LBI Real Estate Weekly Sales Update 6/28/2020-7/5/2020

LBI Real Estate Weekly Sales Update 6/28/2020-7/5/2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 6/28/2020-7/5/2020

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 6/28/2020-7/5/2020: It was another very active week in the LBI real estate market. There were 129 changes to the sale market this week. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 26 new listings entered the market with an average price of $1,458,612
  • 29 listings went under contact with an average listing price of about $1,158,652
  • 28 properties sold on Long Beach Island with an average price of $1,123,304
  • 24 listings were either withdrawn of expired in the LBI real estate market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 6/28/2020-7/5/2020

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 TypeMLS #AddressCityCurrent Price
Coming SoonNJOC3998447-A E 69th StHarvey Cedars$1,999,000
New ActiveNJOC399636408-410 BroadwayBarnegat Light$595,000
New ActiveNJOC399706316 N 3rd StSurf City$599,000
New ActiveNJOC399670101 W 9th St #203Ship Bottom$615,000
New ActiveNJOC399674101 W 9th St #202Ship Bottom$619,000
New ActiveNJOC399676101 W 9th St #204Ship Bottom$625,000
New ActiveNJOC399710208 N Central AveSurf City$699,900
New ActiveNJOC39969611 E 21stLong Beach Township$710,000
New ActiveNJOC39952011 E 21st StLong Beach Township$710,000
New ActiveNJOC3997962501 Long Beach Blvd S #CLong Beach Township$715,000
New ActiveNJOC399672101 W 9th St #305Ship Bottom$739,000
New ActiveNJOC399668101 W 9th St #303Ship Bottom$739,000
New ActiveNJOC39948031 W Essex AveHarvey Cedars$849,000
New ActiveNJOC399804115 Norwood AveBeach Haven$1,075,000
New ActiveNJOC3996241 E Burlington AveHarvey Cedars$1,175,000
New ActiveNJOC39985457-D Sunset BlvdLong Beach Township$1,189,000
New ActiveNJOC3994203004 AtlanticLong Beach Township$1,395,000
New ActiveNJOC39975832 N 4th StSurf City$1,499,000
New ActiveNJOC399614435 N 4th StSurf City$1,789,000
New ActiveNJOC3996326 E 86th StHarvey Cedars$1,799,000
New ActiveNJOC39968639 Harbor LnLong Beach Township$1,995,000
New ActiveNJOC399802213 N Ocean AveSurf City$2,299,000
New ActiveNJOC3996906809 Kent PlHarvey Cedars$2,400,000
New ActiveNJOC3997841089-B Long Beach Blvd. #BLong Beach Township$2,899,999
New ActiveNJOC399684411 Nelson AveBeach Haven$3,995,000
New ActiveNJOC399754171-A Long BeachLong Beach Township$4,200,000
Back to ActiveNJOC39290817 E 76th St E #4Harvey Cedars$145,500
Back to ActiveNJOC3972968 W 14thLong Beach Township$525,000
Back to ActiveNJOC137696110 N Bay AveBeach Haven$599,000
Back to ActiveNJOC138012108 N Bay AveBeach Haven$799,999
Back to ActiveNJOC138136330 Coral StBeach Haven$874,000
Back to ActiveNJOC39318018 W Janet RoadLong Beach Township$999,000
Back to ActiveNJOC3988223400-A Long Beach #ALong Beach Township$1,035,000
Back to ActiveNJOC140406402 Central AveBarnegat Light$1,399,000
Back to ActiveNJOC141014110 N Bay AveBeach Haven$1,399,999
Price DecreaseNJOC391068316 Norwood AveBeach Haven$939,000
Price DecreaseNJOC39934657 S 2nd StSurf City$1,199,000
