LBI Real Estate Daily Market Update April 1st 2020
- High Tides Digital Marketing
- Apr 2, 2020
- 2 min read
Long Beach Island Real Estate Daily Sales Update April 1st 2020
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2020: The first day of the 2nd quarter started off with a lot of activity-roughly half of which were listings that were withdrawn or expired!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14 listings were either withdrawn of expired in the LBI real estate market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Withdrawn | RES | 511 N Bay Ave | Beach Haven | $949,000 |
Withdrawn | RES | 105 E 16th St #B | Ship Bottom | $1,075,000 |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
