Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 8/9/2020-8/16/2020
LBI Real Estate Weekly Sales Update 8/9/2020-8/16/2020 
LBI Real Estate Weekly Sales Update 8/9/2020-8/16/2020 
LBI Real Estate Weekly Sales Update 8/9/2020-8/16/2020
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 8/9/2020-8/16/2020: Once again the Long Beach Island real estate market posted impressive sales figures in spite of coronavirus. 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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 $1,145,153
- 43 listings went under contact with an average listing price of about $1,290,851
- 22 properties sold on Long Beach Island with an average price of $1,179,870
- 10 listings were either withdrawn of expired in the LBI real estate market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 8/9/2020-8/16/2020
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 | NJOC401508 | 223 W 18th St | Ship Bottom | $749,900 |
| Coming Soon | NJOC401454 | 1100-H Long Beach | Long Beach Township | $998,000 |
| Coming Soon | NJOC401502 | 19 E 37th | Long Beach Township | $1,399,000 |
| Coming Soon | NJOC401324 | 1050-B Long Beach #B | Long Beach Township | $1,499,000 |
| Coming Soon | NJOC401580 | 1201 N Beach Ave | Beach Haven | $2,500,000 |
| New Active | NJOC401526 | 12900 Long Beach #B | Beach Haven | $25.00 |
| New Active | NJOC401598 | 2904 Beach Ave | Long Beach Township | $2,200 |
| New Active | NJOC401348 | 1000 N Bay Ave #3M | Beach Haven | $450,000 |
| New Active | NJOC401466 | 6 Auburn Rd. | Long Beach Township | $489,000 |
| New Active | NJOC401400 | 8 E Mermaid Ln | Long Beach Township | $675,000 |
| New Active | NJOC401292 | 130 S West Ave #105 | Beach Haven | $695,000 |
| New Active | NJOC401410 | 600-9 N Delaware Ave #9 | Beach Haven | $699,000 |
| New Active | NJOC401338 | 1001 Ocean Ave #1014 | Ship Bottom | $769,000 |
| New Active | NJOC401216 | 1903 Bay Terrace | Long Beach Township | $1,075,000 |
| New Active | NJOC401408 | 36 N 4th St | Surf City | $1,179,000 |
| New Active | NJOC401460 | 113 E 21st | Long Beach Township | $1,250,000 |
| New Active | NJOC401518 | 101 E Virginia | Long Beach Township | $1,275,000 |
| New Active | NJOC401148 | 44-D Sandy Island Drive | Long Beach Township | $1,349,000 |
| New Active | NJOC401124 | 17 E Texas Ave | Long Beach Township | $1,349,000 |
| New Active | NJOC401240 | 108 S 32nd | Long Beach Township | $1,395,000 |
| New Active | NJOC401578 | 402 Central Ave | Barnegat Light | $1,399,000 |
| New Active | NJOC401430 | 18 N 15th St | Surf City | $1,399,000 |
| New Active | NJOC401368 | 1127-A Long Beach #A | Long Beach Township | $1,499,000 |
| New Active | NJOC400482 | 23 Cedars Ave | Harvey Cedars | $1,590,000 |
| New Active | NJOC401378 | 3901 S Long Beach Boulevard | Long Beach Township | $1,690,000 |
| New Active | NJOC401364 | 16 E 80th St | Harvey Cedars | $1,750,000 |
| New Active | NJOC401406 | 11 Buckingham Ave | Harvey Cedars | $1,795,000 |
| Back to Active | NJOC401472 | 12900 Long Beach #B | Beach Haven | $615,000 |
| Price Decrease | NJOC401554 | 245 N 17th St | Surf City | $649,000 |
| Price Decrease | NJOC399378 | 5003 S Long Beach #U4 | Long Beach Township | $659,000 |
| Price Decrease | NJOC400288 | 122 E 29th St | Ship Bottom | $699,900 |
| Price Decrease | NJOC400284 | 122 E 29th St | Ship Bottom | $699,900 |
| Price Decrease | NJOC401196 | 102 Rooservelt Ave W #6 | Long Beach Township | $799,000 |
| Price Decrease | NJOC400090 | 421 2nd St | Beach Haven | $947,000 |
| Price Decrease | NJOC400444 | 28 38th | Long Beach Township | $959,500 |
| Price Decrease | NJOC400248 | 28 38th | Long Beach Township | $959,500 |
