LBI Real Estate Weekly Sales Update 7/25/2021-8/1/2021

LBI Real Estate Weekly Sales Update 7/25/2021-8/1/2021

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/25/2021-8/1/2021

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 7/25/2021-8/1/2021: There were a total 72 changes to the Long Beach Island real estate market this week. ALmost a third of this activity was in the form of new listings. This is great news for buyers in the LBI real estate market! 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 23 new listings entered the market with an average price of $1,740,730
  • 17 listings went under contract with an average listing price of about $1,821,759
  • 13 properties sold on Long Beach Island with an average price of $1,235,269
  • 9 listings were either withdrawn of expired in the LBI real estate market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 7/25/2021-8/1/2021

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC2001612401 Broadway #24Barnegat LightLBI$425,000
Coming SoonNJOC20017425 W 9th StBarnegat LightLBI$875,000
Coming SoonNJOC2001622112 8th StBeach HavenLBI$1,795,000
Coming SoonNJOC2001624129 E South 34thLong Beach TownshipLBI$1,999,000
New ActiveNJOC20015228 W Sand Dune LnLong Beach TownshipLBI$899,000
New ActiveNJOC2001434102 W Roosevelt #C(3)Long Beach TownshipLBI$925,000
New ActiveNJOC20011486 AuburnLong Beach TownshipLBI$949,000
New ActiveNJOC2001692208 W 6th StShip BottomLBI$949,900
New ActiveNJOC2001044120 N Bay AveBeach HavenLBI$999,000
New ActiveNJOC20015201-Centre Centre StBeach HavenLBI$1,099,000
New ActiveNJOC2001628510 N Bay Ave #309Beach HavenLBI$1,125,000
New ActiveNJOC200151815 E 33rdLong Beach TownshipLBI$1,199,000
New ActiveNJOC2001650115 28th St #UNIT BLong Beach TownshipLBI$1,200,000
New ActiveNJOC20014907 W MacevoyLong Beach TownshipLBI$1,225,000
New ActiveNJOC2001584245 W 19th St WShip BottomLBI$1,529,000
New ActiveNJOC20015162500 AtlanticLong Beach TownshipLBI$1,899,000
New ActiveNJOC200155816 E 31stLong Beach TownshipLBI$2,010,000
New ActiveNJOC20013203 38th St ELong Beach TownshipLBI$2,095,000
New ActiveNJOC200138813510 Atlantic AveLong Beach TownshipLBI$2,195,000
New ActiveNJOC200173215 14thBeach HavenLBI$2,699,999
New ActiveNJOC20016381098-I Long Beach BlvdLong Beach TownshipLBI$3,345,000
New ActiveNJOC2001600110 E Hobart AveLong Beach TownshipLBI$3,599,900
New ActiveNJOC20015021 And 2 7th And 8th StBeach HavenLBI$4,999,999
Back to ActiveNJOC409770514-A Engleside Ave #ABeach HavenLBI$489,900
Back to ActiveNJOC409798333 W 6th StShip BottomLBI$989,000
Back to ActiveNJOC2000732120 Taylor AveBeach HavenLBI$1,499,900
Back to ActiveNJOC41041623-25 38th St ELong Beach TownshipLBI$3,295,000
Price DecreaseNJOC200086422 Mea LnLong Beach TownshipLBI$839,000
Price DecreaseNJOC200019033 W JacquelineLong Beach TownshipLBI$1,250,000
Price DecreaseNJOC4093643 E 78th StHarvey CedarsLBI$1,849,000
Price IncreaseNJOC4089761700 Long Beach BoulevardSurf CityLBI$120,000
Price IncreaseNJOC4088361700 Long Beach BoulevardSurf CityLBI$120,000
Price IncreaseNJOC403662108 N Bay AveBeach HavenLBI$899,000
Active Under ContractNJOC20001681810 Central Ave #17Ship BottomLBI$365,000
