LBI Real Estate Daily Market Update July 16th 2024

High Tides Digital Marketing
Jul 16, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 16th 2024

LBI Real Estate Daily Market Update July 16th 2024

Long Beach Island Real Estate Sales Market Update July 16th 2024

Today's LBI real estate market update showed a significant amount of activity. In total, there were 15 changes to the MLS and the Long Beach Island real estate market. This activity was spread over new listings, pending sales, and closed transactions. The activity was as follows:

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

LBI Real Estate Daily Market Update July 16th 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
New Active	NJOC2027192	1092-B (West) Long Beach Blvd	Long Beach Township	LBI Real Estate Market	$2,395,000
New Active	NJOC2026912	237 N 20th St	Surf City	LBI Real Estate Market	$2,699,000
New Active	NJOC2027252	301 N Beach Ave	Beach Haven	LBI Real Estate Market	$3,495,000
New Active	NJOC2027096	115 E Virginia Ave	Long Beach Township	LBI Real Estate Market	$3,999,000
Price Decrease	NJOC2026052	51 N 24th Street	Surf City	LBI Real Estate Market	$1,399,000
Price Decrease	NJOC2025424	34 W Jeanette Ave	Long Beach Township	LBI Real Estate Market	$1,399,000
Price Decrease	NJOC2024670	2 E 28th St #B	Barnegat Light	LBI Real Estate Market	$2,195,000
Price Decrease	NJOC2026196	4205 Ocean Blvd	Long Beach Township	LBI Real Estate Market	$2,550,000
Active Under Contract	NJOC2023330	132-D Long Beach Boulevard	Long Beach Township	LBI Real Estate Market	$4,095,000
Pending	NJOC2025334	315 W 7th St	Ship Bottom	LBI Real Estate Market	$2,495,000
Pending	NJOC2027090	150-D Long Beach Blvd.	Long Beach Township	LBI Real Estate Market	$2,999,000
Pending	NJOC2023708	21 W 85th St	Harvey Cedars	LBI Real Estate Market	$4,999,000
Closed	NJOC2024748	8 E Maryland Ave	Long Beach Township	LBI Real Estate Market	$999,999
Closed	NJOC2023998	340 Kentford Ave	Beach Haven	LBI Real Estate Market	$1,499,000
Closed	NJOC2026586	2307 Central Ave	Barnegat Light	LBI Real Estate Market	$2,250,000

Today's Long Beach Island real estate market update shows how varied the market is. While most of the activity was in the higher price points, as demonstrated by the pending sales ranging from about $2,500,000 to almost $5,000,000, there was activity in the under $1,000,000 range also! In short, buyer activity and confidence are 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.