Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/14/2020-6/21/2020
LBI Real Estate Weekly Sales Update 6/14/2020-6/21/2020 
LBI Real Estate Weekly Sales Update 6/14/2020-6/21/2020 
LBI Real Estate Weekly Sales Update 6/14/2020-6/21/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 6/14/2020-6/21/2020: Activity in the LBI real estate market picked up this week with 100 changes being made to the MLS. As buyers and sellers continue to react to the impact of a very busy sale market, understanding the current trends are more important than ever. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,581,300
- 32 listings went under contact with an average listing price of about $1,158,581
- 19 properties sold on Long Beach Island with an average price of $1,030,447
- 22 listings were either withdrawn of expired in the LBI real estate market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 6/14/2020-6/21/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | 9 Amherst | Long Beach Township | $719,000 |
| New Active | MUL | 1606 N Long Beach Blvd | Surf City | $689,900 |
| New Active | RES | 249 W 16th St | Ship Bottom | $725,000 |
| New Active | RES | 100 S West Ave #4 | Beach Haven | $1,100,000 |
| New Active | COM | 1419 Long Beach Blvd | Surf City | $1,199,000 |
| New Active | RES | 4205 S Long Beach Blvd | Long Beach Township | $1,349,900 |
| New Active | RES | 515 S Bay Ave | Beach Haven | $1,399,900 |
| New Active | RES | 105 E So. 32nd St | Long Beach Township | $1,599,000 |
| New Active | RES | 16 E Florida | Long Beach Township | $1,599,999 |
| New Active | RES | 113 E Jerome Ave | Long Beach Township | $1,999,900 |
| New Active | RES | 240 Oceana Dr | Long Beach Township | $2,195,000 |
| New Active | RES | 84-A Bayview Ave | Long Beach Township | $4,399,000 |
| Back to Active | MUL | 30 N 3rd St | Surf City | $799,000 |
| Back to Active | RES | 3 Arts | Long Beach Township | $2,895,000 |
| Price Decrease | RES | 20 Amber St #A4 | Beach Haven | $539,000 |
| Price Decrease | RES | 365 W 8th St #3 | Ship Bottom | $599,999 |
| Price Decrease | MUL | 19 West 19th St | Long Beach Township | $695,000 |
| Price Decrease | RES | 1815 Bay Ter | Ship Bottom | $720,000 |
| Price Decrease | MUL | 3 Lange Ave | Harvey Cedars | $749,999 |
| Price Decrease | RES | 3 Lange Ave | Harvey Cedars | $749,999 |
| Price Decrease | RES | 6112 Long Beach Blvd | Harvey Cedars | $765,000 |
| Price Decrease | RES | 3602 S Long Beach Blvd #U1 | Long Beach Township | $865,000 |
| Price Decrease | RES | 4700a Bay Ter | Long Beach Township | $1,699,000 |
| Price Decrease | RES | 1109-B Long Beach Blvd | Long Beach Township | $3,950,000 |
| Price Decrease | RES | 4 & 6 E 5th St | Barnegat Light | $4,900,000 |
| Price Increase | RES | 204 2nd St | Beach Haven | $1,250,000 |
| Price Increase | RES | 48f Long Beach Blvd | Long Beach Township | $2,999,999 |
| Active Under Contract | RES | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
| Active Under Contract | RES | 27 N 7th St | Surf City | $699,000 |
| Active Under Contract | RES | 8 W 51st | Long Beach Township | $719,000 |
| Active Under Contract | RES | 1907 S Bay Ave #A | Beach Haven | $879,000 |
| Active Under Contract | RES | 1907 S Bay Ave #A | Beach Haven | $879,000 |
| Active Under Contract | RES | 1907 S Bay Ave #B | Beach Haven | $879,000 |
| Active Under Contract | MUL | 228 W 27th St | Ship Bottom | $899,000 |
| Active Under Contract | RES | 228 W 27th St | Ship Bottom | $899,000 |
| Active Under Contract | RES | 39 Wyoming | Long Beach Township | $949,000 |
| Active Under Contract | RES | 6309-D Long Beach Blvd #D | Harvey Cedars | $1,299,000 |
| Active Under Contract | RES | 1104-I Long Beach Blvd | Long Beach Township | $1,398,000 |
| Active Under Contract | RES | 19 Cedar Dr | Long Beach Township | $1,625,000 |
| Active Under Contract | RES | 1071-C Long Beach Blvd. | Long Beach Township | $3,500,000 |
| Pending | RES | 17 E 76th St #5 | Harvey Cedars | $140,000 |
| Pending | LAND | 245 W 5th St | Ship Bottom | $519,900 |
| Pending | RES | 5508 Bayview Ave | Long Beach Township | $649,000 |
| Pending | RES | 9 Pearl St #1M | Beach Haven | $669,000 |
| Pending | RES | 23 E Surf | Long Beach Township | $750,000 |
| Pending | RES | 322 W 18th St | Ship Bottom | $774,900 |
