LBI Real Estate Daily Market Update June 6th 2024
- High Tides Digital Marketing
- Jun 6, 2024
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 6th 2024
Long Beach Island Real Estate Sales Market Update June 6th 2024
It was another busy day in the LBI real estate market. While this Long Beach Island real estate market update has about half as many changes as yesterday's, the activity still points to some consistency in the current market trends. We are still seeing a high number of pending home sales, and inventory continues to remain low. Unfortunately, only one house came on the market today, so there was little help in the number of homes for sale on Long Beach Island. Activity in the LBI real estate market was as follows for today:
1 new listing came up for sale in the LBI real estate market
3 homes went under contract on LBI
2 homes sold on Long Beach Island
1 home saw a price reduction in the LBI real estate market
LBI Real Estate Daily Market Update June 6th 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 | Zip Code | Current Price |
Coming Soon | NJOC2026360 | 373 W 8th St | Zip Code 08008 | $1,249,000 | ||
Price Decrease | NJOC2017734 | 2 W Cleveland | LBI | Zip Code 08008 | $5,249,000 | |
Pending | NJOC2024638 | 125 Herbert Ave | LBI | Zip Code 08008 | $2,800,000 | |
Pending | NJOC2024500 | 122 E 20th St | LBI | Zip Code 08008 | $1,890,000 | |
Pending | NJOC2025064 | 125 SE 34th St | Zip Code 08008 | $1,999,999 | ||
Closed | NJOC2023962 | 1 Hudson Ave | Zip Code 08008 | $2,299,000 | ||
Closed | NJOC2024746 | 243 W 11th St | LBI | Zip Code 08008 | $932,500 |
The activity in the LBI real estate market was spread out today. A nice home was listed on the bayside in Ship Bottom for under $1,250,000, and the three pending sales were all under $3,000,000, including an oceanfront home in Beach Haven Park. One of the sold homes in today's LBI real estate market update was under $1,000,000! This shows that there still exists a wide range of options for home buyers on Long Beach Island. Today, June 6th, 2024, marks the 80th anniversary of the D-Day landings in France, which helped to end the Second World War. We should all take a moment to remember the enormous sacrifices made by so many young individuals in service of our great nation that day. If you have any questions about buying, selling, or investing in the LBI real estate market, 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
