LBI Real Estate Daily Market Update February 15th 2023

High Tides Digital Marketing
Feb 16, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for February 15th 2023

LBI Real Estate Daily Market Update February 15th 2023

Long Beach Island Real Estate Sales Market Update February 15th 2023

The LBI real estate market saw strong activity on February 15th 2023. There was a balanced mix of new listings, pending sales and closed transactions. Balance seems to be the current trend with inventory remaining low, and new listings being absorbed by eager buyers as they come along. Activity was as follows:

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

LBI Real Estate Daily Market Update February 15th 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	Current Price
New Active	NJOC2016500	111 E 29th St	Ship Bottom	$2,499,000
New Active	NJOC2016482	3 E Surf Ave	Beach Haven	$2,699,000
Price Decrease	NJOC2015728	20 E 7th St	Beach Haven	$2,595,000
Price Decrease	NJOC2014274	6110 Long Beach	Long Beach Township	$970,000
Active Under Contract	NJOC2016368	310 S West Ave #C-2	Beach Haven	$675,000
Active Under Contract	NJOC2014744	1020-A Long Beach Blvd	Long Beach Township	$2,599,000
Active Under Contract	NJOC2016442	19 W Roosevelt Ave	Long Beach Township	$1,995,000
Closed	NJOC2015852	4206 Long Beach #E	Long Beach Township	$1,012,000
Closed	NJOC2011948	2214 Beach Avenue	Long Beach Township	$1,295,000

The pending sales today show the range of the LBI real estate market. There was a condo for $675, a single-family home for just under $2,000,000, and another single-family home for $2,600,000. While prices throughout the Long Beach Island real estate market have increased over the last two years, there are still plenty of options in all price points. It just takes patience and an understanding of the market to buy the right home! If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.