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
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 Type||MLS #||Address||City||Current Price|
|New Active||NJOC2015334||108 N Bay Ave||Beach Haven||$1,598,000|
|New Active||NJOC2015118||232 W 16th St W||Ship Bottom||$1,695,000|
|Active Under Contract||NJOC2014580||12400 Ocean Ave||Long Beach Township||$3,299,000|
|Pending||NJOC2014028||375 W 6th St||Ship Bottom||$799,999|
|Pending||NJOC2014026||375 W 6th St||Ship Bottom||$799,999|
|Closed||NJOC2007206||4 E Goodrich Ave||Long Beach Township||$3,369,000|
|Expired||NJOC2010720||23 E 38th #UNIT A||Beach 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 | firstname.lastname@example.org
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