LBI Real Estate Weekly Sales Update 7/26/2020-8/2/2020

LBI Real Estate Weekly Sales Update 7/26/2020-8/2/2020

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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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  • 13 listings were either withdrawn of expired in the LBI real estate market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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 TypeMLS #AddressCityCurrent Price – Decimal
Coming SoonNJOC400668216 S Bay AveBeach Haven$749,000
Coming SoonNJOC40048223 Cedars AveHarvey Cedars$1,590,000
Coming SoonNJOC400880108 Lavenia AveLong Beach Township$2,450,000
New ActiveNJOC4006827903 Long Beach Blvd #BLong Beach Township$339,900
New ActiveNJOC4009041418 N Long Beach BlvdSurf City$489,000
New ActiveNJOC400948108 Division AveSurf City$569,000
New ActiveNJOC400900262 14th St NSurf City$639,000
New ActiveNJOC400858203 W 22nd StShip Bottom$699,000
New ActiveNJOC400892107 W Delaware AveLong Beach Township$750,000
New ActiveNJOC400884107 W Delaware AveLong Beach Township$750,000
New ActiveNJOC40095815 Hodgson LaneLong Beach Township$765,000
New ActiveNJOC4008087 Coughlan Ave.Long Beach Township$849,900
New ActiveNJOC40079429 AmherstLong Beach Township$899,000
New ActiveNJOC400780310 Coral StBeach Haven$899,000
New ActiveNJOC40077218 42ndLong Beach Township$1,250,000
New ActiveNJOC4008882514 Central AveShip Bottom$1,295,000
New ActiveNJOC4007821108e Long Beach BlvdLong Beach Township$1,350,000
New ActiveNJOC40075034 AdrianLong Beach Township$1,495,000
New ActiveNJOC401016104 E SailboatLong Beach Township$1,499,999
New ActiveNJOC40077436 N 12th StSurf City$1,500,000
New ActiveNJOC400720121 E Sand DuneLong Beach Township$1,595,000
New ActiveNJOC400976315 Chatsworth Ave #EEEBeach Haven$1,790,000
New ActiveNJOC400998109 Centre StBeach Haven$1,899,000
New ActiveNJOC399990112 E Wyoming Ave.Long Beach Township$2,299,000
New ActiveNJOC4008323701 Long Beach Blvd SLong Beach Township$2,700,000
New ActiveNJOC40002412603 Ocean Ave.Long Beach Township$3,150,000
New ActiveNJOC40095613 E Bergen AveHarvey Cedars$3,499,000
Back to ActiveNJOC400860226 W 14th St St WShip Bottom$499,000
Back to ActiveNJOC39858415 E 14th StLong Beach Township$875,000
Back to ActiveNJOC3947921710 E BlvdShip Bottom$999,000
Back to ActiveNJOC400908126 LagunaLong Beach Township$999,000
Back to ActiveNJOC4008826 RosemmaLong Beach Township$999,000
Back to ActiveNJOC39520811 Buckingham AveHarvey Cedars$1,795,000
Price DecreaseNJOC399676101 W 9th St #204Ship Bottom$599,999
Price DecreaseNJOC399670101 W 9th St #203Ship Bottom$599,999
Price DecreaseNJOC399674101 W 9th St #202Ship Bottom$609,000
Price DecreaseNJOC399672101 W 9th St #305Ship Bottom$719,000
Price DecreaseNJOC399668101 W 9th St #303Ship Bottom$729,000
Price DecreaseNJOC3999102 W BayberryLong Beach Township$729,000
Price DecreaseNJOC400244101 E Connecticut AveLong Beach Township$825,000
Price DecreaseNJOC40026619 E Weldon PlLong Beach Township$899,000
Price DecreaseNJOC396760358 N 6th StSurf City$970,000
Price DecreaseNJOC400270100 W South 33rd StLong Beach Township$1,200,000
Price DecreaseNJOC395580117 MarinersLong Beach Township$1,425,000
Price DecreaseNJOC400532117 MarinerLong Beach Township$1,425,000
Price DecreaseNJOC395042117 Mariner LnLong Beach Township$1,425,000
Price IncreaseNJOC394510401 N Bay AveBeach Haven$1,545,000
Price IncreaseNJOC398514517 Shore AveShip Bottom$2,599,000
Price IncreaseNJOC39537687 Bayview AveLong Beach Township$3,649,000
Active Under ContractNJOC39942416 Harrington Ave #EASTLong Beach Township$1,200
Active Under ContractNJOC40039630 N 3rd StSurf City$799,900
Active Under ContractNJOC3951542111 Sunset AveSurf City$1,020,000
Active Under ContractNJOC39309013-A Long Beach BlvdLong Beach Township$1,149,000
Active Under ContractNJOC400634122 E 32ndLong Beach Township$1,349,000
Active Under ContractNJOC3921381005 Barnegat AveShip Bottom$1,430,000
Active Under ContractNJOC3969942803 Long BeachLong Beach Township$1,599,000
Active Under ContractNJOC39992438 N 13th StSurf City$1,629,000
Active Under ContractNJOC395228123 MarinersLong Beach Township$1,950,000
PendingNJOC138054401 Broadway #7Barnegat Light$309,900
