | 19 West 19th St | Long Beach Township | $699,000 |
Withdrawn | RES | 10 W 17th St | Barnegat Light | $649,000 |
Withdrawn | MUL | 10 Marshall | Long Beach Township | $689,000 |
Withdrawn | RES | 10 Marshall Ave | Long Beach Township | $689,000 |
Withdrawn | RES | 17 W Washington | Long Beach Township | $699,900 |
Withdrawn | RES | 30 N 3rd St | Surf City | $799,000 |
Withdrawn | RES | 20 Buckingham Ave | Harvey Cedars | $865,000 |
Withdrawn | RES | 22 W New York/84th St. | Long Beach Township | $1,099,000 |
Withdrawn | RES | 1415 Beach | Long Beach Township | $1,749,999 |
Canceled | LAND | 24 W Winifred Ave | Long Beach Township | $549,000 |
Canceled | RES | 525 Amber St #B | Beach Haven | $625,000 |
Canceled | RES | 97-C Long Beach Blvd | Long Beach Township | $3,350,000 |
Expired | RESL | 129 E 4th St #REAR | Ship Bottom | $975 |
Expired | RESL | 129 E 4th St #FRONT | Ship Bottom | $975 |
Expired | RES | 1100 N Bay Ave #A1 | Beach Haven | $424,500 |
Expired | RES | 114 E 24th Street | Long Beach Township | $869,000 |
Expired | RES | 26 N 24th St | Surf City | $949,000 |
Expired | RES | 1701 Bay Terrace | Long Beach Township | $979,000 |
Expired | RES | 57 S 2nd St | Surf City | $999,000 |
Expired | RES | 136 C Long Beach Blvd | Long Beach Township | $1,395,000 |
Expired | RES | 2302 Bayview Ave | Barnegat Light | $1,499,000 |
Expired | RES | 104 E South 33rd St | Long Beach Township | $1,599,900 |
Expired | RES | 102 E South 33rd St | Long Beach Township | $1,629,000 |
Expired | LAND | 110 & 114 E 24th Street | Long Beach Township | $1,718,000 |
Expired | RES | 474 Schoderer Ln | Surf City | $1,950,000 |
Expired | RES | 213 N Ocean Ave | Surf City | $2,299,000 |
LBI New Jersey Real Estate Sales Analysis
While last week’s pending sales were much higher, 21 homes going under contract in a single week is still a significant amount of activity. Furthermore, the number of new listings increased this week. The addition of new listings is a big help given the lack of inventory for sale on Long Beach Island. While the world is still taking things one day at a time, for the moment the LBI real estate market is doing exceptionally well. 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 5/31/2020-6/7/2020 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:
Selling LBI Real Estate Virtually
Will We See LBI Real Estate Distressed Sales?