LBI Real Estate Daily Market Update August 9th 2023

High Tides Digital Marketing
Aug 9, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for August 9th 2023

LBI Real Estate Daily Market Update August 9th 2023

Long Beach Island Real Estate Sales Market Update August 9th 2023

The LBI real estate market saw a lot of activity today, and most of it was new listings and pending sales. As expected, now that we have had a few days of increased inventory, pending sales have picked up. Long Beach Island NJ real estate market activity was as follows for today:

3 new listings came up for sale in the LBI real estate market
4 homes went under contract on LBI
1 home sold on Long Beach Island
1 home saw a price reduction in the LBI real estate market

LBI Real Estate Daily Market Update August 9th 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
Coming Soon	NJOC2020380	14 E 17th St	Barnegat Light	LBI	$2,400,000
Coming Soon	NJOC2020352	256 N 13th St	Surf City	LBI	$2,495,000
New Active	NJOC2020400	6513 Harvest Ave	Harvey Cedars	LBI	$499,999
Price Decrease	NJOC2018818	907 N Central Ave	Surf City	LBI	$1,050,000
Active Under Contract	NJOC2020168	1916 W Bay Ter	Ship Bottom	LBI	$1,100,000
Pending	NJOC2017480	59 Holly Dr	Long Beach Township	LBI	$2,995,000
Pending	NJOC2019502	14 E Sigsbee Ave	Long Beach Township	LBI	$1,499,000
Pending	NJOC2018560	381 W 11th St	Ship Bottom	LBI	$1,699,000
Closed	NJOC2012802	2015 Beach Avenue	Long Beach Township	LBI	$2,858,000
Canceled	NJOC2017048	5 W 17th	Long Beach Township	LBI	$2,490,000
Expired	NJOC2016210	9 E Harmony	Beach Haven	LBI	$1,450,000

The types of homes that transacted today run a wide range of prices and locations. We saw some pending sales being marketed and sold as knockdowns, and others sold as high-end beach homes. This wide range of prices and buyer behavior shows that the LBI real estate market is still attracting buyers with many different goals. Above all else, activity is still very strong 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.