Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 26th 2023
Long Beach Island Real Estate Sales Market Update July 26th 2023 
Long Beach Island Real Estate Sales Market Update July 26th 2023 
Long Beach Island Real Estate Sales Market Update July 26th 2023
Long Beach Island Real Estate Sales Market Update July 26th 2023
It was a busy day in the LBI real estate market, but interestingly enough, there were no pending sales! The activity was dominated by new listings and closed transactions. Both of which are helpful in understanding the LBI real estate market. We need inventory, so new listings are always welcomed, and the closed sales give good insight on to where the market is trading.
- 4 new listings came up for sale in the LBI real estate market
- 0 homes went under contract on LBI
- 4 homes sold on Long Beach Island
- 1 home saw a price reduction in the LBI real estate market and one raised it’s price
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Daily Market Update July 26th 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 | Area | Current Price |
| New Active | NJOC2019874 | 242 W 15th St | Ship Bottom | LBI | $1,205,000 |
| New Active | NJOC2020050 | 15 E New York Ave | Long Beach Township | LBI | $2,749,999 |
| New Active | NJOC2020064 | 303 W 4th St | Ship Bottom | LBI | $2,199,000 |
| New Active | NJOC2020010 | 214 E 15th | Long Beach Township | LBI | $4,350,000 |
| Price Decrease | NJOC2019294 | 5704 Long Beach | Long Beach Township | LBI | $875,000 |
| Price Increase | NJOC2018738 | 43 N 6th Street | Surf City | LBI | $3,149,000 |
| Closed | NJOC2019832 | 261 W 19th St | Ship Bottom | LBI | $2,400,000 |
| Closed | NJOC2018556 | 67-A,B,C Long Beach Blvd | Long Beach Township | LBI | $5,900,000 |
| Closed | NJOC2019206 | 900 N Beach Ave #24 | Beach Haven | LBI | $625,000 |
| Closed | NJOC2018080 | 39 N 6th St | Surf City | LBI | $2,925,000 |
Currently, there are only 104 active listings in the LBI real estate market when searching for single-family homes. That is a very low number and flirting with an all time record low. Looking at the average price of a closed sale today, it comes in at just under $3,000,000! This shows that buyers are still very confident in the LBI real estate market! 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.
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