Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/26/2020-8/2/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 7/26/2020-8/2/2020: We are now half way though Summer on LBI and while things have been pretty normal here, the LBI real estate market has been anything but normal. Activity continues to soar with 127 changes to the MLS this week alone and the impacts of COVID are apparent in buying behavior. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 27 new listings entered the market with an average price of $1,398,511
- 43 listings went under contact with an average listing price of about $1,319,019
- 21 properties sold on Long Beach Island with an average price of $1,108,450
- 13 listings were either withdrawn of expired in the LBI real estate market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 7/26/2020-8/2/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | MLS # | Address | City | Current Price – Decimal |
Coming Soon | NJOC400668 | 216 S Bay Ave | Beach Haven | $749,000 |
Coming Soon | NJOC400482 | 23 Cedars Ave | Harvey Cedars | $1,590,000 |
Coming Soon | NJOC400880 | 108 Lavenia Ave | Long Beach Township | $2,450,000 |
New Active | NJOC400682 | 7903 Long Beach Blvd #B | Long Beach Township | $339,900 |
New Active | NJOC400904 | 1418 N Long Beach Blvd | Surf City | $489,000 |
New Active | NJOC400948 | 108 Division Ave | Surf City | $569,000 |
New Active | NJOC400900 | 262 14th St N | Surf City | $639,000 |
New Active | NJOC400858 | 203 W 22nd St | Ship Bottom | $699,000 |
New Active | NJOC400892 | 107 W Delaware Ave | Long Beach Township | $750,000 |
New Active | NJOC400884 | 107 W Delaware Ave | Long Beach Township | $750,000 |
New Active | NJOC400958 | 15 Hodgson Lane | Long Beach Township | $765,000 |
New Active | NJOC400808 | 7 Coughlan Ave. | Long Beach Township | $849,900 |
New Active | NJOC400794 | 29 Amherst | Long Beach Township | $899,000 |
New Active | NJOC400780 | 310 Coral St | Beach Haven | $899,000 |
New Active | NJOC400772 | 18 42nd | Long Beach Township | $1,250,000 |
New Active | NJOC400888 | 2514 Central Ave | Ship Bottom | $1,295,000 |
New Active | NJOC400782 | 1108e Long Beach Blvd | Long Beach Township | $1,350,000 |
New Active | NJOC400750 | 34 Adrian | Long Beach Township | $1,495,000 |
New Active | NJOC401016 | 104 E Sailboat | Long Beach Township | $1,499,999 |
New Active | NJOC400774 | 36 N 12th St | Surf City | $1,500,000 |
New Active | NJOC400720 | 121 E Sand Dune | Long Beach Township | $1,595,000 |
New Active | NJOC400976 | 315 Chatsworth Ave #EEE | Beach Haven | $1,790,000 |
New Active | NJOC400998 | 109 Centre St | Beach Haven | $1,899,000 |
New Active | NJOC399990 | 112 E Wyoming Ave. | Long Beach Township | $2,299,000 |
New Active | NJOC400832 | 3701 Long Beach Blvd S | Long Beach Township | $2,700,000 |
New Active | NJOC400024 | 12603 Ocean Ave. | Long Beach Township | $3,150,000 |
New Active | NJOC400956 | 13 E Bergen Ave | Harvey Cedars | $3,499,000 |
Back to Active | NJOC400860 | 226 W 14th St St W | Ship Bottom | $499,000 |
Back to Active | NJOC398584 | 15 E 14th St | Long Beach Township | $875,000 |
Back to Active | NJOC394792 | 1710 E Blvd | Ship Bottom | $999,000 |
Back to Active | NJOC400908 | 126 Laguna | Long Beach Township | $999,000 |
Back to Active | NJOC400882 | 6 Rosemma | Long Beach Township | $999,000 |
Back to Active | NJOC395208 | 11 Buckingham Ave | Harvey Cedars | $1,795,000 |
Price Decrease | NJOC399676 | 101 W 9th St #204 | Ship Bottom | $599,999 |
Price Decrease | NJOC399670 | 101 W 9th St #203 | Ship Bottom | $599,999 |
Price Decrease | NJOC399674 | 101 W 9th St #202 | Ship Bottom | $609,000 |
Price Decrease | NJOC399672 | 101 W 9th St #305 | Ship Bottom | $719,000 |
