Long Beach Island Real Estate Sales Market Update Friday June 23rd 2023

Long Beach Island Real Estate Sales Market Update Friday June 23rd 2023

Long Beach Island NJ (LBI NJ) Real Estate Market Update for Friday June 23rd 2023

Long Beach Island Real Estate Sales Market Update Friday June 23rd 2023

Today ended a busy week for the Long Beach Island real estate sales market. There were several new listings that came on the market, but there were an equally high number of pending sales. As we have seen, the LBI real estate market is in a good state of balance. Activity for today was as follows in the LBI real estate market:

  • 5 new listings came up for sale in the LBI real estate market
  • 5 homes went under contract on LBI
  • 3 homes sold on Long Beach Island
  • 2 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 Friday June 23rd 2023

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 ActiveNJOC201936610001 Highland #ALong Beach Township$1,175,000
New ActiveNJOC20193645104 WestLong Beach Township$1,399,000
New ActiveNJOC20193626105-Unit 1 Long Beach BlvdLong Beach Township$499,000
New ActiveNJOC201917417 W 4th StBarnegat Light$2,250,000
New ActiveNJOC20193081610 Bayview AveBarnegat Light$2,499,000
Price DecreaseNJOC201881412900 Long BeachLong Beach Township$550,000
Price DecreaseNJOC201732667-D Long Beach BlvdLong Beach Township$7,950,000
Active Under ContractNJOC201466811902 Long BeachLong Beach Township$1,299,000
Active Under ContractNJOC20164481013 N Central AveSurf City$879,000
Active Under ContractNJOC2018256101 N 1st StSurf City$1,999,999
Active Under ContractNJOC201124448 A Long Beach BlvdLong Beach Township$2,050,000
Active Under ContractNJOC20114665 E 79th StHarvey Cedars$2,895,000
ClosedNJOC201845221 W Maryland AveLong Beach Township$925,000
ClosedNJOC2017358228 W 6th StShip Bottom$999,999
ClosedNJOC201820812213 Ocean AveLong Beach Township$5,200,000
Temporary Off MarketNJOC20186605 E DaytonLong Beach Township$1,695,000
Temporary Off MarketNJOC20190343705 S Long Beach BlvdLong Beach Township$4,850,000

Sales in the LBI real estate market continue to be strong. Buyers are clearly activate, and a well-priced home will sell. When I say. “well priced”, I do not mean the home needs to be underpriced. Rather, buyers are aware of market value, and if a home is priced in line with the market, it will sell! We still see some homes sell over list price, for example, 21 W Maryland which closed today, sold over ask. 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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