LBI Real Estate Weekly Sales Update 9/6/2020-9/13/2020

LBI Real Estate Weekly Sales Update 9/6/2020-9/13/2020

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 9/6/2020-9/13/2020

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 9/6/2020-9/13/2020: There were a total 100 changes to the Long Beach Island real estate market this week. This represents a significant drop off in transactions compared to past weeks. This is not uncommon for this time of year as families adjust to a new school routine, something made even hard in the age 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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 33 new listings entered the market with an average price of $1,593,691
  • 21 listings went under contact with an average listing price of about $1,247,400
  • 27 properties sold on Long Beach Island with an average price of $1,353,713
  • 4 listings were either withdrawn of expired in the LBI real estate market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 9/6/2020-9/13/2020

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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 SoonNJOC4025542 E Nebraska AveLong Beach Township$1,149,000
Coming SoonNJOC402516125 E 13th StShip Bottom$1,899,000
Coming SoonNJOC402552103 NebraskaLong Beach Township$2,199,000
New ActiveNJOC402238287 W 16th StShip Bottom$629,000
New ActiveNJOC4026382 E Oceanview DrLong Beach Township$699,000
New ActiveNJOC4025402 E Oceanview DrLong Beach Township$699,000
New ActiveNJOC402464248 N 2nd StSurf City$739,000
New ActiveNJOC401986357 N 1st StSurf City$750,000
New ActiveNJOC4025341507 N Central AveSurf City$769,900
New ActiveNJOC4026745708 Ocean #U2Beach Haven$775,000
New ActiveNJOC4026465 W 22nd StBarnegat Light$779,000
New ActiveNJOC40233010 AuburnLong Beach Township$799,000
New ActiveNJOC402388261 W 19th StShip Bottom$799,000
New ActiveNJOC4027381058-B Long Beach #BLong Beach Township$899,000
New ActiveNJOC4024762300 N Central AveSurf City$899,000
New ActiveNJOC4025561 E. California Ave.Long Beach Township$959,000
New ActiveNJOC402546310 S Atlantic Ave #U1, U2, & U3Beach Haven$975,000
New ActiveNJOC402524407 Coral St #U2Beach Haven$990,000
New ActiveNJOC4026787 E VirginiaLong Beach Township$1,199,000
New ActiveNJOC402596308 W 4th StShip Bottom$1,200,000
New ActiveNJOC4026125303-A Long Beach Boulevard BlvdHarvey Cedars$1,299,000
New ActiveNJOC4025869310 MarkLong Beach Township$1,420,000
New ActiveNJOC40271474 Arnold BlvdLong Beach Township$1,499,000
New ActiveNJOC402666107 MarineLong Beach Township$1,850,000
New ActiveNJOC40233812 N 11th StSurf City$1,999,999
New ActiveNJOC40252832 11th StreetSurf City$2,199,000
New ActiveNJOC402632913 S Atlantic AveBeach Haven$2,299,999
New ActiveNJOC4015961807 N Ocean AveSurf City$2,580,000
New ActiveNJOC402660332 I CranberryLong Beach Township$2,795,900
New ActiveNJOC402724127d Long Beach #DLong Beach Township$2,799,000
New ActiveNJOC4025047213 OceanLong Beach Township$3,799,000
New ActiveNJOC402390125 E NebraskaLong Beach Township$3,850,000
New ActiveNJOC4024902601 S Long Beach BlvdLong Beach Township$4,395,000
Back to ActiveNJOC399958309 W 10th StShip Bottom$879,900
Back to ActiveNJOC398216211 11th StBeach Haven$1,395,000
Price DecreaseNJOC4006827903 Long Beach Blvd #BLong Beach Township$329,000
Price DecreaseNJOC400860226 W 14th St St WShip Bottom$489,000
Price DecreaseNJOC400536901 Ocean Ave #931Ship Bottom$689,000
Price DecreaseNJOC402234220 Chatsworth Ave #FRONTBeach Haven$799,000
Price DecreaseNJOC399308515 S Bay AveBeach Haven$1,375,000
Price DecreaseNJOC4013241050-B Long Beach #BLong Beach Township$1,449,000
Price DecreaseNJOC400720121 E Sand DuneLong Beach Township$1,494,000
Price DecreaseNJOC399754171-A Long Beach BoulevardLong Beach Township$3,875,000
Price IncreaseNJOC40147212900 Long Beach #BBeach Haven$685,000
Price IncreaseNJOC396760358 N 6th StSurf City$985,000
