LBI NJ Real Estate Market Update April 24th 2019
- High Tides Digital Marketing
- Apr 24, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for April 24th 2019
Long Beach Island Real Estate
LBI NJ Real Estate Market Update April 24th Whereas yesterday the Long Beach Island saw a high number of pending sales, today saw a high number of new listings and price drops. There were 7 new listings, 5 price reductions, 1 pending sale and 1 closing today. Below is a list of all activity in the LBI real estate market on Long Beach Island.
LBI NJ Real Estate Market Update April 24th 2019
Type | Chg Type | Street Number | Street Name | Municipality | Area | Current Price | Sq Ft Total | DOM |
SF | NEW | 228 | 17th | Surf City | LBI | $759,000 | 1,152 | 2 |
COM | NEW | 6332 | Long Beach | Harvey Cedars | LBI | $19,500 | 0 | 2 |
SF | NEW | 1094 | Long Beach | Long Beach Twp | LBI | $719,000 | 1,344 | 2 |
SF | NEW | 202 | 21st | Ship Bottom | LBI | $550,000 | 780 | 1 |
SF | NEW | 11 | Beardsley | Long Beach Twp | LBI | $779,900 | 960 | 0 |
SF | NEW | 1010 | Long Beach | Long Beach Twp | LBI | $949,000 | 1,948 | 4 |
SF | NEW | 1120A | North Beach | Long Beach Twp | LBI | $739,000 | 1,204 | 1 |
SF | DOWN | 519 | Ocean | Surf City | LBI | $2,475,000 | 3,184 | 206 |
SF | DOWN | 1215 | Central | Ship Bottom | LBI | $819,999 | 2,310 | 48 |
INOW | DOWN | 11 | 74th Unit 2 | Harvey Cedars | LBI | $125,000 | 950 | 131 |
SF | DOWN | 13 | Buckingham | Harvey Cedars | LBI | $1,949,000 | 3,975 | 89 |
SF | DOWN | 25 | Barnegat | Harvey Cedars | LBI | $1,797,000 | 2,850 | 97 |
SF | K | 2706 | Long Beach | Long Beach Twp | LBI | $1,450,000 | 4,257 | 152 |
SF | C | 30 | Panorama | Long Beach Twp | LBI | $925,000 | 960 | 214 |
SF | X | 1010 | Long Beach | Long Beach Twp | LBI | $939,000 | 1,948 | 169 |
APT | X | 330 | Coral | Beach Haven Borough | LBI | $874,900 | 1,200 | 182 |
Of the 16 changes to the LBI real estate market today, 12 were either new listings or price reductions. These categories clearly dominated activity on Long Beach Island. This is not a bad thing. The LBI real estate market needs inventory, especially new inventory like we saw today. Overall the market is performing well this spring. 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 | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
