LBI Real Estate Weekly Sales Update 9/27-2020-10/4/2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 9/27-2020-10/4/2020

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 9/27-2020-10/4/2020: It was a very busy week in the Long Beach Island NJ real estate market. There was a grand total of 143 changes to the MLS and this activity was spread across all categories of the market. 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 You can review all the active, pending, sold, and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 37 new listings entered the market with an average price of $1,164,243
  • 135 listings went under contract with an average listing price of about $1,297,494
  • 37 properties sold on Long Beach Island with an average price of $1,285,388
  • 19 listings were either withdrawn of expired in the LBI real estate market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

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 9/27-2020-10/4/2020

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC40359210 W Stanton AveLong Beach Township$869,000
Coming SoonNJOC4032568 W 87th StLong Beach Township$949,000
Coming SoonNJOC403682429-431 Engleside AveBeach Haven$999,000
Coming SoonNJOC403200420 Nelson AveBeach Haven$2,795,000
New ActiveNJOC403552220 Liberty Ave #9Beach Haven$119,000
New ActiveNJOC40354017 W 76th Unit 4 St #4Harvey Cedars$145,500
New ActiveNJOC4033387700 Long Beach #ALong Beach Township$405,000
New ActiveNJOC40348820 Amber St #C2Beach Haven$464,900
New ActiveNJOC403456137 E Maryland Ave E #4Long Beach Township$499,900
New ActiveNJOC40306217 W WashingtonLong Beach Township$699,900
New ActiveNJOC403626901 Ocean Ave #925Ship Bottom$719,000
New ActiveNJOC4036768800 Long Beach BlvdLong Beach Township$724,900
New ActiveNJOC40332845-C N 18th St #1Surf City$759,000
New ActiveNJOC4031763 E SeabreezeLong Beach Township$785,000
New ActiveNJOC403662108 N Bay AveBeach Haven$799,000
New ActiveNJOC403408230 W 17th St WShip Bottom$819,900
New ActiveNJOC40348211 Warwick AveHarvey Cedars$829,000
New ActiveNJOC400620303 South 2nd StreetSurf City$875,000
New ActiveNJOC40364810 44thLong Beach Township$899,000
New ActiveNJOC40359032 W 32nd #C6Long Beach Township$950,000
New ActiveNJOC403638316 W 10th StShip Bottom$979,000
New ActiveNJOC403562328 Coral StBeach Haven$999,000
New ActiveNJOC403518126 E 7th StShip Bottom$1,175,000
New ActiveNJOC4035221106 S Bay AveBeach Haven$1,199,000
New ActiveNJOC4036341042-C Long Beach Boulevard #CLong Beach Township$1,200,000
New ActiveNJOC40354223 E CoughlanLong Beach Township$1,325,000
New ActiveNJOC403650135 W Maryland #1Long Beach Township$1,349,000
New ActiveNJOC403496104 W Indiana AveLong Beach Township$1,399,000
New ActiveNJOC40336434 W Holly DrLong Beach Township$1,399,000
New ActiveNJOC4034444004 OceanLong Beach Township$1,450,000
New ActiveNJOC40334216 E 19th StLong Beach Township$1,479,000
New ActiveNJOC403600127 W New Jersey AveLong Beach Township$1,599,999
New ActiveNJOC4035809000 BeachLong Beach Township$1,650,000
New ActiveNJOC40334831 MeaLong Beach Township$1,799,000
New ActiveNJOC4034068 Seaview Dr SLong Beach Township$2,475,000
New ActiveNJOC40343811 WebsterLong Beach Township$2,499,000
New ActiveNJOC40341816 E 85th StHarvey Cedars$2,995,000
Back to ActiveNJOC39696814 Osborn AveLong Beach Township$749,000
