Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/13/2021-6/20/2021
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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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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- 4 listings were either withdrawn of expired in the LBI real estate market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
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 Type | MLS # | Address | City | Area | Current Price – Decimal |
Coming Soon | NJOC2000104 | 11 E 21st | Long Beach Township | LBI | $2,249,000 |
New Active | NJOC2000168 | 1810 Central Ave #17 | Ship Bottom | LBI | $365,000 |
New Active | NJOC410102 | 19 20th | Long Beach Township | LBI | $999,000 |
New Active | NJOC2000118 | 13516 Beach #B | Long Beach Township | LBI | $1,199,999 |
New Active | NJOC2000100 | 56 Bayview Dr | Long Beach Township | LBI | $1,295,000 |
New Active | NJOC2000214 | 58 Adrian Rd | Long Beach Township | LBI | $1,385,000 |
New Active | NJOC410594 | 120 E Ryerson Ln | Long Beach Township | LBI | $1,395,000 |
New Active | NJOC2000216 | 4 Labaia Ln | Long Beach Township | LBI | $1,399,999 |
New Active | NJOC2000074 | 102 Arnold | Long Beach Township | LBI | $1,500,000 |
New Active | NJOC2000190 | 33 Jaqueline | Long Beach Township | LBI | $1,500,000 |
New Active | NJOC410618 | 210 18th W | Ship Bottom | LBI | $1,850,000 |
New Active | NJOC2000180 | 122 Yarmouth | Long Beach Township | LBI | $1,950,000 |
New Active | NJOC409866 | 70 W California Ave | Long Beach Township | LBI | $2,699,000 |
New Active | NJOC410782 | 1035-A Long Beach #A | Long Beach Township | LBI | $3,199,999 |
New Active | NJOC410244 | 91-D Long Beach Blvd | Long Beach Township | LBI | $7,300,000 |
Price Decrease | NJOC409342 | 10 W Winifred #U1 | Long Beach Township | LBI | $450,000 |
Price Decrease | NJOC410462 | 5 38th #U2 | Long Beach Township | LBI | $799,900 |
Active Under Contract | NJOC410588 | 314 Centre St | Beach Haven | LBI | $849,000 |
Active Under Contract | NJOC410108 | 108 E 14th St | Ship Bottom | LBI | $949,000 |
Active Under Contract | NJOC137982 | 2002 Long Beach Blvd | Ship Bottom | LBI | $3,495,000 |
Active Under Contract | NJOC409986 | 5413 Ocean Blvd | Long Beach Township | LBI | $4,495,000 |
Pending | NJOC408462 | 1410 Atlantic #1ST FLOOR | Long Beach Township | LBI | $1,650 |
Pending | NJOC410070 | 2219 Central Ave #1 | Ship Bottom | LBI | $515,000 |
Pending | NJOC410688 | 701 Barnegat Ave | Ship Bottom | LBI | $815,000 |
Pending | NJOC410652 | 701 Barnegat Ave | Ship Bottom | LBI | $815,000 |
Pending | NJOC410508 | 1007 N Barnegat Ave | Surf City | LBI | $964,900 |
Pending | NJOC408926 | 15 Cleveland Ave. | Long Beach Township | LBI | $969,000 |
Pending | NJOC410328 | 20 Buckingham Ave | Harvey Cedars | LBI | $989,000 |
Pending | NJOC410012 | 313 N 10th St | Surf City | LBI | $1,050,000 |
Pending | NJOC410568 | -106 E 3rd St | Ship Bottom | LBI | $1,295,000 |
Pending | NJOC409090 | 11 W Goldsborough Ave | Long Beach Township | LBI | $1,299,000 |
Pending | NJOC409046 | 11 W Goldsborough Ave | Long Beach Township | LBI | $1,299,000 |
Pending | NJOC410546 | 214 Marine St | Beach Haven | LBI | $1,349,000 |
Pending | NJOC406382 | 4-C Long Beach Blvd #C | Long Beach Township | LBI | $1,495,000 |
Pending | NJOC407184 | 38 W 8th St | Barnegat Light | LBI | $1,499,000 |
Pending | NJOC409814 | 15 E Alabama Ave | Long Beach Township | LBI | $1,699,000 |
Pending | NJOC410422 | 11 E 23rd St | Barnegat Light | LBI | $1,699,000 |
Pending | NJOC409686 | 131-C Long Beach Blvd ##C | Long Beach Township | LBI | $2,495,000 |
Pending | NJOC410562 | 305 Althea | Long Beach Township | LBI | $2,599,000 |
Closed | NJOC408924 | 204 S Atlantic Ave #104 | Beach Haven | LBI | $425,000 |
Closed | NJOC409710 | 1410 Bayview Ave | Barnegat Light | LBI | $787,000 |
Closed | NJOC409036 | 115 W Pennsylvania Avenue | Long Beach Township | LBI | $820,000 |
Closed | NJOC409052 | 16 W Harrington Ave #A | Long Beach Township | LBI | $949,900 |
Closed | NJOC406718 | 386 N 4th St | Surf City | LBI | $950,000 |
Closed | NJOC409206 | 4 Buckingham Ave | Harvey Cedars | LBI | $960,000 |
Closed | NJOC409272 | 215 E 12th St | Beach Haven | LBI | $999,000 |
Closed | NJOC409332 | 103 E 31st St | Ship Bottom | LBI | $1,150,000 |
Closed | NJOC408218 | 1106 S Beach Ave | Beach Haven | LBI | $1,300,000 |
Closed | NJOC404660 | 25 Buckingham Ave | Harvey Cedars | LBI | $1,305,000 |
Closed | NJOC401398 | 13 W Harding | Long Beach Township | LBI | $1,419,000 |
Closed | NJOC408538 | 88 N Ohio Ave | Long Beach Township | LBI | $2,000,000 |
Closed | NJOC409664 | 2 E 3rd St | Beach Haven | LBI | $2,810,000 |
Closed | NJOC407334 | 191 Nautilus Dr | Long Beach Township | LBI | $3,525,000 |
Withdrawn | NJOC410644 | 214 Marine St | Beach Haven | LBI | $1,349,000 |
Expired | NJOC406550 | 109 N 3rd St | Surf City | LBI | $819,000 |
Expired | NJOC405842 | 8 W 85th | Long Beach Township | LBI | $1,499,000 |
Expired | NJOC408018 | 217 N 12th St | Surf City | LBI | $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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
More LBI Real Estate Information:
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Architectural Style in the LBI Real Estate Market
LBI Real Estate Market Sales and Months of Inventory May 2021