LBI Real Estate Daily Market Update July 27th 2023

High Tides Digital Marketing
Jul 27, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 27th 2023

LBI Real Estate Daily Market Update July 27th 2023

Long Beach Island Real Estate Sales Market Update July 27th 2023

The LBI real estate market saw balanced activity across the board today. There were a few more new listings today, which is helpful since inventory is so low on Long Beach Island, but even with the new listings over the past couple of days, the number of homes on LBI are still very low.

3 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
1 homes saw a price reduction in the LBI real estate market

LBI Real Estate Daily Market Update July 27th 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	Area	Current Price
New Active	NJOC2020094	51 N 21st St	Surf City	LBI	$2,895,000
New Active	NJOC2019590	5506 Holly Avenue	Harvey Cedars	LBI	$4,850,000
New Active	NJOC2019866	242 W 15th St	Ship Bottom	LBI	$1,205,000
Price Decrease	NJOC2019032	9000 Beach Ave	Long Beach Township	LBI	$2,399,000
Active Under Contract	NJOC2017424	5111 West	Long Beach Township	LBI	$1,350,000
Closed	NJOC2018052	234 W 10th St	Ship Bottom	LBI	$890,000
Canceled	NJOC2015952	51 N 21st St	Surf City	LBI	$2,895,000

Only around 100 single-family homes are currently for sale in the LBI real estate market. Today's activity shows that activity is still rather balanced. One of the new listings was an expired listing, so technically there were only 2 new listings that entered the market today. Activity is still strong, and summer is in full swing on LBI! If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.