Active Under ContractNJOC410230708 BroadwayBarnegat LightLBI$995,000
Active Under ContractNJOC20004106 Adrian RdLong Beach TownshipLBI$999,999
Active Under ContractNJOC4103003 E 16thLong Beach TownshipLBI$1,249,900
Active Under ContractNJOC200042657 Adrian RoadLong Beach TownshipLBI$1,350,000
Active Under ContractNJOC200042457 Adrian RdLong Beach TownshipLBI$1,350,000
Active Under ContractNJOC200077213 E 47th StLong Beach TownshipLBI$1,399,000
Active Under ContractNJOC2001020325 Dolphin AveBeach HavenLBI$1,850,000
Active Under ContractNJOC2000592504 Shore AveShip BottomLBI$1,895,000
Active Under ContractNJOC20004121126-E Long Beach BlvdLong Beach TownshipLBI$4,995,000
PendingNJOC41010219 20thLong Beach TownshipLBI$999,000
PendingNJOC200140046 AlbrightBarnegat LightLBI$1,149,000
PendingNJOC200021458 Adrian RdLong Beach TownshipLBI$1,385,000
PendingNJOC2000944815 N Atlantic AveBeach HavenLBI$2,199,000
PendingNJOC20009466800 Kent PlHarvey CedarsLBI$2,299,000
PendingNJOC20004843301 S Long Beach BlvdLong Beach TownshipLBI$3,195,000
PendingNJOC200067624 Warwick AveHarvey CedarsLBI$3,295,000
ClosedNJOC4079322708 Long Beach Blvd #5Ship BottomLBI$330,000
ClosedNJOC4077541511 Long Beach BlvdLong Beach TownshipLBI$550,000
ClosedNJOC407782101 W 9th W #202Ship BottomLBI$720,000
ClosedNJOC4068402302 Central AveShip BottomLBI$800,000
ClosedNJOC4087026305a Long Beach Blvd #AHarvey CedarsLBI$997,500
ClosedNJOC410012313 N 10th StSurf CityLBI$998,000
ClosedNJOC41016810 E California AveLong Beach TownshipLBI$999,000
ClosedNJOC4087326507 Harvest AveHarvey CedarsLBI$1,025,000
ClosedNJOC410546214 Marine StBeach HavenLBI$1,250,000
ClosedNJOC4080845 E 12th StBarnegat LightLBI$1,299,000
ClosedNJOC200010411 E 21stLong Beach TownshipLBI$2,175,000
ClosedNJOC40252832 11th StreetSurf CityLBI$2,275,000
ClosedNJOC4094744405 S Long Beach BlvdLong Beach TownshipLBI$2,640,000
WithdrawnNJOC402824240 W 9th StShip BottomLBI$550,000
WithdrawnNJOC410618210 18th WShip BottomLBI$1,850,000
WithdrawnNJOC409682135-A Long Beach BlvdLong Beach TownshipLBI$2,495,000
CanceledNJOC407654105 W 25th StShip BottomLBI$499,000
ExpiredNJOC4045746115 Bayview AveLong Beach TownshipLBI$1,350,000
ExpiredNJOC4068441608 BeachLong Beach TownshipLBI$1,395,000
ExpiredNJOC4068281608 BeachLong Beach TownshipLBI$1,395,000
ExpiredNJOC40871627 W OhioBeach HavenLBI$2,950,000
ExpiredNJOC408758110 E Hobart AveLong Beach TownshipLBI$3,600,000

LBI New Jersey Real Estate Sales Analysis

The increase in inventory is largely expected for this time of year. Fall is always a busy time for new homes to come on the market and the middle of summer is a less than ideal time to buy a home. This leads to a natural increase in the availability of homes for sale on Long Beach Island. It will be interesting to see if this trend accelerates into the fall. If a significant number of homes come on the market, that could start to impact prices. Likewise, the increase in COVID cases could lead to another surge in buying on LBI that could eliminate the gains in the inventory. Time will tell! 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 7/25/2021-8/1/2021 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

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