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LBI Real Estate Daily Market Update April 1st 2020

  • Apr 2, 2020
  • 2 min read

Long Beach Island Real Estate Daily Sales Update April 1st 2020

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LBI Real Estate Daily Market Update April 1st 2020: The first day of the 2nd quarter started off with a lot of activity-roughly half of which were listings that were withdrawn or expired! In total there were 23 changes to the LBI real estate market. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a daily, weekly, and monthly sales update for the Long Beach Island real estate market. You can access my monthly analysis of home sales here. The LBI real estate market saw the following activity today:

  • 0 new listings entered the market

  • 2 listings went under contact

  • 4 properties sold on Long Beach Island

  • 14 listings were either withdrawn of expired in the LBI real estate market

  • 3 properties came back on the market for sale



LBI Real Estate Daily Market Update April 1st 2020

Last Change Type

Cat

Address

City

Current Price

Back to Active

MUL

3 E 6th St

Barnegat Light

$599,000

Back to Active

RES

21 E Oceanview Ave

Long Beach Township

$1,450,000

Back to Active

RES

2302 Bayview Ave

Barnegat Light

$1,499,000

Active Under Contract

COM

511 N Bay Ave

Beach Haven

$949,000

Active Under Contract

RES

256 Pompano Dr

Long Beach Township

$1,395,000

Closed

RES

413 N Barnegat Ave

Surf City

$702,000

Closed

RES

104 W Ohio

Long Beach Township

$787,128

Closed

RES

105 E 16th St #B

Ship Bottom

$1,020,000

Closed

RES

6 W Roosevelt Ave

Long Beach Township

$1,175,000

Withdrawn

RES

511 N Bay Ave

Beach Haven

$949,000

Withdrawn

RES

105 E 16th St #B

Ship Bottom

$1,075,000

Expired

RES

7700 Long Beach Blvd. #B

Long Beach Township

$339,000

Expired

LAND

368 W 7th St

Ship Bottom

$450,000

Expired

RES

202 W 17 St

Ship Bottom

$549,999

Expired

RES

17 W Washington

Long Beach Township

$699,900

Expired

RES

22 E 49th St #A

Long Beach Township

$997,000

Expired

RES

1079-B Long Beach Boulevard #B

Long Beach Township

$1,269,000

Expired

MUL

1079-B Long Beach Boulevard

Long Beach Township

$1,269,000

Expired

RES

29 N 4th St

Surf City

$1,385,000

Expired

COM

305 N Bay Ave

Beach Haven

$1,399,000

Expired

RES

262 W 15th St

Ship Bottom

$1,600,000

Expired

RES

14 E 84th St

Harvey Cedars

$2,495,000

Expired

RES

127d Long Beach Blvd

Long Beach Township

$2,995,000


LBI New Jersey Real Estate Sales Analysis

The market today highlights the challenges we are facing in the market right now. Inventory levels are low and as you can see from the above, no new inventory came on the market. As fears of coronavirus come under control (hopefully sooner than later) this will present a challenge for buyers on Long Beach Island. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI Real Estate Daily Market Update April 1st 2020 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


 
 
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