PendingNJOC394546534 Centre StBeach Haven$359,000
PendingNJOC39969611 E 21stLong Beach Township$699,000
PendingNJOC39952011 E 21st StLong Beach Township$699,000
PendingNJOC1376341010-E Long Beach BlvdLong Beach Township$770,000
PendingNJOC400618272 N 10th StSurf City$799,000
PendingNJOC3945621902 Bayview AveBarnegat Light$799,000
PendingNJOC397184510 N Bay Ave #2-10Beach Haven$819,000
PendingNJOC139306115 W Osborn AveLong Beach Township$835,000
PendingNJOC3974702517 Long Beach Blvd S #2Long Beach Township$839,900
PendingNJOC4005081020-E Long Beach #ELong Beach Township$889,900
PendingNJOC395660228 W 27th StShip Bottom$899,000
PendingNJOC395628228 W 27th StShip Bottom$899,000
PendingNJOC3993742517 Long Beach Blvd S #3Long Beach Township$899,000
PendingNJOC4007242 E GoldsboroughLong Beach Township$975,000
PendingNJOC3987801701 Bay TerraceLong Beach Township$979,000
PendingNJOC3951666 Camden AveHarvey Cedars$1,020,000
PendingNJOC39694646 ArnoldLong Beach Township$1,149,000
PendingNJOC400242111 E Connecticut AveLong Beach Township$1,250,000
PendingNJOC1379668 Pershing AveLong Beach Township$1,260,000
PendingNJOC394258273 N 7th StSurf City$1,279,000
PendingNJOC399448231 W 16th StShip Bottom$1,299,000
PendingNJOC40038620 Beacon DrLong Beach Township$1,499,000
PendingNJOC391930302 W 10th StShip Bottom$1,500,000
PendingNJOC395812707 N Ocean AveSurf City$1,540,000
PendingNJOC3945821 E VirginiaLong Beach Township$1,549,000
PendingNJOC3999726805 Kent PlHarvey Cedars$1,695,000
PendingNJOC393146106 LillieLong Beach Township$1,695,000
PendingNJOC39874634 Thomas AveHarvey Cedars$2,195,000
PendingNJOC399408101 Rose CtLong Beach Township$2,299,000
PendingNJOC391050519 N Ocean Ave.Surf City$2,349,000
PendingNJOC39820211 E Middlesex AveHarvey Cedars$2,495,000
PendingNJOC1380241109 Ocean AveSurf City$3,599,000
PendingNJOC395366150-H Long BeachLong Beach Township$3,649,000
ClosedNJOC3913066 E Indiana Ave #4Long Beach Township$195,000
ClosedNJOC3928887 W Delaware AveBeach Haven$535,000
ClosedNJOC39889814 W Harrington AveLong Beach Township$580,000
ClosedNJOC3778541078 Long Beach Blvd #BLong Beach Township$640,000
ClosedNJOC3944348702 Beach AveLong Beach Township$690,000
ClosedNJOC397244403 8th StBeach Haven$735,000
ClosedNJOC397556114 S 1st StSurf City$754,450
ClosedNJOC3981106112 Long Beach BlvdHarvey Cedars$765,000
ClosedNJOC3944241001-A Long Beach BlvdLong Beach Township$849,000
ClosedNJOC398806125 E 29thLong Beach Township$874,000
ClosedNJOC39318018 W Janet RoadLong Beach Township$970,000
ClosedNJOC39939614 W 75th StreetHarvey Cedars$975,000
ClosedNJOC39702212704 Long BeachLong Beach Township$999,999
ClosedNJOC14000034 Antioch RdLong Beach Township$1,100,000
ClosedNJOC399246191 Nautilus DrLong Beach Township$1,100,000
ClosedNJOC39463010 W Judith AveLong Beach Township$1,375,000
ClosedNJOC39975832 N 4th StSurf City$1,450,000
ClosedNJOC39917216 E FloridaLong Beach Township$1,615,000
ClosedNJOC3945088 E OhioLong Beach Township$1,650,000
ClosedNJOC393290117 E Colorado AveLong Beach Township$2,475,000
ClosedNJOC397318161-E Long Beach #ELong Beach Township$2,950,000
Temporary Off MarketNJOC40033416 E 84th StHarvey Cedars$4,495,000
WithdrawnNJOC398692407 N Delaware AveBeach Haven$698,900
CanceledNJOC39846014 W Harrington AveLong Beach Township$599,000
CanceledNJOC137652400 Leeward *To Be Built* AveBeach Haven$2,995,000
CanceledNJOC39572657 Long Beach BlvdLong Beach Township$2,999,900
CanceledNJOC39556857-B Long Beach Blvd #BLong Beach Township$7,999,000
ExpiredNJOC39627010 MarshallLong Beach Township$689,000
ExpiredNJOC39510610 Marshall AveLong Beach Township$689,000
ExpiredNJOC3867942404 Long Beach BlvdLong Beach Township$795,000
ExpiredNJOC1381089201 Beach AveLong Beach Township$799,000
ExpiredNJOC39069221 S 3rd StSurf City$899,900
ExpiredNJOC394782511 N Bay AveBeach Haven$949,000
ExpiredNJOC392236162-B Long Beach Blvd #BLong Beach Township$1,079,000
ExpiredNJOC140406402 Central AveBarnegat 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

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:

Getting Ready to Sell in the LBI Real Estate Market

Making an Offer on a Pending Home in the LBI Real Estate Market

COVID and the LBI Real Estate Market