Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 7/5/2020-7/12/2020
LBI Real Estate Weekly Sales Update 7/5/2020-7/12/2020 
LBI Real Estate Weekly Sales Update 7/5/2020-7/12/2020 
LBI Real Estate Weekly Sales Update 7/5/2020-7/12/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 7/5/2020-7/12/2020: The unprecedented activity levels in the Long Beach Island real estate market continued this week with nearlyl 40 pending sales (that is not a typo…almost 40 pending sales in a single 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:
- 30 new listings entered the market with an average price of $1,225,390
- 38 listings went under contact with an average listing price of about $1,108,384
- 16 properties sold on Long Beach Island with an average price of $1,471,344
- 11 listings were either withdrawn of expired in the LBI real estate market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 7/5/2020-7/12/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | 8 41st | Long Beach Township | $999,000 |
| Coming Soon | RES | 12 E 51st St | Long Beach Township | $1,499,000 |
| Coming Soon | RES | 112 E Wyoming Ave. | Long Beach Township | $2,299,000 |
| New Active | RESL | 217 N 10th St | Surf City | $11,700 |
| New Active | LAND | 102 W Roosevelt Ave #10 | Long Beach Township | $32,500 |
| New Active | RES | 310 S Atlantic Ave #U2 | Beach Haven | $379,000 |
| New Active | RES | 1615 Central Ave #1B | Ship Bottom | $504,900 |
| New Active | RES | 130 Chatsworth Ave #5 | Beach Haven | $519,000 |
| New Active | COM | 110 N Bay Ave | Beach Haven | $699,000 |
| New Active | RES | 227 W 5th St | Ship Bottom | $730,000 |
| New Active | RES | 26 W 3rd St | Barnegat Light | $759,000 |
| New Active | RES | 2 W Bayberry | Long Beach Township | $759,900 |
| New Active | RES | 310 West Ave #I1 | Beach Haven | $839,000 |
| New Active | RES | 309 W 10th St | Ship Bottom | $879,900 |
| New Active | RES | 1053b-Unit 1 Long Beach Blvd | Long Beach Township | $949,000 |
| New Active | RES | 115 E Oceanview | Long Beach Township | $950,000 |
| New Active | RES | 1053b-Unit 2 Long Beach Blvd | Long Beach Township | $964,000 |
| New Active | RES | 421 2nd St | Beach Haven | $975,000 |
| New Active | RES | 2 W Jerome | Long Beach Township | $1,349,000 |
| New Active | COM | 110 N Bay Ave | Beach Haven | $1,399,000 |
| New Active | RES | 111 E Tennessee Ave | Long Beach Township | $1,399,000 |
| New Active | RES | 221 Kentford Ave | Beach Haven | $1,450,000 |
| New Active | RES | 38 N 13th St | Surf City | $1,629,000 |
| New Active | RES | 6805 Kent Pl | Harvey Cedars | $1,695,000 |
| New Active | RES | 1053b Long Beach Blvd | Long Beach Township | $1,844,000 |
| New Active | RES | 7-A E 69th St | Harvey Cedars | $1,999,000 |
| New Active | COM | 2501 Long Beach Blvd | Ship Bottom | $1,999,900 |
| New Active | RES | 2501 Long Beach Blvd. | Ship Bottom | $1,999,900 |
| New Active | RES | 13506 Atlantic Ave | Long Beach Township | $2,349,000 |
| New Active | RES | 13 Auburn Road | Long Beach Township | $2,899,999 |
| Back to Active | RES | 107 N Ocean Ave | Surf City | $1,889,000 |
| Price Decrease | RES | 226 E 3rd St | Beach Haven | $874,900 |
| Price Decrease | RES | 105 E So. 32nd St | Long Beach Township | $1,449,000 |
| Price Decrease | RES | 19 E 21st | Long Beach Township | $1,695,000 |
| Price Decrease | RES | 1038 Long Beach Blvd #G | Long Beach Township | $2,999,000 |
| Price Increase | COM | 108 N Bay Ave | Beach Haven | $799,000 |
| Active Under Contract | RES | 15 W South 33rd St | Long Beach Township | $549,000 |
| Active Under Contract | RES | 316 N 3rd St | Surf City | $599,000 |
| Active Under Contract | RES | 430 Dock Rd | Beach Haven | $665,000 |
| Active Under Contract | RES | 208 N Central Ave | Surf City | $699,900 |
| Active Under Contract | RES | 249 W 16th St | Ship Bottom | $725,000 |
| Active Under Contract | RES | 1701 Bay Terrace | Long Beach Township | $979,000 |
| Active Under Contract | RES | 368 W 7th St | Ship Bottom | $1,065,000 |
| Active Under Contract | RES | 29 N 11th St | Surf City | $1,839,000 |
| Active Under Contract | RES | 101 Rose Ct | Long Beach Township | $2,299,000 |
| Active Under Contract | RES | 11 E Middlesex Ave | Harvey Cedars | $2,495,000 |
| Pending | RES | 137 E Maryland Ave E #2 | Long Beach Township | $215,000 |
