LBI Real Estate Weekly Sales Update 9/20/2020-9/27/2020

LBI Real Estate Weekly Sales Update 9/20/2020-9/27/2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 9/20/2020-9/27/2020

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 9/20/2020-9/27/2020: There were a total of 133 changes to the Long Beach Island real estate market this week. The steady pace of the LBI real estate market during coronavirus continues! 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 40 new listings entered the market with an average price of $1,262,605
  • 42 listings went under contract with an average listing price of about $1,306,779
  • 25 properties sold on Long Beach Island with an average price of $1,419,359
  • 14 listings were either withdrawn or expired in the LBI real estate market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

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market


LBI Real Estate Weekly Sales Update 9/20/2020-9/27/2020

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC40332845-C N 18th St #1Surf City$759,000
Coming SoonNJOC40334831 MeaLong Beach Township$1,799,000
New ActiveNJOC40309027 E 25th #C4Long Beach Township$355,000
New ActiveNJOC4032642508 Long Beach BlvdShip Bottom$400,000
New ActiveNJOC4032482504 Long Beach Blvd #3AShip Bottom$400,000
New ActiveNJOC4033387700 Long Beach #ALong Beach Township$405,000
New ActiveNJOC4032582704 Central Ave #AShip Bottom$419,000
New ActiveNJOC40312820 Amber St #E5Beach Haven$439,000
New ActiveNJOC4031763 E SeabreezeLong Beach Township$785,000
New ActiveNJOC403300279 N 8th StSurf City$799,900
New ActiveNJOC403408230 W 17th St WShip Bottom$819,900
New ActiveNJOC40314611 W CoughlanLong Beach Township$849,000
New ActiveNJOC402994102 W 20th StShip Bottom$850,000
New ActiveNJOC4031804 52ndLong Beach Township$859,000
New ActiveNJOC40321225 Albright RdLong Beach Township$895,000
New ActiveNJOC40307410 McKinleyLong Beach Township$899,000
New ActiveNJOC40316028 E 34thLong Beach Township$999,000
New ActiveNJOC4030961 E 68th StHarvey Cedars$999,500
New ActiveNJOC40310055 Bayview AveLong Beach Township$1,029,000
New ActiveNJOC403272147 E Delaware AveLong Beach Township$1,100,000
New ActiveNJOC4033205300 WestLong Beach Township$1,100,000
New ActiveNJOC40322622 E Colorado AveLong Beach Township$1,150,000
New ActiveNJOC4031242200 N Long Beach BlvdSurf City$1,195,000
New ActiveNJOC4029402200 N Long Beach BlvdSurf City$1,195,000
New ActiveNJOC403192136 JeanetteLong Beach Township$1,299,000
New ActiveNJOC40336434 W Holly DrLong Beach Township$1,399,000
New ActiveNJOC403014106 W 17thLong Beach Township$1,399,999
New ActiveNJOC4032541 E 15th StBarnegat Light$1,449,000
New ActiveNJOC4032681023-B Long Beach Blvd #BLong Beach Township$1,499,000
New ActiveNJOC403288312 W 19th StShip Bottom$1,499,900
New ActiveNJOC40313613502 GardenLong Beach Township$1,550,000
New ActiveNJOC4029801807 N Long Beach BlvdSurf City$1,595,000
New ActiveNJOC402890109 E 19th StLong Beach Township$1,650,000
New ActiveNJOC403312216 17thLong Beach Township$1,750,000
New ActiveNJOC4030668 E Cumberland AveHarvey Cedars$1,775,000
New ActiveNJOC4032921061-A Long Beach #ALong Beach Township$1,895,000
New ActiveNJOC40194625-E KirklandLong Beach Township$2,099,999
