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 Type | MLS # | Address | City | Current Price |
New Active | NJOC2019366 | 10001 Highland #A | Long Beach Township | $1,175,000 |
New Active | NJOC2019364 | 5104 West | Long Beach Township | $1,399,000 |
New Active | NJOC2019362 | 6105-Unit 1 Long Beach Blvd | Long Beach Township | $499,000 |
New Active | NJOC2019174 | 17 W 4th St | Barnegat Light | $2,250,000 |
New Active | NJOC2019308 | 1610 Bayview Ave | Barnegat Light | $2,499,000 |
Price Decrease | NJOC2018814 | 12900 Long Beach | Long Beach Township | $550,000 |
Price Decrease | NJOC2017326 | 67-D Long Beach Blvd | Long Beach Township | $7,950,000 |
Active Under Contract | NJOC2014668 | 11902 Long Beach | Long Beach Township | $1,299,000 |
Active Under Contract | NJOC2016448 | 1013 N Central Ave | Surf City | $879,000 |
Active Under Contract | NJOC2018256 | 101 N 1st St | Surf City | $1,999,999 |
Active Under Contract | NJOC2011244 | 48 A Long Beach Blvd | Long Beach Township | $2,050,000 |
Active Under Contract | NJOC2011466 | 5 E 79th St | Harvey Cedars | $2,895,000 |
Closed | NJOC2018452 | 21 W Maryland Ave | Long Beach Township | $925,000 |
Closed | NJOC2017358 | 228 W 6th St | Ship Bottom | $999,999 |
Closed | NJOC2018208 | 12213 Ocean Ave | Long Beach Township | $5,200,000 |
Temporary Off Market | NJOC2018660 | 5 E Dayton | Long Beach Township | $1,695,000 |
Temporary Off Market | NJOC2019034 | 3705 S Long Beach Blvd | Long 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
Click here to search all homes for sale in the Long Beach Island NJ real estate market.
You May Also Like the following:
Cost vs. Price in the Long Beach Island Real Estate Sales Market
Five Unique Trends in the Long Beach Island Real Estate Sales Market
Remote Working Has Changed the LBI Real Estate Market
LBI Real Estate Buyers Are Gaining Some Advantages in Negotiation