LBI Real Estate Daily Market Update June 7th 2024
- High Tides Digital Marketing
- Jun 7, 2024
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for June 7th 2024
Long Beach Island Real Estate Sales Market Update June 7th 2024
In today's LBI real estate market update, we have 10 changes to the MLS. The activity in the Long Beach Island real estate market was good with 2 new listings entering the market. The changes to the LBI real estate market were spread out, with a new listing in Brant Beach and another in Surf City. There were also 2 pending sales in Surf City today! Sales activity was as follows for today on Long Beach Island:
2 new listings came up for sale in the LBI real estate market
3 home went under contract on LBI
1 home sold on Long Beach Island
2 homes saw a price reduction in the LBI real estate market
LBI Real Estate Daily Market Update June 7th 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 |
New Active | NJOC2026338 | 242 N 8th St | LBI | Zip Code 08008 | $1,429,000 | |
New Active | NJOC2026398 | 116 W Harmony Ave | LBI | Zip Code 08008 | $1,649,900 | |
Price Decrease | NJOC2025024 | 335 S 2nd Street | LBI | Zip Code 08008 | $1,795,000 | |
Price Decrease | NJOC2023256 | 5403 Long Beach Blvd | LBI | Zip Code 08008 | $2,050,000 | |
Pending | NJOC2025508 | 43 N 9th St | Surf City | LBI | Zip Code 08008 | $1,499,000 |
Pending | NJOC2026032 | 19 E 87th | LBI | Zip Code 08008 | $1,600,000 | |
Pending | NJOC2020486 | 411 N 3rd St | LBI | Zip Code 08008 | $1,995,000 | |
Closed | NJOC2024596 | 13209 N Beach | LBI | Zip Code 08008 | $1,125,000 | |
Withdrawn | NJOC2024854 | 2307 Central Ave | Zip Code 08008 | $2,250,000 | ||
Canceled | NJOC2025616 | 43 N 9th St | LBI | Zip Code 08008 | $1,499,000 |
Inventory remains the biggest challenge to the LBI real estate sales market, and today's Long Beach Island real estate market update shows why. Even though it was a busy day, there were only 2 new listings compared to the three pending sales. The good news is that prices are still spread across the market, with a closed sale in Beach Haven Gardens trading just over $1,100,000 on the oceanside! 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