New ActiveNJOC40308212-A E Essex AveHarvey Cedars$2,249,000
New ActiveNJOC40307012 E 79th StHarvey Cedars$3,395,000
New ActiveNJOC40296612505 Ocean AvenueLong Beach Township$3,499,000
Back to ActiveNJOC400780310 Coral StBeach Haven$899,000
Back to ActiveNJOC40191426 N 24th StSurf City$1,100,000
Back to ActiveNJOC3961762 W JeffreyLong Beach Township$1,349,000
Price DecreaseNJOC4024762300 N Central AveSurf City$849,000
Price DecreaseNJOC40282612 E 27thLong Beach Township$929,000
Price DecreaseNJOC402004531 Engleside AveBeach Haven$965,000
Price DecreaseNJOC402524407 Coral St #U2Beach Haven$969,000
Price DecreaseNJOC397518215 Centre StBeach Haven$1,489,000
Price DecreaseNJOC4005525311-A Long Beach Blvd #AHarvey Cedars$1,599,000
Price IncreaseNJOC141134510 Dock RdBeach Haven$850,000
Price IncreaseNJOC137664510 Dock RdBeach Haven$850,000
Price IncreaseNJOC3957043 ArtsLong Beach Township$2,795,000
Active Under ContractNJOC4012661418 N Long Beach BlvdSurf City$489,000
Active Under ContractNJOC4009041418 N Long Beach BlvdSurf City$489,000
Active Under ContractNJOC4030221001 Ocean Ave #1009Ship Bottom$685,000
Active Under ContractNJOC4032082205 Central AveBarnegat Light$699,000
Active Under ContractNJOC4026382 E Oceanview DrLong Beach Township$699,000
Active Under ContractNJOC4025402 E Oceanview DrLong Beach Township$699,000
Active Under ContractNJOC40298228 W Cape CodLong Beach Township$899,000
Active Under ContractNJOC399218100 S West Ave #4Beach Haven$999,000
Active Under ContractNJOC39906219 E 21stLong Beach Township$1,649,000
Active Under ContractNJOC397882118 Amber StBeach Haven$1,949,000
Active Under ContractNJOC401948108 Tennessee AveLong Beach Township$2,599,000
PendingNJOC4007461-A LouisianaLong Beach Township$624,900
PendingNJOC402974407 N Delaware AveBeach Haven$699,000
PendingNJOC40237811 Mea LaneLong Beach Township$699,000
PendingNJOC4025341507 N Central AveSurf City$769,900
PendingNJOC4026745708 Ocean #U2Beach Haven$775,000
PendingNJOC4019362 E 12th StBarnegat Light$799,000
PendingNJOC4018426 CohassetLong Beach Township$799,000
PendingNJOC398400226 E 3rd StBeach Haven$849,900
PendingNJOC399336116 9th StBeach Haven$889,000
PendingNJOC3994628 Buckingham AveHarvey Cedars$895,000
PendingNJOC4029106611 Long Beach BlvdLong Beach Township$989,000
PendingNJOC4029705313 Long Beach BlvdHarvey Cedars$999,999
PendingNJOC395270417 Coral St #EBeach Haven$1,149,000
PendingNJOC390628706 S Bay AveBeach Haven$1,198,000
PendingNJOC40281212 N 9th StSurf City$1,199,000
PendingNJOC40114844-D Sandy Island DriveLong Beach Township$1,349,000
PendingNJOC40150219 E 37thLong Beach Township$1,399,000
PendingNJOC4028029 E 44thLong Beach Township$1,425,000
PendingNJOC4013241050-B Long Beach #BLong Beach Township$1,449,000
PendingNJOC4028101100 N Beach AveBeach Haven$1,450,000
PendingNJOC40005012 E 51st StLong Beach Township$1,499,000
PendingNJOC397288332 CranberryLong Beach Township$1,500,000
PendingNJOC401930219 Belvoir AveBeach Haven$1,599,000
PendingNJOC400704118 E SailboatLong Beach Township$1,699,000
PendingNJOC40221645 Buckingham AveHarvey Cedars$1,749,000
PendingNJOC394918128 E Ramapo LnLong Beach Township$1,895,000
PendingNJOC402516125 E 13th StShip Bottom$1,899,000