Price DecreaseNJOC399224105 E So. 32nd StLong Beach Township$1,499,000
Price DecreaseNJOC3945821 E VirginiaLong Beach Township$1,549,000
Price DecreaseNJOC396350155-D Long Beach Blvd.Long Beach Township$1,799,000
Price DecreaseNJOC3978046105 Long Beach BlvdHarvey Cedars$1,995,000
Price DecreaseNJOC3920982 E 70th StHarvey Cedars$2,049,000
Price DecreaseNJOC3957043 ArtsLong Beach Township$2,849,000
Active Under ContractNJOC3996105405 Long Beach BlvdHarvey Cedars$599,000
Active Under ContractNJOC399456339 W 6th StShip Bottom$749,000
Active Under ContractNJOC3981106112 Long Beach BlvdHarvey Cedars$765,000
Active Under ContractNJOC394722162-C Long Beach #CLong Beach Township$859,000
Active Under ContractNJOC399336116 9th StBeach Haven$889,000
Active Under ContractNJOC39949610 E 21stLong Beach Township$1,149,000
Active Under ContractNJOC3911161104 Central AveBarnegat Light$1,195,000
Active Under ContractNJOC391050519 N Ocean Ave.Surf City$2,349,000
PendingNJOC3973728102 Long Beach BlvdHarvey Cedars$499,000
PendingNJOC39710215 W Sailboat LaneLong Beach Township$649,000
PendingNJOC386982130 S West Ave #101Beach Haven$699,000
PendingNJOC3994763 W CaliforniaLong Beach Township$699,999
PendingNJOC398258317 W Fairview AvenueBeach Haven$749,000
PendingNJOC3958185 W Bergen AveHarvey Cedars$799,000
PendingNJOC3959461804 WaverlyLong Beach Township$819,000
PendingNJOC1380041046-C Long Beach BlvdLong Beach Township$849,000
PendingNJOC1380001046-C Long Beach BlvdLong Beach Township$849,000
PendingNJOC3944241001-A Long Beach BlvdLong Beach Township$849,000
PendingNJOC396886229 12th StBeach Haven$919,900
PendingNJOC3985662208 Central AveBarnegat Light$949,000
PendingNJOC3998101093-B Long Beach BoulevardLong Beach Township$975,000
PendingNJOC39939614 W 75th StreetHarvey Cedars$975,000
PendingNJOC3986286 E HobartLong Beach Township$999,000
PendingNJOC39166083 TebcoLong Beach Township$1,590,000
PendingNJOC39917216 E FloridaLong Beach Township$1,599,999
PendingNJOC3912046802 Kent PlHarvey Cedars$1,985,000
PendingNJOC393222118 Dolphin AveBeach Haven$2,399,000
PendingNJOC3974726301 Bayview AveLong Beach Township$2,595,000
PendingNJOC39782220 N 24th StSurf City$2,599,000
ClosedNJOC3976387700 Long Beach #BLong Beach Township$320,000
ClosedNJOC39840220 W 21st St #1Long Beach Township$400,500
ClosedNJOC39414244 Division Ave #BSurf City$456,000
ClosedNJOC39413844 Division Ave #ASurf City$456,000
ClosedNJOC3858469 Pearl St #1MBeach Haven$565,000
ClosedNJOC386554102 W 12th StShip Bottom$580,000
ClosedNJOC398388204 W 6th StShip Bottom$625,000
ClosedNJOC141438112 N 3rd StSurf City$633,000
ClosedNJOC142038245 W 21st StShip Bottom$680,000
ClosedNJOC398130201 8th StBeach Haven$700,000
ClosedNJOC395976322 W 18th StShip Bottom$752,500
ClosedNJOC392168319 S 2nd StreetSurf City$775,000
ClosedNJOC397202288 Division AveSurf City$799,000
ClosedNJOC39435897 E 27th StreetShip Bottom$810,000
ClosedNJOC39868039 WyomingLong Beach Township$912,500
ClosedNJOC3846881 Hideaway DrLong Beach Township$927,500
ClosedNJOC3969061078-E Long Beach Blvd #2Long Beach Township$1,050,000