| Pending | RES | 504 Central Ave | Barnegat Light | $799,900 |
| Pending | RES | 5 Antioch Road | Long Beach Township | $815,000 |
| Pending | MUL | 6 E Mercer Ave | Harvey Cedars | $929,900 |
| Pending | RES | 7 W Selfridge Ave | Long Beach Township | $1,019,000 |
| Pending | RES | 6 Drexel Ave | Surf City | $1,099,000 |
| Pending | RES | 191 Nautilus Dr | Long Beach Township | $1,149,000 |
| Pending | RES | 19 W Harding Ave | Long Beach Township | $1,295,000 |
| Pending | RES | 10 W Judith Ave | Long Beach Township | $1,449,000 |
| Pending | RES | 116 E Jerome Ave | Long Beach Township | $1,499,999 |
| Pending | RES | 221 Oceana Dr | Long Beach Township | $1,749,000 |
| Pending | RES | 62 Bayview Dr | Long Beach Township | $1,750,000 |
| Pending | RES | 8308 Bay Ter | Harvey Cedars | $2,395,000 |
| Pending | RES | 215 E 14th St | Long Beach Township | $2,499,000 |
| Closed | RES | 17 E 76th St E #9 | Harvey Cedars | $140,000 |
| Closed | RES | 310 S West Ave #3G | Beach Haven | $345,000 |
| Closed | RES | 25 W 9th St | Barnegat Light | $590,000 |
| Closed | RES | 286 N 14th St | Surf City | $750,000 |
| Closed | RES | 57 Bayview Dr | Long Beach Township | $895,000 |
| Closed | RES | 100 E Muriel | Long Beach Township | $937,500 |
| Closed | RES | 325 Belvoir Ave | Beach Haven | $999,999 |
| Closed | RES | 16 W Harmony Ave | Long Beach Township | $1,045,000 |
| Closed | RES | 16 E S 31st | Long Beach Township | $1,050,000 |
| Closed | RES | 6 Hideaway Dr | Long Beach Township | $1,075,000 |
| Closed | RES | 115 E 20th | Long Beach Township | $1,100,000 |
| Closed | RES | 105 E 16th St #A | Ship Bottom | $1,125,000 |
| Closed | RES | 1106 N Barnegat Ave | Surf City | $1,150,000 |
| Closed | RES | 463 Schoderer Ln | Surf City | $1,200,000 |
| Closed | RES | 3 Buckingham Ave | Harvey Cedars | $1,205,000 |
| Closed | MUL | 140 E 17th St | Ship Bottom | $1,425,000 |
| Closed | RES | 12 Pershing | Long Beach Township | $1,466,000 |
| Closed | RES | 16 E Texas | Long Beach Township | $1,500,000 |
| Closed | RES | 102 E South 33rd St | Long Beach Township | $1,580,000 |
| Temporary Off Market | RES | 280 N 15th St | Surf City | $599,000 |
| Temporary Off Market | RES | 3400-A Long Beach #A | Long Beach Township | $1,035,000 |
| Withdrawn | LAND | 102 Roosevelt Ave #BS36 | Long Beach Township | $30,000 |
| Withdrawn | RES | 328 Norwood Ave | Beach Haven | $1,295,000 |
| Withdrawn | RES | 224 Liberty Ave | Beach Haven | $1,699,000 |
| Canceled | RESL | 810 West Ave | Beach Haven | $9,800 |
| Canceled | LAND | 102 Rooservelt Ave W #10 | Long Beach Township | $32,500 |
| Canceled | RES | 5010 Ocean Blvd | Long Beach Township | $1,195,000 |
| Canceled | RES | 140 E 17th St | Ship Bottom | $1,500,000 |
| Expired | COM | 2103 Long Beach Blvd #1 | Surf City | $450,000 |
| Expired | LAND | 1405 Long Beach Blvd | Long Beach Township | $499,000 |
| Expired | RES | 30 N 3rd St | Surf City | $799,000 |
| Expired | COM | 1419 Long Beach Blvd | Surf City | $1,249,000 |
| Expired | LAND | 226 4th Street | Beach Haven | $1,299,000 |
| Expired | COMB | 305 N Bay Ave | Beach Haven | $1,299,000 |
| Expired | RES | 3 E 69th St | Harvey Cedars | $1,695,000 |
| Expired | COM | 2107 Long Beach Blvd | Surf City | $1,950,000 |
| Expired | RES | 215 E 14th St | Long Beach Township | $2,550,000 |
| Expired | MUL | 215 E 14th St | Long Beach Township | $2,950,000 |
| Expired | MUL | 215 E 14th St | Long Beach Township | $2,950,000 |
| Expired | RES | 215 E 14th St | Long Beach Township | $2,950,000 |
| Expired | RES | 3709 Ocean Blvd | Long Beach Township | $3,299,000 |
LBI New Jersey Real Estate Sales Analysis
Inventory is by far the most significant challenge the LBI real estate market faces at the moment. 41 homes left the market last week by either being withdrawn, expired or going under contract. By contract, only 12 new listings came on the market. To be fair, this is not historically a strong listing season on Long Beach Island, but with buyer activity soaring and inventory at a low point, it is clear that we are in a seller’s market. 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 6/14/2020-6/21/2020 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
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Advantages of Pre-Owned Homes in the LBI Real Estate Market