LBI Real Estate Weekly Sales Update 6/13/2021-6/20/2021

LBI Real Estate Weekly Sales Update 6/13/2021-6/20/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/13/2021-6/20/2021

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

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 6/13/2021-6/20/2021: There were a total 57 changes to the Long Beach Island real estate market this week. This is lower than what we have been seeing over the past year, but it seems to be the new normal for weekly activity. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 15 new listings entered the market with an average price of $2,019,133-Much higher than normal!
  • 22 listings went under contract with an average listing price of about $1,483,434
  • 14 properties sold on Long Beach Island with an average price of $1,385,707
  • 4 listings were either withdrawn of expired in the LBI real estate market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

www.BuyLBI.com

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


LBI Real Estate Weekly Sales Update 6/13/2021-6/20/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 TypeMLS #AddressCityAreaCurrent Price – Decimal
Coming SoonNJOC200010411 E 21stLong Beach TownshipLBI$2,249,000
New ActiveNJOC20001681810 Central Ave #17Ship BottomLBI$365,000
New ActiveNJOC41010219 20thLong Beach TownshipLBI$999,000
New ActiveNJOC200011813516 Beach #BLong Beach TownshipLBI$1,199,999
New ActiveNJOC200010056 Bayview DrLong Beach TownshipLBI$1,295,000
New ActiveNJOC200021458 Adrian RdLong Beach TownshipLBI$1,385,000
New ActiveNJOC410594120 E Ryerson LnLong Beach TownshipLBI$1,395,000
New ActiveNJOC20002164 Labaia LnLong Beach TownshipLBI$1,399,999
New ActiveNJOC2000074102 ArnoldLong Beach TownshipLBI$1,500,000
New ActiveNJOC200019033 JaquelineLong Beach TownshipLBI$1,500,000
New ActiveNJOC410618210 18th WShip BottomLBI$1,850,000
New ActiveNJOC2000180122 YarmouthLong Beach TownshipLBI$1,950,000
New ActiveNJOC40986670 W California AveLong Beach TownshipLBI$2,699,000
New ActiveNJOC4107821035-A Long Beach #ALong Beach TownshipLBI$3,199,999
New ActiveNJOC41024491-D Long Beach BlvdLong Beach TownshipLBI$7,300,000
Price DecreaseNJOC40934210 W Winifred #U1Long Beach TownshipLBI$450,000
Price DecreaseNJOC4104625 38th #U2Long Beach TownshipLBI$799,900
Active Under ContractNJOC410588314 Centre StBeach HavenLBI$849,000
Active Under ContractNJOC410108108 E 14th StShip BottomLBI$949,000
Active Under ContractNJOC1379822002 Long Beach BlvdShip BottomLBI$3,495,000
Active Under ContractNJOC4099865413 Ocean BlvdLong Beach TownshipLBI$4,495,000
PendingNJOC4084621410 Atlantic #1ST FLOORLong Beach TownshipLBI$1,650
PendingNJOC4100702219 Central Ave #1Ship BottomLBI$515,000
PendingNJOC410688701 Barnegat AveShip BottomLBI$815,000
PendingNJOC410652701 Barnegat AveShip BottomLBI$815,000
PendingNJOC4105081007 N Barnegat AveSurf CityLBI$964,900
PendingNJOC40892615 Cleveland Ave.Long Beach TownshipLBI$969,000
PendingNJOC41032820 Buckingham AveHarvey CedarsLBI$989,000
PendingNJOC410012313 N 10th StSurf CityLBI$1,050,000
PendingNJOC410568-106 E 3rd StShip BottomLBI$1,295,000
PendingNJOC40909011 W Goldsborough AveLong Beach TownshipLBI$1,299,000
PendingNJOC40904611 W Goldsborough AveLong Beach TownshipLBI$1,299,000
PendingNJOC410546214 Marine StBeach HavenLBI$1,349,000
PendingNJOC4063824-C Long Beach Blvd #CLong Beach TownshipLBI$1,495,000
PendingNJOC40718438 W 8th StBarnegat LightLBI$1,499,000
PendingNJOC40981415 E Alabama AveLong Beach TownshipLBI$1,699,000
PendingNJOC41042211 E 23rd StBarnegat LightLBI$1,699,000
PendingNJOC409686131-C Long Beach Blvd ##CLong Beach TownshipLBI$2,495,000
PendingNJOC410562305 AltheaLong Beach TownshipLBI$2,599,000
ClosedNJOC408924204 S Atlantic Ave #104Beach HavenLBI$425,000
ClosedNJOC4097101410 Bayview AveBarnegat LightLBI$787,000
ClosedNJOC409036115 W Pennsylvania AvenueLong Beach TownshipLBI$820,000
ClosedNJOC40905216 W Harrington Ave #ALong Beach TownshipLBI$949,900
ClosedNJOC406718386 N 4th StSurf CityLBI$950,000
ClosedNJOC4092064 Buckingham AveHarvey CedarsLBI$960,000
ClosedNJOC409272215 E 12th StBeach HavenLBI$999,000
ClosedNJOC409332103 E 31st StShip BottomLBI$1,150,000
ClosedNJOC4082181106 S Beach AveBeach HavenLBI$1,300,000
ClosedNJOC40466025 Buckingham AveHarvey CedarsLBI$1,305,000
ClosedNJOC40139813 W HardingLong Beach TownshipLBI$1,419,000
ClosedNJOC40853888 N Ohio AveLong Beach TownshipLBI$2,000,000
ClosedNJOC4096642 E 3rd StBeach HavenLBI$2,810,000
ClosedNJOC407334191 Nautilus DrLong Beach TownshipLBI$3,525,000
WithdrawnNJOC410644214 Marine StBeach HavenLBI$1,349,000
ExpiredNJOC406550109 N 3rd StSurf CityLBI$819,000
ExpiredNJOC4058428 W 85thLong Beach TownshipLBI$1,499,000
ExpiredNJOC408018217 N 12th StSurf CityLBI$1,699,900

LBI New Jersey Real Estate Sales Analysis

This week saw more pending sales than new listings entering the market. This reverses the trend we have been seeing over the past few weeks and it, therefore, makes the market more competitive for buyers. The average price of a new lsiting was much higher this week but much of that had to do with a $7,300,000 oceanfront home coming up for sale. While these sales are no longer an anomaly, they can still skew averages. Without this listing, the average price of new listing is about $1,600,000 which is more in line with the current trend of the LBI real estate market. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 6/13/2021-6/20/2021 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

www.BuyLBI.com

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

More LBI Real Estate Information:

The LBI Real Estate Market is Competitive, but Not Impossible

Architectural Style in the LBI Real Estate Market

LBI Real Estate Market Sales and Months of Inventory May 2021