LBI Real Estate Daily Market Update July 11th 2024

High Tides Digital Marketing
Jul 11, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 11th 2024

LBI Real Estate Daily Market Update July 11th 2024

Long Beach Island Real Estate Sales Market Update July 11th 2024

The activity in today's LBI real estate market update showed several new listings and two closed sales. Interestingly enough, there were no pending sales today! Pending sales have been low this week in the LBI real estate market, but this is not really a bad thing. Inventory has been slow, and pending sales have been outpacing new listings for a few weeks. This will give inventory a chance to catch up and give buyers some new options! Activity in today's Long Beach Island real estate market update is as follows:

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

LBI Real Estate Daily Market Update July 11th 2024

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	NJOC2027096	115 E Virginia Ave	Long Beach Township	LBI Real Estate Market	$3,999,000
New Active	NJOC2027102	29 Antioch	Long Beach Township	LBI Real Estate Market	$2,000,000
New Active	NJOC2027092	5302 S Long Beach Blvd #3	Long Beach Township	LBI Real Estate Market	$400,000
New Active	NJOC2027006	14 W 6th St	Barnegat Light	LBI Real Estate Market	$2,150,000
Closed	NJOC2025534	27 E 46th	Long Beach Township	LBI Real Estate Market	$2,630,000
Closed	NJOC2025698	615 Barnegat Ave	Ship Bottom	LBI Real Estate Market	$1,060,000
Withdrawn	NJOC2024674	2 E 28th St	Barnegat Light	LBI Real Estate Market	$4,800,000

There were 7 changes to the Long Beach Island real estate market today, and the majority of this activity was new listings. To be fair, one of these listings is already on the market, so this is a bit of a duplicate listing, but in any case, inventory grew today on LBI! This is helpful news for buyers who continue to face a drastic shortage of homes for sale in the Long Beach Island 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.