ClosedNJOC396508403 Tidal DrLong Beach Township$1,075,000
ClosedNJOC3954506 Drexel AveSurf City$1,099,000
ClosedNJOC391284216 Holyoke AveBeach Haven$1,200,000
ClosedNJOC3873201104-I Long Beach BlvdLong Beach Township$1,325,000
ClosedNJOC39113829 N 15thSurf City$1,449,000
ClosedNJOC39039871 Cedars AveHarvey Cedars$1,500,000
ClosedNJOC392090474 Schoderer LnSurf City$1,750,000
ClosedNJOC39510884-B Bayview DriveLong Beach Township$2,300,000
ClosedNJOC370148410 Jefferies AveBeach Haven$2,400,000
ClosedNJOC395828218 E 17thLong Beach Township$2,862,500
ClosedNJOC398116121 E Kansas AveLong Beach Township$3,050,000
Temporary Off MarketNJOC392646280 N 15th StSurf City$599,000
CanceledNJOC398972114 W 25th StSurf City$749,900
CanceledNJOC399196113 E Jerome AveLong Beach Township$1,999,900
CanceledNJOC3885581089-B Long Beach #BLong Beach Township$2,999,000
CanceledNJOC399612411 Nelson AveBeach Haven$3,995,000
ExpiredNJOC398008808 E Bay Club LnBeach Haven$15,000
ExpiredNJOC1402781817 Central Ave #UPShip Bottom$459,000
ExpiredNJOC1402541817 Central Ave #DOWNShip Bottom$459,000
ExpiredNJOC1205781817 Central AveShip Bottom$459,000
ExpiredNJOC3930401 West 11th Street #2Barnegat Light$475,000
ExpiredNJOC141578101 W 9th St #203Ship Bottom$615,000
ExpiredNJOC141556101 W 9th St #202Ship Bottom$619,000
ExpiredNJOC141526101 W 9th St #204Ship Bottom$625,000
ExpiredNJOC39407210 W 17th StBarnegat Light$649,000
ExpiredNJOC141570101 W 9th St #305Ship Bottom$739,000
ExpiredNJOC141564101 W 9th St #303Ship Bottom$739,000
ExpiredNJOC395472615 S Bay AveBeach Haven$799,999
ExpiredNJOC393892615 S Bay AveBeach Haven$799,999
ExpiredNJOC39735644 Division AveSurf City$969,000
ExpiredNJOC1387365201 S Long Beach BlvdLong Beach Township$1,099,000
ExpiredNJOC1378602111 Sunset AveSurf City$1,149,000
ExpiredNJOC3939261905 Bayview AveBarnegat Light$1,195,000
ExpiredNJOC3913605 W 73rd StHarvey Cedars$1,368,000
ExpiredNJOC1377341101 S Bay AveBeach Haven$1,599,000
ExpiredNJOC39881815 N 7th StSurf City$1,599,000
ExpiredNJOC385514224 Liberty AveBeach Haven$1,699,000
ExpiredNJOC397922107 N Ocean AveSurf City$1,889,000
ExpiredNJOC39451648f Long Beach BlvdLong Beach Township$2,999,999
ExpiredNJOC38739448f Long Beach BlvdLong Beach Township$2,999,999

LBI New Jersey Real Estate Sales Analysis

This week’s activity showed an almost perfect balance. The number of new homes, pending sales, closings and expired/withdrawn listings were almost identical. This is a departure from what we have been seeing in the past few weeks with a disproportionate number of pending sales and not many new listings. It is worth mentioning that the pending sales were still VERY high this week compared to historical averages. 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 6/28/2020-7/5/2020 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

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:

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Fewer Showings in the LBI Real Estate Market

Why Listing Price Matters in the LBI Real Estate Market

Will We See LBI Real Estate Distressed Sales?