Back to ActiveNJOC40191426 N 24th StSurf City$1,100,000
Price DecreaseNJOC40147212900 Long Beach #BBeach Haven$615,000
Price DecreaseNJOC400536901 Ocean Ave #931Ship Bottom$683,000
Price DecreaseNJOC403664110 N Bay AveBeach Haven$699,000
Price DecreaseNJOC400892107 W Delaware AveLong Beach Township$699,500
Price DecreaseNJOC400884107 W Delaware AveLong Beach Township$699,500
Price DecreaseNJOC40026619 E Weldon PlLong Beach Township$849,000
Price DecreaseNJOC4025561 E. California Ave.Long Beach Township$895,000
Price DecreaseNJOC4010668 Olsen AveHarvey Cedars$939,000
Price DecreaseNJOC402524407 Coral St #U2Beach Haven$969,000
Price DecreaseNJOC4024249 Colorado AveLong Beach Township$994,000
Price DecreaseNJOC400270100 W South 33rd StLong Beach Township$999,900
Price DecreaseNJOC4006641003-C Long Beach Blvd #CLong Beach Township$2,798,000
Price IncreaseNJOC394944365 W 8th St #3Ship Bottom$615,000
Active Under ContractNJOC401732214 Leeward Ave #ABeach Haven$549,999
Active Under ContractNJOC3999102 W BayberryLong Beach Township$729,000
Active Under ContractNJOC40044428 38thLong Beach Township$959,500
Active Under ContractNJOC40024828 38thLong Beach Township$959,500
Active Under ContractNJOC40310055 Bayview AveLong Beach Township$1,029,000
Active Under ContractNJOC402296807 S Beach AveBeach Haven$1,259,500
Active Under ContractNJOC399308515 S Bay AveBeach Haven$1,375,000
Active Under ContractNJOC4025869310 Mark DrLong Beach Township$1,420,000
Active Under ContractNJOC3903002 Marine StBeach Haven$3,999,999
PendingNJOC4028722300 Long Beach Blvd #5Ship Bottom$525,000
PendingNJOC403576329 Holyoke AveBeach Haven$585,000
PendingNJOC402974407 N Delaware AveBeach Haven$699,000
PendingNJOC3992509 AmherstLong Beach Township$739,000
PendingNJOC403018349 N 2nd StSurf City$759,000
PendingNJOC40165620 Lange AveHarvey Cedars$849,000
PendingNJOC40314611 W CoughlanLong Beach Township$849,000
PendingNJOC402994102 W 20th StShip Bottom$850,000
PendingNJOC403568331 Holyoke AveBeach Haven$879,000
PendingNJOC40000413 E 17th StLong Beach Township$880,000
PendingNJOC40027213 E 17thLong Beach Township$880,000
PendingNJOC4000001053b-Unit 1 Long Beach BlvdLong Beach Township$949,000
PendingNJOC4028461905 N Atlantic AveLong Beach Township$995,000
PendingNJOC399554314 W 4th StShip Bottom$999,900
PendingNJOC40281212 N 9th StSurf City$1,199,000
PendingNJOC40262034-B Long Beach #BLong Beach Township$1,250,000
PendingNJOC40162228 AuburnLong Beach Township$1,345,000
PendingNJOC40201014 E 50th StLong Beach Township$1,489,000
PendingNJOC403288312 W 19th StShip Bottom$1,499,900
PendingNJOC39808685-A Long Beach Blvd #ALong Beach Township$1,589,000
PendingNJOC4005525311-A Long Beach Blvd #AHarvey Cedars$1,599,000
PendingNJOC4032921061-A Long Beach #ALong Beach Township$1,895,000
PendingNJOC3920982 E 70th StHarvey Cedars$2,049,000
PendingNJOC40111211 E 77th StHarvey Cedars$2,399,000
PendingNJOC4015961807 N Ocean AveSurf City$2,580,000
PendingNJOC402724127d Long Beach #DLong Beach Township$2,799,000
ClosedNJOC4004361810 Central Ave #9Ship Bottom$400,000
ClosedNJOC4014666 Auburn Rd.Long Beach Township$495,000
ClosedNJOC400138130 Chatsworth Ave #5Beach Haven$505,000
ClosedNJOC4017283601 Long Beach Blvd #U3Long Beach Township$545,000
ClosedNJOC392646280 N 15th StSurf City$580,000
ClosedNJOC4006665 W 33rd StreetLong Beach Township$620,000
ClosedNJOC398424204 S Pennsylvania AveBeach Haven$629,000
