Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 9/6/2020-9/13/2020
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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 You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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- 4 listings were either withdrawn of expired in the LBI real estate market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
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PENDING or ACTIVE UNDER CONTRACT means the property is under contract (pending), “C” means the property sold and WITHDRAWN, CANCELED or EXPIRED means the property failed to sell or was a duplicate listing.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 Type | MLS # | Address | City | Current Price – Decimal |
Coming Soon | NJOC402554 | 2 E Nebraska Ave | Long Beach Township | $1,149,000 |
Coming Soon | NJOC402516 | 125 E 13th St | Ship Bottom | $1,899,000 |
Coming Soon | NJOC402552 | 103 Nebraska | Long Beach Township | $2,199,000 |
New Active | NJOC402238 | 287 W 16th St | Ship Bottom | $629,000 |
New Active | NJOC402638 | 2 E Oceanview Dr | Long Beach Township | $699,000 |
New Active | NJOC402540 | 2 E Oceanview Dr | Long Beach Township | $699,000 |
New Active | NJOC402464 | 248 N 2nd St | Surf City | $739,000 |
New Active | NJOC401986 | 357 N 1st St | Surf City | $750,000 |
New Active | NJOC402534 | 1507 N Central Ave | Surf City | $769,900 |
New Active | NJOC402674 | 5708 Ocean #U2 | Beach Haven | $775,000 |
New Active | NJOC402646 | 5 W 22nd St | Barnegat Light | $779,000 |
New Active | NJOC402330 | 10 Auburn | Long Beach Township | $799,000 |
New Active | NJOC402388 | 261 W 19th St | Ship Bottom | $799,000 |
New Active | NJOC402738 | 1058-B Long Beach #B | Long Beach Township | $899,000 |
New Active | NJOC402476 | 2300 N Central Ave | Surf City | $899,000 |
New Active | NJOC402556 | 1 E. California Ave. | Long Beach Township | $959,000 |
New Active | NJOC402546 | 310 S Atlantic Ave #U1, U2, & U3 | Beach Haven | $975,000 |
New Active | NJOC402524 | 407 Coral St #U2 | Beach Haven | $990,000 |
New Active | NJOC402678 | 7 E Virginia | Long Beach Township | $1,199,000 |
New Active | NJOC402596 | 308 W 4th St | Ship Bottom | $1,200,000 |
New Active | NJOC402612 | 5303-A Long Beach Boulevard Blvd | Harvey Cedars | $1,299,000 |
New Active | NJOC402586 | 9310 Mark | Long Beach Township | $1,420,000 |
New Active | NJOC402714 | 74 Arnold Blvd | Long Beach Township | $1,499,000 |
New Active | NJOC402666 | 107 Marine | Long Beach Township | $1,850,000 |
New Active | NJOC402338 | 12 N 11th St | Surf City | $1,999,999 |
New Active | NJOC402528 | 32 11th Street | Surf City | $2,199,000 |
New Active | NJOC402632 | 913 S Atlantic Ave | Beach Haven | $2,299,999 |
New Active | NJOC401596 | 1807 N Ocean Ave | Surf City | $2,580,000 |
New Active | NJOC402660 | 332 I Cranberry | Long Beach Township | $2,795,900 |
New Active | NJOC402724 | 127d Long Beach #D | Long Beach Township | $2,799,000 |
New Active | NJOC402504 | 7213 Ocean | Long Beach Township | $3,799,000 |
New Active | NJOC402390 | 125 E Nebraska | Long Beach Township | $3,850,000 |
New Active | NJOC402490 | 2601 S Long Beach Blvd | Long Beach Township | $4,395,000 |
Back to Active | NJOC399958 | 309 W 10th St | Ship Bottom | $879,900 |
Back to Active | NJOC398216 | 211 11th St | Beach Haven | $1,395,000 |
Price Decrease | NJOC400682 | 7903 Long Beach Blvd #B | Long Beach Township | $329,000 |
Price Decrease | NJOC400860 | 226 W 14th St St W | Ship Bottom | $489,000 |
Price Decrease | NJOC400536 | 901 Ocean Ave #931 | Ship Bottom | $689,000 |
Price Decrease | NJOC402234 | 220 Chatsworth Ave #FRONT | Beach Haven | $799,000 |
Price Decrease | NJOC399308 | 515 S Bay Ave | Beach Haven | $1,375,000 |
Price Decrease | NJOC401324 | 1050-B Long Beach #B | Long Beach Township | $1,449,000 |
Price Decrease | NJOC400720 | 121 E Sand Dune | Long Beach Township | $1,494,000 |
Price Decrease | NJOC399754 | 171-A Long Beach Boulevard | Long Beach Township | $3,875,000 |
Price Increase | NJOC401472 | 12900 Long Beach #B | Beach Haven | $685,000 |
Price Increase | NJOC396760 | 358 N 6th St | Surf City | $985,000 |
