Long Beach Island Real Estate Sales Market Update December 13th 2022

Long Beach Island Real Estate Sales Market Update December 13th 2022

Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 13th 2022

Long Beach Island Real Estate Sales Market Update December 13th 2022

The LBI real estate market saw a rather high amount of activity today. There were more pending sales than new listings, and once again, we saw a commercial property listed for sale. Over the past week, we have seen a higher-than-average number of commercial listings come on the market. This is worth mentioning since commercial real estate tends to be a slower segment of the LBI real estate sales market.

  • 2 new listings came up for sale in the LBI real estate market
  • 3 homes went under contract on LBI
  • 1 home sold on Long Beach Island
  • 0 homes saw a price reduction in the LBI real estate market

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


LBI Real Estate Daily Market Update December 13th 2022

Below is a breakdown of all changes and transactions that took place in the LBI real estate market today.

Last Change TypeMLS #AddressCityCurrent Price
New ActiveNJOC2015334108 N Bay AveBeach Haven$1,598,000
New ActiveNJOC2015118232 W 16th St WShip Bottom$1,695,000
Active Under ContractNJOC201458012400 Ocean AveLong Beach Township$3,299,000
PendingNJOC2014028375 W 6th StShip Bottom$799,999
PendingNJOC2014026375 W 6th StShip Bottom$799,999
ClosedNJOC20072064 E Goodrich AveLong Beach Township$3,369,000
ExpiredNJOC201072023 E 38th #UNIT ABeach Haven$1,999,000

The LBI real estate market has seen a surge in interest and activity. Part of this can be explained by interest rates falling. Over the past couple of weeks, rates have generally fallen, and it is likely that some buyers who were hesitating are now acting! Inventory has dropped to about 120 single family homes for sale on Long Beach Island. If you have any questions about buying, selling, or investing in the LBI real estate market, 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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