Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/2/2020-8/9/2020
LBI Real Estate Weekly Sales Update 8/2/2020-8/9/2020 
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 8/2/2020-8/9/2020: With 116 changes to the MLS this past week, the Long Beach Island real estate market continues to produce record numbers of sale transactions. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,136,587
- 42 listings went under contact with an average listing price of about $1,265,457
- 17 properties sold on Long Beach Island with an average price of $1,105,725
- 10 listings were either withdrawn of expired in the LBI real estate market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 8/2/2020-8/9/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC401338 | 1001 Ocean Ave #1014 | Ship Bottom | $769,000 |
| Coming Soon | NJOC401216 | 1903 Bay Terrace | Long Beach Township | $1,075,000 |
| Coming Soon | NJOC401324 | 1050-B Long Beach #B | Long Beach Township | $1,499,000 |
| New Active | NJOC401308 | 11 E 74th Unit 3 Ave | Harvey Cedars | $105,000 |
| New Active | NJOC401096 | 3205 Ocean #7 | Long Beach Township | $109,000 |
| New Active | NJOC401108 | 701 Ocean Ave | Ship Bottom | $139,000 |
| New Active | NJOC401266 | 1418 N Long Beach Blvd | Surf City | $489,000 |
| New Active | NJOC398424 | 204 S Pennsylvania Ave | Beach Haven | $629,000 |
| New Active | NJOC400668 | 216 S Bay Ave | Beach Haven | $749,000 |
| New Active | NJOC401086 | 300 W 18th St | Ship Bottom | $779,000 |
| New Active | NJOC401312 | 168-E Long Beach Blvd | Long Beach Township | $799,000 |
| New Active | NJOC401310 | 168-E Long Beach Blvd | Long Beach Township | $799,000 |
| New Active | NJOC401128 | 2210 Central Ave | Ship Bottom | $799,900 |
| New Active | NJOC400898 | 1104-E Long Beach Blvd #E | Long Beach Township | $825,000 |
| New Active | NJOC401132 | 2202 Central Ave | Ship Bottom | $825,000 |
| New Active | NJOC401076 | 339 W 14th St | Ship Bottom | $829,000 |
| New Active | NJOC401242 | 3 W 29th St #B | Long Beach Township | $839,900 |
| New Active | NJOC401196 | 102 Rooservelt Ave W #6 | Long Beach Township | $849,900 |
| New Active | NJOC401142 | 15 87th | Long Beach Township | $999,000 |
| New Active | NJOC401198 | 217 N 9th St | Surf City | $999,900 |
| New Active | NJOC401066 | 8 Olsen Ave | Harvey Cedars | $1,089,000 |
| New Active | NJOC401264 | 292 W 27th St | Ship Bottom | $1,195,000 |
| New Active | NJOC401064 | 133 B Long Beach Blvd. | Long Beach Township | $1,279,000 |
| New Active | NJOC401168 | 32 N 12th St | Surf City | $1,299,000 |
| New Active | NJOC400976 | 315 Chatsworth Ave #EEE | Beach Haven | $1,790,000 |
| New Active | NJOC401284 | 215 Nautilus Drive | Long Beach Township | $1,895,000 |
| New Active | NJOC400846 | 201 SE 34th St | Long Beach Township | $2,295,000 |
| New Active | NJOC401112 | 11 E 77th St | Harvey Cedars | $2,399,000 |
| New Active | NJOC400880 | 108 Lavenia Ave | Long Beach Township | $2,450,000 |
| New Active | NJOC400956 | 13 E Bergen Ave | Harvey Cedars | $3,499,000 |
| Back to Active | NJOC140406 | 402 Central Ave | Barnegat Light | $1,399,000 |
| Back to Active | NJOC391022 | 17 N 7th St | Surf City | $1,949,000 |
| Back to Active | NJOC397882 | 118 Amber St | Beach Haven | $1,995,000 |
| Back to Active | NJOC401130 | 15 E 28th St | Barnegat Light | $2,950,000 |
| Price Decrease | NJOC396006 | 1815 Bay Ter | Ship Bottom | $690,000 |