Active Under Contract | NJOC402226 | 315 5th St #2 | Beach Haven | $399,900 |
Active Under Contract | NJOC399250 | 9 Amherst | Long Beach Township | $739,000 |
Active Under Contract | NJOC402300 | 9 Tebco Ter | Long Beach Township | $999,000 |
Active Under Contract | NJOC402138 | 244 W 12th St | Ship Bottom | $999,000 |
Active Under Contract | NJOC398822 | 3400-A Long Beach #A | Long Beach Township | $1,035,000 |
Active Under Contract | NJOC400504 | 205 E 28th St | Long Beach Township | $1,895,000 |
Active Under Contract | NJOC400500 | 205 E 28th St | Long Beach Township | $1,895,000 |
Pending | NJOC401916 | 23 N 10th St | Surf City | $1,500 |
Pending | NJOC400436 | 1810 Central Ave #9 | Ship Bottom | $419,000 |
Pending | NJOC396006 | 1815 Bay Ter | Ship Bottom | $690,000 |
Pending | NJOC400668 | 216 S Bay Ave | Beach Haven | $749,000 |
Pending | NJOC402284 | 4601 Long Beach | Long Beach Township | $825,000 |
Pending | NJOC398016 | 1305 Central Ave | Ship Bottom | $899,000 |
Pending | NJOC399586 | 1053b-Unit 2 Long Beach Blvd | Long Beach Township | $964,000 |
Pending | NJOC402204 | 118 S Central Ave | Surf City | $1,150,000 |
Pending | NJOC402436 | 330 Dolphin Ave | Beach Haven | $1,399,000 |
Pending | NJOC397460 | 101 E 23rd St | Long Beach Township | $1,649,000 |
Pending | NJOC401284 | 215 Nautilus Drive | Long Beach Township | $1,895,000 |
Pending | NJOC399512 | 15 3rd St | Surf City | $1,995,000 |
Pending | NJOC402286 | 1001c Long Beach Blvd | Long Beach Township | $2,599,000 |
Pending | NJOC394822 | 1901 Virginia Ave | Beach Haven | $2,999,000 |
Closed | NJOC400414 | 220 Liberty Ave E | Beach Haven | $90,000 |
Closed | NJOC387138 | 1405 Long Beach Blvd | Long Beach Township | $460,000 |
Closed | NJOC400948 | 108 Division Ave | Surf City | $550,000 |
Closed | NJOC401554 | 245 N 17th St | Surf City | $650,000 |
Closed | NJOC138048 | 1072-A Long Beach Blvd | Long Beach Township | $670,000 |
Closed | NJOC400958 | 15 Hodgson Lane | Long Beach Township | $765,000 |
Closed | NJOC396126 | 40 4th W #8 | Barnegat Light | $780,000 |
Closed | NJOC399950 | 227 W 5th St | Ship Bottom | $812,000 |
Closed | NJOC401076 | 339 W 14th St | Ship Bottom | $910,000 |
Closed | NJOC395288 | 209 W 22nd St | Ship Bottom | $950,000 |
Closed | NJOC399032 | 368 W 7th St | Ship Bottom | $999,000 |
Closed | NJOC396922 | 1078-E Long Beach Blvd #1 | Long Beach Township | $1,100,000 |
Closed | NJOC396946 | 46 Arnold | Long Beach Township | $1,150,000 |
Closed | NJOC394588 | 1067-B Long Beach Blvd | Long Beach Township | $1,225,000 |
Closed | NJOC137966 | 8 Pershing Ave | Long Beach Township | $1,260,000 |
Closed | NJOC402616 | 425 5th St | Beach Haven | $1,375,000 |
Closed | NJOC392314 | 12711-Beach Ave. Beach | Long Beach Township | $1,606,250 |
Closed | NJOC400698 | 124 South 31st St | Long Beach Township | $1,725,000 |
Closed | NJOC397500 | 221 Oceana Dr | Long Beach Township | $1,749,000 |
Closed | NJOC399106 | 805 S Bay Ave | Beach Haven | $1,800,000 |
Closed | NJOC398312 | 29 N 11th St | Surf City | $1,800,000 |
Closed | NJOC399104 | 5104 S Long Beach Blvd | Long Beach Township | $1,900,000 |
Closed | NJOC398832 | 356 Dusty Miller Dr | Long Beach Township | $1,949,000 |
Closed | NJOC399408 | 101 Rose Ct | Long Beach Township | $2,200,000 |
Closed | NJOC398724 | 213 E 32nd | Long Beach Township | $2,225,000 |
Closed | NJOC395912 | 13406 Garden Ct | Long Beach Township | $2,250,000 |
Closed | NJOC395376 | 87 Bayview Ave | Long Beach Township | $3,600,000 |
Temporary Off Market | NJOC402590 | 401 Broadway #6 | Barnegat Light | $399,000 |
Temporary Off Market | NJOC401368 | 1127-A Long Beach #A | Long Beach Township | $1,499,000 |
Canceled | NJOC392908 | 17 E 76th St E #4 | Harvey Cedars | $145,500 |
Expired | NJOC397968 | 28 28th | Long Beach Township | $12,666 |
Expired | NJOC387474 | 20 Buckingham Ave | Harvey Cedars | $865,000 |
Expired | NJOC140004 | 21 Buckingham Ave | Harvey Cedars | $1,800,000 |
Expired | NJOC396476 | 400 Jefferis Ave | Beach 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market
More LBI Real Estate Information:
Getting Ready to Sell in the LBI Real Estate Market
Buyer Closing Costs in the LBI Real Estate Market