PendingNJOC39425095-C Long Beach Blvd. #CLong Beach Township$2,289,000
PendingNJOC400356101 E Tennessee AveLong Beach Township$2,299,000
PendingNJOC3997841089-B Long Beach Blvd. #BLong Beach Township$2,899,999
PendingNJOC4023401105 N Ocean AveSurf City$3,295,000
ClosedNJOC3991641410 Atlantic #2ND FLOORLong Beach Township$1,475
ClosedNJOC14125615 W South 33rd StLong Beach Township$500,000
ClosedNJOC39952011 E 21st StLong Beach Township$665,000
ClosedNJOC401410600-9 N Delaware Ave #9Beach Haven$711,000
ClosedNJOC400618272 N 10th StSurf City$850,000
ClosedNJOC395660228 W 27th StShip Bottom$870,000
ClosedNJOC40035024 S 2nd StSurf City$875,000
ClosedNJOC39569286 Arnold BlvdLong Beach Township$950,000
ClosedNJOC3998101093-B Long Beach BoulevardLong Beach Township$965,000
ClosedNJOC4007242 E GoldsboroughLong Beach Township$999,000
ClosedNJOC395832111 N 1st StSurf City$1,050,000
ClosedNJOC3996241 E Burlington AveHarvey Cedars$1,080,000
ClosedNJOC3952741701 West AveBeach Haven$1,100,000
ClosedNJOC403172102 E South CarolinaLong Beach Township$1,100,000
ClosedNJOC40077218 42ndLong Beach Township$1,200,000
ClosedNJOC39545410 Drexel AveSurf City$1,200,000
ClosedNJOC137608121-A Long Beach BlvdLong Beach Township$1,250,000
ClosedNJOC14199811 E 75th StHarvey Cedars$1,627,500
ClosedNJOC397922107 N Ocean AveSurf City$1,815,000
ClosedNJOC396188127 E 21st StShip Bottom$1,900,000
ClosedNJOC3983566212 Ocean Blvd.Long Beach Township$2,100,000
ClosedNJOC386828200 S Atlantic AveBeach Haven$2,200,000
ClosedNJOC39879297c Long Beach BlvdLong Beach Township$3,075,000
ClosedNJOC400420208 E South 32ndLong Beach Township$3,100,000
ClosedNJOC39866484-A Bayview AveLong Beach Township$4,300,000
WithdrawnNJOC39378220 Amber St #A4Beach Haven$539,000
WithdrawnNJOC400284122 E 29th StShip Bottom$699,900
CanceledNJOC39969611 E 21stLong Beach Township$699,000
CanceledNJOC400166110 N Bay AveBeach Haven$699,000
CanceledNJOC400162108 N Bay AveBeach Haven$799,000
CanceledNJOC40038224 S 2nd StSurf City$899,000
CanceledNJOC400164110 N Bay AveBeach Haven$1,399,000
CanceledNJOC386914200 S Atlantic AveBeach Haven$2,395,000
ExpiredNJOC3972106 E Maryland AveLong Beach Township$499,000
ExpiredNJOC3972086 E Maryland AveLong Beach Township$499,000
ExpiredNJOC39592823 E SurfLong Beach Township$750,000
ExpiredNJOC395628228 W 27th StShip Bottom$899,000
ExpiredNJOC3885361109-B Long Beach BlvdLong Beach Township$3,950,000
ExpiredNJOC393088144 DuneLong Beach Township$6,299,999

LBI New Jersey Real Estate Sales Analysis

Once again, there were more pending sales than closed sales in a given week. Inventory continues to be the most challenging aspect of the LBI real estate market at present. There are only about 285 homes for sale on all of Long Beach Island and a good number of those, by my estimation 75-100, have a contract on them already. Buyers have to be careful and seller should be listing their homes! For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 9/20/2020-9/27/2020 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:

Why is the LBI Real Estate Market on Fire?

Five Factors that Determine Value in the LBI Real Estate Market

Buyer Closing Costs in the LBI Real Estate Market