| Price Decrease | NJOC399796 | 2501 Long Beach Blvd S #C | Long Beach Township | $699,000 |
| Price Decrease | NJOC393766 | 504 Broadway | Barnegat Light | $699,000 |
| Price Decrease | NJOC393704 | 504 Broadway | Barnegat Light | $699,000 |
| Price Decrease | NJOC398400 | 226 E 3rd St | Beach Haven | $849,900 |
| Price Decrease | NJOC396760 | 358 N 6th St | Surf City | $970,000 |
| Price Decrease | NJOC395580 | 117 Mariners | Long Beach Township | $1,425,000 |
| Price Decrease | NJOC400532 | 117 Mariner | Long Beach Township | $1,425,000 |
| Price Decrease | NJOC398156 | 1101 S Bay Ave | Beach Haven | $1,499,999 |
| Price Decrease | NJOC395754 | 913 S Atlantic Ave | Beach Haven | $2,299,000 |
| Price Decrease | NJOC400584 | 482 Schoderer Ln | Surf City | $2,799,000 |
| Price Decrease | NJOC375546 | 1038 Long Beach Blvd #G | Long Beach Township | $2,899,000 |
| Active Under Contract | NJOC400746 | 1-A Louisiana | Long Beach Township | $624,900 |
| Active Under Contract | NJOC396126 | 40 4th W #8 | Barnegat Light | $799,000 |
| Active Under Contract | NJOC399346 | 57 S 2nd St | Surf City | $1,199,000 |
| Active Under Contract | NJOC400888 | 2514 Central Ave | Ship Bottom | $1,295,000 |
| Active Under Contract | NJOC398216 | 211 11th St | Beach Haven | $1,395,000 |
| Active Under Contract | NJOC400750 | 34 Adrian | Long Beach Township | $1,495,000 |
| Pending | NJOC400468 | 322 Berkeley Ave #3 | Beach Haven | $524,900 |
| Pending | NJOC399706 | 316 N 3rd St | Surf City | $599,000 |
| Pending | NJOC400666 | 5 W 33rd Street | Long Beach Township | $630,000 |
| Pending | NJOC398012 | 430 Dock Rd | Beach Haven | $665,000 |
| Pending | NJOC400858 | 203 W 22nd St | Ship Bottom | $699,000 |
| Pending | NJOC394388 | 2 Lagoon Dr S | Long Beach Township | $719,000 |
| Pending | NJOC393856 | 2 S Lagoon Dr | Long Beach Township | $719,000 |
| Pending | NJOC400958 | 15 Hodgson Lane | Long Beach Township | $765,000 |
| Pending | NJOC387188 | 1215 Central Ave | Ship Bottom | $799,999 |
| Pending | NJOC400272 | 13 E 17th | Long Beach Township | $835,000 |
| Pending | NJOC400004 | 13 E 17th St | Long Beach Township | $835,000 |
| Pending | NJOC138870 | 401 Pelham Ave | Beach Haven | $849,000 |
| Pending | NJOC138822 | 401 Pelham Ave | Beach Haven | $849,000 |
| Pending | NJOC398584 | 15 E 14th St | Long Beach Township | $875,000 |
| Pending | NJOC400382 | 24 S 2nd St | Surf City | $899,000 |
| Pending | NJOC400350 | 24 S 2nd St | Surf City | $899,000 |
| Pending | NJOC397468 | 2517 Long Beach Blvd S #1 | Long Beach Township | $899,900 |
| Pending | NJOC400070 | 8 E 41st | Long Beach Township | $999,000 |
| Pending | NJOC394792 | 1710 E Blvd | Ship Bottom | $999,000 |
| Pending | NJOC394074 | 315 Stratford Ave | Beach Haven | $1,145,000 |
| Pending | NJOC399496 | 10 E 21st | Long Beach Township | $1,149,000 |
| Pending | NJOC395328 | 24 Pershing | Long Beach Township | $1,249,499 |
| Pending | NJOC386380 | 9312 Mark Dr | Beach Haven | $1,299,000 |
| Pending | NJOC395078 | 88 Bayview | Long Beach Township | $1,499,000 |
| Pending | NJOC400338 | 303 Althea | Long Beach Township | $1,499,000 |
| Pending | NJOC400774 | 36 N 12th St | Surf City | $1,500,000 |
| Pending | NJOC394582 | 1 E Virginia | Long Beach Township | $1,549,000 |
| Pending | NJOC399972 | 6805 Kent Pl | Harvey Cedars | $1,695,000 |
| Pending | NJOC400698 | 124 South 31st St | Long Beach Township | $1,749,000 |
| Pending | NJOC399614 | 435 N 4th St | Surf City | $1,789,000 |