Price Decrease | NJOC399668 | 101 W 9th St #303 | Ship Bottom | $729,000 |
Price Decrease | NJOC399910 | 2 W Bayberry | Long Beach Township | $729,000 |
Price Decrease | NJOC400244 | 101 E Connecticut Ave | Long Beach Township | $825,000 |
Price Decrease | NJOC400266 | 19 E Weldon Pl | Long Beach Township | $899,000 |
Price Decrease | NJOC396760 | 358 N 6th St | Surf City | $970,000 |
Price Decrease | NJOC400270 | 100 W South 33rd St | Long Beach Township | $1,200,000 |
Price Decrease | NJOC395580 | 117 Mariners | Long Beach Township | $1,425,000 |
Price Decrease | NJOC400532 | 117 Mariner | Long Beach Township | $1,425,000 |
Price Decrease | NJOC395042 | 117 Mariner Ln | Long Beach Township | $1,425,000 |
Price Increase | NJOC394510 | 401 N Bay Ave | Beach Haven | $1,545,000 |
Price Increase | NJOC398514 | 517 Shore Ave | Ship Bottom | $2,599,000 |
Price Increase | NJOC395376 | 87 Bayview Ave | Long Beach Township | $3,649,000 |
Active Under Contract | NJOC399424 | 16 Harrington Ave #EAST | Long Beach Township | $1,200 |
Active Under Contract | NJOC400396 | 30 N 3rd St | Surf City | $799,900 |
Active Under Contract | NJOC395154 | 2111 Sunset Ave | Surf City | $1,020,000 |
Active Under Contract | NJOC393090 | 13-A Long Beach Blvd | Long Beach Township | $1,149,000 |
Active Under Contract | NJOC400634 | 122 E 32nd | Long Beach Township | $1,349,000 |
Active Under Contract | NJOC392138 | 1005 Barnegat Ave | Ship Bottom | $1,430,000 |
Active Under Contract | NJOC396994 | 2803 Long Beach | Long Beach Township | $1,599,000 |
Active Under Contract | NJOC399924 | 38 N 13th St | Surf City | $1,629,000 |
Active Under Contract | NJOC395228 | 123 Mariners | Long Beach Township | $1,950,000 |
Pending | NJOC138054 | 401 Broadway #7 | Barnegat Light | $309,900 |
Pending | NJOC394546 | 534 Centre St | Beach Haven | $359,000 |
Pending | NJOC399696 | 11 E 21st | Long Beach Township | $699,000 |
Pending | NJOC399520 | 11 E 21st St | Long Beach Township | $699,000 |
Pending | NJOC137634 | 1010-E Long Beach Blvd | Long Beach Township | $770,000 |
Pending | NJOC400618 | 272 N 10th St | Surf City | $799,000 |
Pending | NJOC394562 | 1902 Bayview Ave | Barnegat Light | $799,000 |
Pending | NJOC397184 | 510 N Bay Ave #2-10 | Beach Haven | $819,000 |
Pending | NJOC139306 | 115 W Osborn Ave | Long Beach Township | $835,000 |
Pending | NJOC397470 | 2517 Long Beach Blvd S #2 | Long Beach Township | $839,900 |
Pending | NJOC400508 | 1020-E Long Beach #E | Long Beach Township | $889,900 |
Pending | NJOC395660 | 228 W 27th St | Ship Bottom | $899,000 |
Pending | NJOC395628 | 228 W 27th St | Ship Bottom | $899,000 |
Pending | NJOC399374 | 2517 Long Beach Blvd S #3 | Long Beach Township | $899,000 |
Pending | NJOC400724 | 2 E Goldsborough | Long Beach Township | $975,000 |
Pending | NJOC398780 | 1701 Bay Terrace | Long Beach Township | $979,000 |
Pending | NJOC395166 | 6 Camden Ave | Harvey Cedars | $1,020,000 |
Pending | NJOC396946 | 46 Arnold | Long Beach Township | $1,149,000 |
Pending | NJOC400242 | 111 E Connecticut Ave | Long Beach Township | $1,250,000 |
Pending | NJOC137966 | 8 Pershing Ave | Long Beach Township | $1,260,000 |
Pending | NJOC394258 | 273 N 7th St | Surf City | $1,279,000 |
Pending | NJOC399448 | 231 W 16th St | Ship Bottom | $1,299,000 |
Pending | NJOC400386 | 20 Beacon Dr | Long Beach Township | $1,499,000 |
Pending | NJOC391930 | 302 W 10th St | Ship Bottom | $1,500,000 |
Pending | NJOC395812 | 707 N Ocean Ave | Surf City | $1,540,000 |
Pending | NJOC394582 | 1 E Virginia | Long Beach Township | $1,549,000 |
Pending | NJOC399972 | 6805 Kent Pl | Harvey Cedars | $1,695,000 |
Pending | NJOC393146 | 106 Lillie | Long Beach Township | $1,695,000 |
Pending | NJOC398746 | 34 Thomas Ave | Harvey Cedars | $2,195,000 |