| Price Decrease | NJOC392134 | 1508 Long Beach Blvd. | Ship Bottom | $998,000 |
| Price Decrease | NJOC401066 | 8 Olsen Ave | Harvey Cedars | $1,069,000 |
| Price Decrease | NJOC399062 | 19 E 21st | Long Beach Township | $1,649,000 |
| Price Decrease | NJOC397414 | 11 Lincoln Ave | Long Beach Township | $2,799,000 |
| Price Decrease | NJOC400584 | 482 Schoderer Ln | Surf City | $2,799,000 |
| Price Decrease | NJOC395460 | 1027-C Long Beach Blvd | Long Beach Township | $3,495,000 |
| Price Decrease | NJOC399754 | 171-A Long Beach Boulevard | Long Beach Township | $3,975,000 |
| Price Increase | NJOC399250 | 9 Amherst | Long Beach Township | $739,000 |
| Price Increase | NJOC397288 | 332 Cranberry | Long Beach Township | $1,500,000 |
| Active Under Contract | NJOC396158 | 129 Pearl St #6 | Beach Haven | $449,900 |
| Active Under Contract | NJOC400948 | 108 Division Ave | Surf City | $569,000 |
| Active Under Contract | NJOC400744 | 219 W 18th St | Ship Bottom | $829,999 |
| Active Under Contract | NJOC399586 | 1053b-Unit 2 Long Beach Blvd | Long Beach Township | $964,000 |
| Active Under Contract | NJOC401198 | 217 N 9th St | Surf City | $999,900 |
| Active Under Contract | NJOC401064 | 133 B Long Beach Blvd. | Long Beach Township | $1,279,000 |
| Active Under Contract | NJOC400976 | 315 Chatsworth Ave #EEE | Beach Haven | $1,790,000 |
| Active Under Contract | NJOC397922 | 107 N Ocean Ave | Surf City | $1,889,000 |
| Active Under Contract | NJOC397896 | 3 E 69th St | Harvey Cedars | $1,895,000 |
| Active Under Contract | NJOC399512 | 15 3rd St | Surf City | $1,995,000 |
| Active Under Contract | NJOC395912 | 13406 Garden Ct | Long Beach Township | $2,399,000 |
| Pending | NJOC400414 | 220 Liberty Ave E | Beach Haven | $92,000 |
| Pending | NJOC400138 | 130 Chatsworth Ave #5 | Beach Haven | $519,000 |
| Pending | NJOC400582 | 113 E 24th St #15 | Ship Bottom | $539,000 |
| Pending | NJOC398424 | 204 S Pennsylvania Ave | Beach Haven | $629,000 |
| Pending | NJOC401086 | 300 W 18th St | Ship Bottom | $779,000 |
| Pending | NJOC394942 | 319 5th St | Beach Haven | $789,000 |
| Pending | NJOC387188 | 1215 Central Ave | Ship Bottom | $799,999 |
| Pending | NJOC401076 | 339 W 14th St | Ship Bottom | $829,000 |
| Pending | NJOC400808 | 7 Coughlan Ave. | Long Beach Township | $849,900 |
| Pending | NJOC400780 | 310 Coral St | Beach Haven | $899,000 |
| Pending | NJOC396760 | 358 N 6th St | Surf City | $970,000 |
| Pending | NJOC395692 | 86 Arnold Blvd | Long Beach Township | $975,000 |
| Pending | NJOC395584 | 5 Joseph Avenue | Long Beach Township | $1,100,000 |
| Pending | NJOC401372 | 287 N 7th St | Surf City | $1,150,000 |
| Pending | NJOC399624 | 1 E Burlington Ave | Harvey Cedars | $1,175,000 |
| Pending | NJOC401264 | 292 W 27th St | Ship Bottom | $1,195,000 |
| Pending | NJOC395274 | 1701 West Ave | Beach Haven | $1,199,000 |
| Pending | NJOC399346 | 57 S 2nd St | Surf City | $1,199,000 |
| Pending | NJOC401394 | 11 W Harding Ave | Long Beach Township | $1,216,000 |
| Pending | NJOC400772 | 18 42nd | Long Beach Township | $1,250,000 |
| Pending | NJOC401374 | 9 Harding | Long Beach Township | $1,265,000 |
| Pending | NJOC401398 | 13 W Harding | Long Beach Township | $1,272,000 |
| Pending | NJOC137608 | 121-A Long Beach Blvd | Long Beach Township | $1,295,000 |
| Pending | NJOC400888 | 2514 Central Ave | Ship Bottom | $1,295,000 |
| Pending | NJOC401168 | 32 N 12th St | Surf City | $1,299,000 |
| Pending | NJOC399426 | 4913 S Long Beach Blvd | Long Beach Township | $1,625,000 |
| Pending | NJOC394280 | 108 Panorama Dr S | Long Beach Township | $1,899,000 |