ClosedNJOC401292130 S West Ave #105Beach Haven$682,500
ClosedNJOC3997962501 Long Beach Blvd S #CLong Beach Township$699,000
ClosedNJOC401508223 W 18th StShip Bottom$741,000
ClosedNJOC394942319 5th StBeach Haven$750,000
ClosedNJOC401196102 Rooservelt Ave W #6Long Beach Township$780,000
ClosedNJOC400744219 W 18th StShip Bottom$835,000
ClosedNJOC3993742517 Long Beach Blvd S #3Long Beach Township$883,500
ClosedNJOC400054115 E OceanviewLong Beach Township$955,000
ClosedNJOC3995861053b-Unit 2 Long Beach BlvdLong Beach Township$975,000
ClosedNJOC4014541100-H Long BeachLong Beach Township$1,067,000
ClosedNJOC3947781814 Bay TerraceLong Beach Township$1,070,000
ClosedNJOC401546201 N 2nd StSurf City$1,100,000
ClosedNJOC39985457-D Sunset BlvdLong Beach Township$1,127,500
ClosedNJOC394258273 N 7th StSurf City$1,225,000
ClosedNJOC40112417 E Texas AveLong Beach Township$1,243,750
ClosedNJOC400634122 E 32ndLong Beach Township$1,350,000
ClosedNJOC40150219 E 37thLong Beach Township$1,399,000
ClosedNJOC40077436 N 12th StSurf City$1,500,100
ClosedNJOC402436330 Dolphin AveBeach Haven$1,525,000
ClosedNJOC39881815 N 7th StSurf City$1,530,000
ClosedNJOC40038620 Beacon DrLong Beach Township$1,600,000
ClosedNJOC397460101 E 23rd StLong Beach Township$1,600,000
ClosedNJOC402666107 MarineLong Beach Township$1,870,000
ClosedNJOC394918128 E Ramapo LnLong Beach Township$1,890,000
ClosedNJOC3978046105 Long Beach BlvdHarvey Cedars$1,925,000
ClosedNJOC3992861 MississippiLong Beach Township$1,967,000
ClosedNJOC398066142 W NewportLong Beach Township$2,245,000
ClosedNJOC398514517 Shore AveShip Bottom$2,500,000
ClosedNJOC40188630 Panorama DrLong Beach Township$2,750,000
ClosedNJOC39549683-C Long BeachLong Beach Township$4,000,000
Temporary Off MarketNJOC400090421 2nd StBeach Haven$937,000
WithdrawnNJOC40165420 Lange AveHarvey Cedars$849,000
WithdrawnNJOC403666110 N Bay AveBeach Haven$1,399,000
WithdrawnNJOC14036010 6th StBeach Haven$3,400,000
WithdrawnNJOC14035010 6th StBeach Haven$3,400,000
CanceledNJOC4035503205 Ocean Unit 1 BlvdLong Beach Township$119,000
CanceledNJOC141640907-909 N Bay AveBeach Haven$949,000
ExpiredNJOC38658820 Amber St #C2Beach Haven$465,000
ExpiredNJOC39378220 Amber St #A4Beach Haven$539,000
ExpiredNJOC39742417 W WashingtonLong Beach Township$699,900
ExpiredNJOC3969361 KimberlyLong Beach Township$799,000
ExpiredNJOC3964681 E KimberlyLong Beach Township$799,000
ExpiredNJOC386778328 Norwood AveBeach Haven$1,295,000
ExpiredNJOC395580117 MarinersLong Beach Township$1,425,000
ExpiredNJOC395042117 Mariner LnLong Beach Township$1,425,000
ExpiredNJOC3981561101 S Bay AveBeach Haven$1,499,999
ExpiredNJOC3961321208 West AveBeach Haven$1,699,000
ExpiredNJOC3922881123-B Long Beach #BLong Beach Township$2,475,000
ExpiredNJOC3827081900 Virginia AveBeach Haven$4,295,000

LBI New Jersey Real Estate Sales Analysis

There was a net gain in new listings this week (by 2 homes) meaning more new inventory came on the market than went under contract. Still, the market is starved for inventory and competition is high among buyers. Currently, there are less than 200 properties for sale in the LBI real estate market which is a shockingly low number. 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 9/27-2020-10/4/2020 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

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