Pending | NJOC399408 | 101 Rose Ct | Long Beach Township | $2,299,000 |
Pending | NJOC391050 | 519 N Ocean Ave. | Surf City | $2,349,000 |
Pending | NJOC398202 | 11 E Middlesex Ave | Harvey Cedars | $2,495,000 |
Pending | NJOC138024 | 1109 Ocean Ave | Surf City | $3,599,000 |
Pending | NJOC395366 | 150-H Long Beach | Long Beach Township | $3,649,000 |
Closed | NJOC391306 | 6 E Indiana Ave #4 | Long Beach Township | $195,000 |
Closed | NJOC392888 | 7 W Delaware Ave | Beach Haven | $535,000 |
Closed | NJOC398898 | 14 W Harrington Ave | Long Beach Township | $580,000 |
Closed | NJOC377854 | 1078 Long Beach Blvd #B | Long Beach Township | $640,000 |
Closed | NJOC394434 | 8702 Beach Ave | Long Beach Township | $690,000 |
Closed | NJOC397244 | 403 8th St | Beach Haven | $735,000 |
Closed | NJOC397556 | 114 S 1st St | Surf City | $754,450 |
Closed | NJOC398110 | 6112 Long Beach Blvd | Harvey Cedars | $765,000 |
Closed | NJOC394424 | 1001-A Long Beach Blvd | Long Beach Township | $849,000 |
Closed | NJOC398806 | 125 E 29th | Long Beach Township | $874,000 |
Closed | NJOC393180 | 18 W Janet Road | Long Beach Township | $970,000 |
Closed | NJOC399396 | 14 W 75th Street | Harvey Cedars | $975,000 |
Closed | NJOC397022 | 12704 Long Beach | Long Beach Township | $999,999 |
Closed | NJOC140000 | 34 Antioch Rd | Long Beach Township | $1,100,000 |
Closed | NJOC399246 | 191 Nautilus Dr | Long Beach Township | $1,100,000 |
Closed | NJOC394630 | 10 W Judith Ave | Long Beach Township | $1,375,000 |
Closed | NJOC399758 | 32 N 4th St | Surf City | $1,450,000 |
Closed | NJOC399172 | 16 E Florida | Long Beach Township | $1,615,000 |
Closed | NJOC394508 | 8 E Ohio | Long Beach Township | $1,650,000 |
Closed | NJOC393290 | 117 E Colorado Ave | Long Beach Township | $2,475,000 |
Closed | NJOC397318 | 161-E Long Beach #E | Long Beach Township | $2,950,000 |
Temporary Off Market | NJOC400334 | 16 E 84th St | Harvey Cedars | $4,495,000 |
Withdrawn | NJOC398692 | 407 N Delaware Ave | Beach Haven | $698,900 |
Canceled | NJOC398460 | 14 W Harrington Ave | Long Beach Township | $599,000 |
Canceled | NJOC137652 | 400 Leeward *To Be Built* Ave | Beach Haven | $2,995,000 |
Canceled | NJOC395726 | 57 Long Beach Blvd | Long Beach Township | $2,999,900 |
Canceled | NJOC395568 | 57-B Long Beach Blvd #B | Long Beach Township | $7,999,000 |
Expired | NJOC396270 | 10 Marshall | Long Beach Township | $689,000 |
Expired | NJOC395106 | 10 Marshall Ave | Long Beach Township | $689,000 |
Expired | NJOC386794 | 2404 Long Beach Blvd | Long Beach Township | $795,000 |
Expired | NJOC138108 | 9201 Beach Ave | Long Beach Township | $799,000 |
Expired | NJOC390692 | 21 S 3rd St | Surf City | $899,900 |
Expired | NJOC394782 | 511 N Bay Ave | Beach Haven | $949,000 |
Expired | NJOC392236 | 162-B Long Beach Blvd #B | Long Beach Township | $1,079,000 |
Expired | NJOC140406 | 402 Central Ave | Barnegat Light | $1,399,000 |
LBI New Jersey Real Estate Sales Analysis
With a total of 43 pending sales in the Long Beach Island real estate market, it is safe to say buyers are active. COVID continues to be on the minds of buyers and there is little doubt that is the driving force being this activity. The market changes each week seem to be dominated by pending sales, closed sales and new listings. Expired listings have dropped showing how much of the inventory is being absorbed. Buyers have to be VERY CAREFUL in this environment and take care to not overpay for a home. 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 7/26/2020-8/2/2020 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
More LBI Real Estate Information:
Getting Ready to Sell in the LBI Real Estate Market
Making an Offer on a Pending Home in the LBI Real Estate Market