LBI Real Estate Daily Market Update February 27 2021
- High Tides Digital Marketing
- Feb 27, 2021
- 2 min read
Long Beach Island Real Estate Daily Sales Update February 27 2021
LBI Real Estate Daily Market Update February 27 2021: There were a total 10 changes to the Long Beach Island real estate market today. 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:
1 new listing entered the market
3 listings went under contract
6 properties sold on Long Beach Island
0 listings were either withdrawn of expired in the LBI real estate market
0 properties came back on the market for sale
LBI Real Estate Daily Market Update February 27 2021
Last Change Type | MLS # | Address | City | Area | Current Price – Decimal |
New Active | NJOC407478 | 15 S 2nd St | Surf City | LBI | $1,599,000 |
Active Under Contract | NJOC407254 | 124 E 17th St #2 | Ship Bottom | LBI | $329,900 |
Active Under Contract | NJOC406550 | 109 N 3rd St | Surf City | LBI | $819,000 |
Active Under Contract | NJOC407376 | 2014 Beach Ave | Long Beach Township | LBI | $1,100,000 |
Closed | NJOC405090 | 333 N 7th Street | Surf City | LBI | $735,000 |
Closed | NJOC405888 | 300 W 18th St | Ship Bottom | LBI | $750,000 |
Closed | NJOC396968 | 14 Osborn | Long Beach Township | LBI | $755,000 |
Closed | NJOC404684 | 109 E Mermaid Lane | Long Beach Township | LBI | $975,000 |
Closed | NJOC403268 | 1023-B Long Beach Blvd | Long Beach Township | LBI | $1,465,000 |
Closed | NJOC405534 | 15 N 2nd St | Surf City | LBI | $1,550,000 |
LBI New Jersey Real Estate Sales Analysis
Activity was heavily favoring sold homes today with only 1 new listing and 9 pending or closed sales. This once again highlights the main issue in the LBI real estate market, the lack of inventory. Buyers have a harder time finding a good home to purchase, which is all the more reason for buyers to understand what determines value in the Long Beach Island real estate market. For more information about buying, selling or investing in the Long Beach Island real estate market or about LBI NJ Real Estate Sales Update February 27 2021 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