| Pending | RES | 2915 Long Beach Blvd #C | Long Beach Township | $279,000 |
| Pending | RES | 8 W 81st St | Harvey Cedars | $560,000 |
| Pending | RES | 5406 Long Beach Blvd | Harvey Cedars | $575,000 |
| Pending | RES | 2609 Long Beach Blvd | Long Beach Township | $595,000 |
| Pending | RES | 5405 Long Beach Blvd | Harvey Cedars | $599,000 |
| Pending | RES | 301 W 18th St | Ship Bottom | $599,900 |
| Pending | RES | 27 N 7th St | Surf City | $699,000 |
| Pending | COM | 2609 Long Beach Blvd | Long Beach Township | $749,000 |
| Pending | RES | 808 E Bay Club Ln | Beach Haven | $749,900 |
| Pending | RES | 32 16th St | Surf City | $799,000 |
| Pending | RES | 304 Iroquois Ave | Beach Haven | $799,900 |
| Pending | RES | 31 W Essex Ave | Harvey Cedars | $849,000 |
| Pending | RES | 28 28th | Long Beach Township | $899,000 |
| Pending | RES | 19 E South 34th St | Long Beach Township | $905,000 |
| Pending | RES | 1812 Bay Ter | Ship Bottom | $989,000 |
| Pending | RES | 212 7th | Surf City | $1,125,000 |
| Pending | RES | 12704 Long Beach | Long Beach Township | $1,199,000 |
| Pending | RES | 1067-B Long Beach Blvd | Long Beach Township | $1,275,000 |
| Pending | COM | 2609 Long Beach Blvd | Long Beach Township | $1,295,000 |
| Pending | LAND | 400 Leeward Ave | Beach Haven | $1,379,000 |
| Pending | RES | 1303 N Ocean Ave | Surf City | $1,595,000 |
| Pending | RES | 15 N 7th St | Surf City | $1,599,000 |
| Pending | RES | 11 E 75th St | Harvey Cedars | $1,675,000 |
| Pending | RES | 8 E Ohio | Long Beach Township | $1,680,000 |
| Pending | RES | 6105 Long Beach Blvd | Harvey Cedars | $1,995,000 |
| Pending | RES | 466 Schroderer Lane | Surf City | $2,225,000 |
| Pending | RES | 120 Louisiana | Long Beach Township | $2,299,999 |
| Closed | RES | 17 E 76th St #5 | Harvey Cedars | $132,500 |
| Closed | RES | 12 W 6th St | Barnegat Light | $550,000 |
| Closed | RES | 5508 Bayview Ave | Long Beach Township | $640,000 |
| Closed | RES | 130 S West Ave #101 | Beach Haven | $660,000 |
| Closed | MUL | 98 Arnold | Long Beach Township | $745,000 |
| Closed | RES | 130-A Long Beach | Long Beach Township | $950,000 |
| Closed | RES | 185 Nautilus | Long Beach Township | $995,000 |
| Closed | RES | 5 W Marshall Ave | Long Beach Township | $1,135,000 |
| Closed | RES | 19 W Harding Ave | Long Beach Township | $1,220,000 |
| Closed | RES | 353 N 8th St | Surf City | $1,379,000 |
| Closed | RES | 21 E Oceanview Ave | Long Beach Township | $1,410,000 |
| Closed | RES | 220 E Amber St | Beach Haven | $1,575,000 |
| Closed | RES | 3 E 86th St | Harvey Cedars | $1,735,000 |
| Closed | RES | 83 Bayview Dr | Long Beach Township | $2,200,000 |
| Closed | RES | 8308 Bay Ter | Harvey Cedars | $2,395,000 |
| Closed | RES | 144 E Dune | Long Beach Township | $5,820,000 |
| Temporary Off Market | RES | 108 19th #WEST | Long Beach Township | $649,000 |
| Temporary Off Market | RES | 9 Amherst | Long Beach Township | $719,000 |
| Temporary Off Market | RES | 118 Amber St | Beach Haven | $1,995,000 |
| Withdrawn | RES | 301 Norwood Ave | Beach Haven | $939,000 |
| Withdrawn | RES | 1053b-Unit 1 Long Beach Blvd | Long Beach Township | $949,000 |
| Withdrawn | RES | 1109-B Long Beach Blvd | Long Beach Township | $3,950,000 |
| Canceled | RES | 1053b-Unit 1 Long Beach Blvd | Long Beach Township | $949,000 |
| Expired | RES | 229 11th St #D | Beach Haven | $374,999 |
| Expired | COM | 110 N Bay Ave | Beach Haven | $599,000 |
| Expired | COM | 108 N Bay Ave | Beach Haven | $799,999 |
| Expired | COM | 110 N Bay Ave | Beach Haven | $1,399,999 |
LBI New Jersey Real Estate Sales Analysis
While the overall number of changes to the MLS dropped slightly this week, pending sales, new listings and closed sales all showed impressive numbers. Buyers continue to struggle with low inventory and for any who were in doubt, we are in a seller’s market though and though. There are opportunities in any market but unless something really makes sense, buyers may wish to consider holding off until the fall when we usually see more inventory come on the 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 7/5/2020-7/12/2020 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:
Inventory Remains a Challenge in the LBI Real Estate Market
Why the LBI Real Estate Market Won’t Crash