| Pending | NJOC396188 | 127 E 21st St | Ship Bottom | $1,999,900 |
| Pending | NJOC399092 | 240 Oceana Dr | Long Beach Township | $2,095,000 |
| Pending | NJOC399990 | 112 E Wyoming Ave. | Long Beach Township | $2,299,000 |
| Pending | NJOC401130 | 15 E 28th St | Barnegat Light | $2,950,000 |
| Pending | NJOC395496 | 83-C Long Beach | Long Beach Township | $2,999,000 |
| Pending | NJOC400024 | 12603 Ocean Ave. | Long Beach Township | $3,150,000 |
| Closed | NJOC142738 | 401 Broadway #38 | Barnegat Light | $185,000 |
| Closed | NJOC393846 | 137 E Maryland Ave E #2 | Long Beach Township | $215,000 |
| Closed | NJOC398820 | 1117 N Long Beach Blvd | Surf City | $445,000 |
| Closed | NJOC397162 | 128 E 30th St #1 | Ship Bottom | $570,000 |
| Closed | NJOC392620 | 342 N 9th St | Surf City | $579,000 |
| Closed | NJOC395626 | 301 W 18th St | Ship Bottom | $599,900 |
| Closed | NJOC401218 | 130 S West #203 | Beach Haven | $640,000 |
| Closed | NJOC395458 | 5804 Bayview | Long Beach Township | $723,750 |
| Closed | NJOC397726 | 9206 Long Beach Blvd | Long Beach Township | $775,000 |
| Closed | NJOC393416 | 28 28th | Long Beach Township | $875,000 |
| Closed | NJOC398628 | 6 E Hobart | Long Beach Township | $964,000 |
| Closed | NJOC398036 | 7 W Selfridge Ave | Long Beach Township | $977,500 |
| Closed | NJOC393090 | 13-A Long Beach Blvd | Long Beach Township | $999,000 |
| Closed | NJOC397584 | 6003 Long Beach Blvd | Long Beach Township | $1,075,000 |
| Closed | NJOC399496 | 10 E 21st | Long Beach Township | $1,149,000 |
| Closed | NJOC392232 | 2 E Mississippi Ave E | Long Beach Township | $1,225,000 |
| Closed | NJOC397378 | 428 5th St | Beach Haven | $1,315,000 |
| Closed | NJOC391204 | 6802 Kent Pl | Harvey Cedars | $1,850,000 |
| Closed | NJOC138494 | 123 Osborn Ave | Long Beach Township | $1,900,000 |
| Closed | NJOC401566 | 12 73rd | Harvey Cedars | $2,045,000 |
| Closed | NJOC398746 | 34 Thomas Ave | Harvey Cedars | $2,050,000 |
| Closed | NJOC138320 | 211 Leeward Ave | Beach Haven | $4,800,000 |
| Withdrawn | NJOC397968 | 28 28th | Long Beach Township | $12,666 |
| Withdrawn | NJOC400882 | 6 Rosemma | Long Beach Township | $999,000 |
| Withdrawn | NJOC397526 | 4903 S Long Beach Blvd | Long Beach Township | $1,499,000 |
| Canceled | NJOC387084 | 5010 West Ave | Long Beach Township | $850,000 |
| Expired | NJOC386780 | 36 N 4th St | Surf City | $1,179,000 |
| Expired | NJOC138082 | 10 Drexel Ave | Surf City | $1,199,000 |
| Expired | NJOC137872 | 6 Drexel Ave | Surf City | $1,199,000 |
| Expired | NJOC140406 | 402 Central Ave | Barnegat Light | $1,399,000 |
| Expired | NJOC395208 | 11 Buckingham Ave | Harvey Cedars | $1,795,000 |
| Expired | NJOC386094 | 123 E 27th St | Long Beach Township | $1,799,999 |
LBI New Jersey Real Estate Sales Analysis
As we are seeing in many other real estate markets, home sales on Long Beach Island are at an all time high point. 43 pending sales in a week is a massive amount of real estate to transact. Buyers are having a hard time finding inventory which is highlights by the fact only 27 new listings came on the market (and many of them already have offers). My advice to buyers is to hang in there, I think it will slow down in the next few weeks/months and we will see more inventory come along. Look for the right opportunity and be ready to act FAST when it comes along. 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 8/9/2020-8/16/2020 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:
Long Beach Island Real Estate Closing Costs
Prep Your Home To Sell in the LBI Real Estate Market
Selling LBI Real Estate Virtually
Three Reasons Why The LBI Real Estate Market Will Not Slowdown