Long Beach Island Real Estate Market Update 12/23/2018-12/31/2018

Long Beach Island Real Estate Market Update 12/23/2018-12/31/2018

Weekly Home Sale Update for the Long Beach Island NJ Real Estate Market 12/23/2018-12/31/2018

Long Beach Island Real Estate

When getting ready to buy, sell, or invest in the Long Beach Island NJ real estate market is to understand the current activity. To help with this, I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. In this week’s update, the last of 2018, you will find the LBI real estate market update for the week of 12/23/2018-12/31/2018. you can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame.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:

  • 10 new listings entered the market with an average price of $1,111,000 (rounded)
  • Only 3 listings went under contact which is too small of a sample size to derive a meaningful average
  • 10 properties sold on Long Beach Island with an average price of $1,034,000 (rounded)
  • 17 listings were either withdrawn of expired in the LBI real estate market

LBI Real Estate Market Update 12/16/2018-12/22/2018

Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status “A” means the property is active, “P” means the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.

Property TypeMLS#Street NumberStreet NameMunicipalityCurrent PriceBeds TotalBaths FullBaths HalfSq Ft TotalDOM
Rental4055240A1710Long Beach BlvdShip Bottom$3,500 000094
CONDO4036315A519OceanShip Bottom$440,000 220576401
SF4058596A39thBarnegat Light$580,000 3211,0085
SF4058598A12East 21st StreetBarnegat Light$995,000 4211,8005
SF4058385A8East Essex AvenueHarvey Cedars$1,175,000 6312,49612
SF4058384A8East Essex AvenueHarvey Cedars$1,175,000 6312,49612
SF4058630A1005Barnegat AveShip Bottom$1,350,000 5312,6972
SF4058624A30210thShip Bottom$1,450,000 5312,8453
SF4058575A156MarinaLong Beach Twp$1,949,000 5413,9001
SF4058632A3225thSurf City$1,995,000 5322,7002
SF4058226P2108CentralBarnegat Light$499,000 3111,24831
SF4051347P205Nautilus DriveLong Beach Twp$935,000 3111,248166
SF4047983P32 DLong BeachLong Beach Twp$2,995,000 5325,261230
CONDO4033148W101EnglesideBeach Haven Borough$579,000 210810461
SF4053012W27427thShip Bottom$948,000 0001,56355
SF4050197W6DrexelSurf City$1,399,000 5312,300174
SF4053882W10DrexelSurf City$1,399,000 5312,300100
SF4043227W131-ALaguna LaneLong Beach Twp$2,199,000 5313,047329
SF4049795V1619BarnegatShip Bottom$559,000 6201,800188
SF4048041C20715thShip Bottom$425,000 2111,500159
SF4056771C21111thBeach Haven Borough$555,000 31097225
SF4045294C15South 31stLong Beach Twp$634,900 3201,70034
SF3077561C4HOBARTLong Beach Twp$755,000 4302,15087
SF4056920C32North 25th StreetSurf City$820,000 4211,20013
SF4053011C27427thShip Bottom$865,000 3201,56355
SF4049602C4201Long BeachLong Beach Twp$1,200,000 5301,928162
SF4034684C701BroadwayBarnegat Light$1,200,000 4201,750434
SF4047660C101LillieLong Beach Twp$1,300,000 4311,952229
SF4030538C14Seaview Drive SouthLong Beach Twp$2,600,000 5413,090474
CONDO4053601X2021stLong Beach Twp$400,000 3101,000112
SF4047986X419CentreBeach Haven Borough$550,000 0001,78626
Mul4051339X8005Long BeachLong Beach Twp$595,000 0001,760166
SF4051420X8005Long BeachLong Beach Twp$595,000 6201,760162
SF4029006X1113thLong Beach Twp$699,900 3111,120529
SF4051359X4BuckinghamHarvey Cedars$724,888 3201,846114
SF4049299X4Mac EvoyLong Beach Twp$729,000 4211,752208
Land4049258X10-CLong BeachLong Beach Twp$875,000 0000214
SF4055159X100IndianaLong Beach Twp$995,000 5202,50088
SF4051652X30410thShip Bottom$1,245,000 5312,750158
SF4048000X124South 31stLong Beach Twp$1,749,999 5412,645222
SF4055123X25BarnegatHarvey Cedars$1,998,000 4312,85091

Long Beach Island Real Estate Sales Analysis

The data shown this week in the LBI real estate market is again typical for the end of the year. There were not many pending contacts which does not surprise me given the bulk of this week took place over Christmas. The average price of a home has remained steady and overall activity looked to be strong. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI Real Estate Market Update for the week of 12/16/2018-12/22/2018 please do not hesitate to contact me.

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

More LBI Real Estate Information:

Long Beach Island Average Days on the Market

LBI Real Estate Active Listing Market Activity