| Pending | NJOC397896 | 3 E 69th St | Harvey Cedars | $1,895,000 |
| Pending | NJOC398746 | 34 Thomas Ave | Harvey Cedars | $2,195,000 |
| Pending | NJOC400576 | 418 N 3rd St | Surf City | $2,475,000 |
| Pending | NJOC398202 | 11 E Middlesex Ave | Harvey Cedars | $2,495,000 |
| Pending | NJOC398514 | 517 Shore Ave | Ship Bottom | $2,599,000 |
| Pending | NJOC390252 | 1071-C Long Beach Blvd. | Long Beach Township | $3,500,000 |
| Pending | NJOC138360 | 123 E Texas Ave | Long Beach Township | $4,695,000 |
| Closed | NJOC397060 | 2915 Long Beach Blvd #C | Long Beach Township | $274,000 |
| Closed | NJOC397102 | 15 W Sailboat Lane | Long Beach Township | $620,000 |
| Closed | NJOC391020 | 7 W Harmony Ave | Long Beach Township | $769,000 |
| Closed | NJOC395946 | 1804 Waverly | Long Beach Township | $783,333 |
| Closed | NJOC398834 | 209 N Atlantic Ave | Beach Haven | $850,000 |
| Closed | NJOC396022 | 3602 S Long Beach Blvd #U1 | Long Beach Township | $865,000 |
| Closed | NJOC393160 | 6 E Mercer Ave | Harvey Cedars | $865,000 |
| Closed | NJOC401278 | 105 Lavenia | Long Beach Township | $925,000 |
| Closed | NJOC394654 | 274 W 10th St | Ship Bottom | $925,000 |
| Closed | NJOC140000 | 34 Antioch Rd | Long Beach Township | $1,100,000 |
| Closed | NJOC398910 | 37 Amherst Rd | Long Beach Township | $1,135,000 |
| Closed | NJOC398870 | 5010 Ocean Blvd | Long Beach Township | $1,150,000 |
| Closed | NJOC399566 | 19 Cox Ave | Harvey Cedars | $1,200,000 |
| Closed | NJOC391930 | 302 W 10th St | Ship Bottom | $1,450,000 |
| Closed | NJOC397092 | 19 Cedar Dr | Long Beach Township | $1,575,000 |
| Closed | NJOC398618 | 221 Holyoke Ave | Beach Haven | $1,810,000 |
| Closed | NJOC397472 | 6301 Bayview Ave | Long Beach Township | $2,501,000 |
| Withdrawn | NJOC397838 | 2210 Central Ave | Ship Bottom | $799,900 |
| Withdrawn | NJOC397832 | 2202 Central Ave | Ship Bottom | $825,000 |
| Withdrawn | NJOC135660 | 357 W 8th St | Ship Bottom | $925,000 |
| Withdrawn | NJOC399096 | 1012 Shore Ave | Ship Bottom | $1,899,000 |
| Withdrawn | NJOC396134 | 134 E 20th St | Ship Bottom | $4,295,000 |
| Canceled | NJOC394738 | 22 Carolina Ave #2 | Long Beach Township | $659,000 |
| Canceled | NJOC398778 | 125 E 29th | Long Beach Township | $879,000 |
| Expired | NJOC398126 | 17 45th W | Long Beach Township | $550,000 |
| Expired | NJOC386262 | 101 E 23rd St | Long Beach Township | $1,850,000 |
| Expired | NJOC395086 | 4 Idaho Ave E | Long Beach Township | $2,169,000 |
LBI New Jersey Real Estate Sales Analysis
Once again there was a net loss of inventory this week with 52 listings leaving the market (either pending sales or expired/withdrawn listings) and only 30 new listings coming on the market. This forces the inventory even lower in what currently is a very low inventory environment. A good number of the current “active” listings also have offers or are under contract so the true availability of homes for sale on Long Beach Island is shockingly low. If you are thinking of selling, this is about as good a market as one can expect. If you are looking to buy, be careful. There are opportunities in every market, including this one, but you HAVE TO UNDERSTAND what determines value in the LBI real estate market to avoid a costly mistake. 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 8/2/2020-8/9/2020 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
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