Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 5th 2024
Long Beach Island Real Estate Sales Market Update June 5th 2024
Today was a busy day in the LBI NJ real estate market, with a total of 14 changes in this Long Beach Island real estate market update. Overall, activity was spread across new listings, pending sales, and price drops, the latter of which is helpful for buyers in the LBI real estate market. There were a lot of withdrawn and expired listings today, which is a bit more common this time of year as homeowners pull their properties from the market for the summer season. Today’s LBI real estate market update is as follows:
- 2 new listings came up for sale in the LBI real estate market
- 3 homes went under contract on LBI
- 0 homes sold on Long Beach Island
- 5 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 June 5th 2024
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 | Zip Code | Current Price |
| Coming Soon | NJOC2026340 | 242 N 8th St | Surf City | LBI | Zip Code 08008 | $1,429,000 |
| New Active | NJOC2025934 | 27 N 1st St | Surf City | LBI | Zip Code 08008 | $3,599,999 |
| Back to Active | NJOC2022722 | 7706 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,395,000 |
| Price Decrease | NJOC2024988 | 1210 Unit B Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,875,000 |
| Price Decrease | NJOC2024978 | 1210 Unit A Long Beach Blvd | Long Beach Township | LBI | Zip Code 08008 | $1,875,000 |
| Price Decrease | NJOC2016894 | 704 Broadway | Barnegat Light | LBI | Zip Code 08008 | $3,500,000 |
| Price Decrease | NJOC2023504 | 17 Delaware Ave | Long Beach Township | LBI | Zip Code 08008 | $2,400,000 |
| Price Decrease | NJOC2024078 | 9-D Arnold | Long Beach Township | LBI | Zip Code 08008 | $2,250,000 |
| Active Under Contract | NJOC2021232 | 6 Carolina | Long Beach Township | LBI | Zip Code 08008 | $1,895,000 |
| Active Under Contract | NJOC2024698 | 1123-C Long Beach | Long Beach Township | LBI | Zip Code 08008 | $3,750,000 |
| Pending | NJOC2024590 | 9 W Hollybanks Ln | Long Beach Township | LBI | Zip Code 08008 | $1,459,000 |
| Withdrawn | NJOC2023928 | 2504, 2508, 2512 Long Beach Blvd | Ship Bottom | LBI | Zip Code 08008 | $1,649,000 |
| Withdrawn | NJOC2025432 | 315 Fairview Ave | Beach Haven | LBI | Zip Code 08008 | $2,149,000 |
| Expired | NJOC2022738 | 7706 Long Beach Blvd | Harvey Cedars | LBI | Zip Code 08008 | $1,395,000 |
Activyt in the LBI real estate market was centered on price drops, which we tend to see increase this time of year. While some owners prefer to pull their homes from the market, those who would like to sell quickly may be inclined to drop their prices and attract attention just before the summer season kicks off. The LBI real estate market is still very busy, as evidenced by more pending sales than new listings today, so a price drop is a good way to draw attention to an unsold listing. 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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