Active Under ContractNJOC402226315 5th St #2Beach Haven$399,900
Active Under ContractNJOC3992509 AmherstLong Beach Township$739,000
Active Under ContractNJOC4023009 Tebco TerLong Beach Township$999,000
Active Under ContractNJOC402138244 W 12th StShip Bottom$999,000
Active Under ContractNJOC3988223400-A Long Beach #ALong Beach Township$1,035,000
Active Under ContractNJOC400504205 E 28th StLong Beach Township$1,895,000
Active Under ContractNJOC400500205 E 28th StLong Beach Township$1,895,000
PendingNJOC40191623 N 10th StSurf City$1,500
PendingNJOC4004361810 Central Ave #9Ship Bottom$419,000
PendingNJOC3960061815 Bay TerShip Bottom$690,000
PendingNJOC400668216 S Bay AveBeach Haven$749,000
PendingNJOC4022844601 Long BeachLong Beach Township$825,000
PendingNJOC3980161305 Central AveShip Bottom$899,000
PendingNJOC3995861053b-Unit 2 Long Beach BlvdLong Beach Township$964,000
PendingNJOC402204118 S Central AveSurf City$1,150,000
PendingNJOC402436330 Dolphin AveBeach Haven$1,399,000
PendingNJOC397460101 E 23rd StLong Beach Township$1,649,000
PendingNJOC401284215 Nautilus DriveLong Beach Township$1,895,000
PendingNJOC39951215 3rd StSurf City$1,995,000
PendingNJOC4022861001c Long Beach BlvdLong Beach Township$2,599,000
PendingNJOC3948221901 Virginia AveBeach Haven$2,999,000
ClosedNJOC400414220 Liberty Ave EBeach Haven$90,000
ClosedNJOC3871381405 Long Beach BlvdLong Beach Township$460,000
ClosedNJOC400948108 Division AveSurf City$550,000
ClosedNJOC401554245 N 17th StSurf City$650,000
ClosedNJOC1380481072-A Long Beach BlvdLong Beach Township$670,000
ClosedNJOC40095815 Hodgson LaneLong Beach Township$765,000
ClosedNJOC39612640 4th W #8Barnegat Light$780,000
ClosedNJOC399950227 W 5th StShip Bottom$812,000
ClosedNJOC401076339 W 14th StShip Bottom$910,000
ClosedNJOC395288209 W 22nd StShip Bottom$950,000
ClosedNJOC399032368 W 7th StShip Bottom$999,000
ClosedNJOC3969221078-E Long Beach Blvd #1Long Beach Township$1,100,000
ClosedNJOC39694646 ArnoldLong Beach Township$1,150,000
ClosedNJOC3945881067-B Long Beach BlvdLong Beach Township$1,225,000
ClosedNJOC1379668 Pershing AveLong Beach Township$1,260,000
ClosedNJOC402616425 5th StBeach Haven$1,375,000
ClosedNJOC39231412711-Beach Ave. BeachLong Beach Township$1,606,250
ClosedNJOC400698124 South 31st StLong Beach Township$1,725,000
ClosedNJOC397500221 Oceana DrLong Beach Township$1,749,000
ClosedNJOC399106805 S Bay AveBeach Haven$1,800,000
ClosedNJOC39831229 N 11th StSurf City$1,800,000
ClosedNJOC3991045104 S Long Beach BlvdLong Beach Township$1,900,000
ClosedNJOC398832356 Dusty Miller DrLong Beach Township$1,949,000
ClosedNJOC399408101 Rose CtLong Beach Township$2,200,000
ClosedNJOC398724213 E 32ndLong Beach Township$2,225,000
ClosedNJOC39591213406 Garden CtLong Beach Township$2,250,000
ClosedNJOC39537687 Bayview AveLong Beach Township$3,600,000
Temporary Off MarketNJOC402590401 Broadway #6Barnegat Light$399,000
Temporary Off MarketNJOC4013681127-A Long Beach #ALong Beach Township$1,499,000
CanceledNJOC39290817 E 76th St E #4Harvey Cedars$145,500
ExpiredNJOC39796828 28thLong Beach Township$12,666
ExpiredNJOC38747420 Buckingham AveHarvey Cedars$865,000
ExpiredNJOC14000421 Buckingham AveHarvey Cedars$1,800,000
ExpiredNJOC396476400 Jefferis AveBeach Haven$1,990,000

LBI New Jersey Real Estate Sales Analysis

Roughly a third of the week’s activity was in the form of new listings. This is GREAT news for the LBI real estate market which has been suffering from historically low inventory levels. There were a good number of closings this week as well. For the second week in a row, new listings outpaced pending sales resulting in a new inventory gain. Overall, the LBI real estate market is doing very well and shows little sign of slowing down. 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 9/6/2020-9/13/2020 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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