LBI Real Estate Daily Market Update July 8th 2024

High Tides Digital Marketing
Jul 8, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for July 8th 2024

LBI Real Estate Daily Market Update July 8th 2024

Long Beach Island Real Estate Sales Market Update July 8th 2024

Today's LBI real estate market update had a total of 14 changes to the MLS, and activity was spread across new listings, pending sales, and closed transactions. The Long Beach Island real estate market has been very busy this past week, but buyer activity is very high.

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

LBI Real Estate Daily Market Update July 8th 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	NJOC2026916	907 N Bay Avenue, First Floor	Beach Haven	LBI Real Estate Market	$60,000
New Active	NJOC2026966	450 Dock Rd	Beach Haven	LBI Real Estate Market	$1,249,000
New Active	NJOC2027024	10610 Beach Ave	Long Beach Township	LBI Real Estate Market	$2,495,000
Price Decrease	NJOC2026562	325 S 2nd St	Surf City	LBI Real Estate Market	$950,000
Pending	NJOC2026842	20 W Joshua Ave	Long Beach Township	LBI Real Estate Market	$1,199,999
Pending	NJOC2026010	116 E 28th St	Ship Bottom	LBI Real Estate Market	$1,599,000
Pending	NJOC2026448	123 Wyoming	Long Beach Township	LBI Real Estate Market	$6,999,999
Closed	NJOC2023530	905 N Bay Ave	Beach Haven	LBI Real Estate Market	$30,000
Closed	NJOC2025642	23 W Sailboat Ln	Long Beach Township	LBI Real Estate Market	$1,250,000
Closed	NJOC2023306	105 N Central Ave	Surf City	LBI Real Estate Market	$2,450,000
Canceled	NJOC2024982	1210 Long Beach Blvd #C2	Long Beach Township	LBI Real Estate Market	$379,000
Canceled	NJOC2024984	1210 Long Beach Blvd #C1	Long Beach Township	LBI Real Estate Market	$379,000
Canceled	NJOC2024988	1210 Unit B Long Beach Blvd	Long Beach Township	LBI Real Estate Market	$1,875,000
Canceled	NJOC2024978	1210 Unit A Long Beach Blvd	Long Beach Township	LBI Real Estate Market	$1,875,000

Last week was the first week in some time that we saw more new listings than pending sales, and it appears that buyers are reacting in kind. With some new inventory on the market, buyers are actively looking and scooping up homes that make sense to buy in the Long Beach Island real estate market. There was a balance of new listings and pending sales today, but as we see more inventory come along, pending sales will likely rise and surpass current levels. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.