LBI Real Estate Daily Market Update December 14th 2022
- High Tides Digital Marketing
- Dec 15, 2022
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for December 14th 2022
Long Beach Island Real Estate Sales Market Update December 14th 2022
The Long Beach Island real estate sales market saw balanced activity today. As the year closes out, it looks to be the trend of a roughly equal number of new listings and pending sales each day on LBI. This is a healthy market and one that will offer opportunities for both buyers and sellers alike.
2 new listings came up for sale in the LBI real estate market
1 home went under contract on LBI
1 home sold on Long Beach Island
0 homes saw a price reduction in the LBI real estate market
LBI Real Estate Daily Market Update December 14th 2022
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 | Current Price |
New Active | NJOC2015190 | 218 N 18th St #C2 | Surf City | $699,000 |
New Active | NJOC2015354 | 10 E 19th St | Barnegat Light | $2,125,000 |
Pending | NJOC2015368 | 25 N 13th Street | Surf City | $1,799,000 |
Closed | NJOC2011286 | 270 W 16th St | Ship Bottom | $907,500 |
Withdrawn | NJOC2013872 | 29 N 13th Street | Surf City | $3,299,000 |
Once again we did not see any price reductions in the LBI real estate market which would invite the conclusion that the "overpriced" homes have left the market. Now, it looks like we are in a more balanced and stable sales market where the majority of sellers have priced their home in accordance with the current market (which is still very high). 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
