LBI Real Estate Daily Market Update March 19th 2020
- High Tides Digital Marketing
- Mar 19, 2020
- 3 min read
Long Beach Island Real Estate Daily Sales Update March 19th 2020
LBI Real Estate Daily Market Update March 19th 2020: There were a total 30 changes to the Long Beach Island real estate market today. As the world and the financial markets continue to deal with the coronavirus, it is helpful to still see strong activity in the LBI real estate market. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a daily, weekly, and monthly sales update for the Long Beach Island real estate market. You can access my monthly analysis of home sales here. The LBI real estate market saw the following activity today:
19 new listings entered the market
2 listings went under contact
2 properties sold on Long Beach Island
2 properties came back on the market for sale
LBI Real Estate Daily Market Update March 19th 2020
Last Change Type | Cat | Address | City | Current Price |
New Active | LAND | 102 Rooservelt Ave W #10 | Long Beach Township | $32,500 |
New Active | RES | 15 W Sailboat Lane | Long Beach Township | $649,000 |
New Active | RES | 510 N Bay Ave #2-7 | Beach Haven | $659,000 |
New Active | RES | 510 N Bay Ave #2-3 | Beach Haven | $659,000 |
New Active | RES | 510 N Bay Ave #2-8 | Beach Haven | $679,000 |
New Active | RES | 510 N Bay Ave #2-6 | Beach Haven | $679,000 |
New Active | RES | 510 N Bay Ave #3-7 | Beach Haven | $689,000 |
New Active | RES | 510 N Bay Ave #3-3 | Beach Haven | $689,000 |
New Active | RES | 510 N Bay Ave #3-8 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-6 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-4 | Beach Haven | $699,000 |
New Active | RES | 510 N Bay Ave #3-9 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #2-9 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #3-1 | Beach Haven | $719,000 |
New Active | RES | 510 N Bay Ave #3-2 | Beach Haven | $729,000 |
New Active | RES | 510 N Bay Ave #2-2 | Beach Haven | $729,000 |
New Active | RES | 510 N Bay Ave #3-10 | Beach Haven | $779,000 |
New Active | RES | 112 32nd | Long Beach Township | $799,900 |
New Active | RES | 510 N Bay Ave #2-10 | Beach Haven | $819,000 |
Back to Active | RES | 256 Pompano Dr | Long Beach Township | $1,395,000 |
Price Decrease | COM | 10 W 17th St | Barnegat Light | $649,000 |
Price Decrease | RES | 10 W 17th St | Barnegat Light | $649,000 |
Price Decrease | RES | 24 W Connecticut (83rd St) Ave | Long Beach Township | $1,149,000 |
Price Decrease | RES | 215 E 14th St | Long Beach Township | $2,550,000 |
Active Under Contract | RES | 309 W 4th St | Ship Bottom | $649,900 |
Pending | RES | 30 W 5th St #16 | Barnegat Light | $699,000 |
Pending | RES | 258 N 12th St | Surf City | $999,000 |
Closed | RES | 312 N 5th St | Surf City | $612,500 |
Closed | RES | 5200 Long Beach | Long Beach Township | $705,000 |
Expired | RES | 248 27th St | Ship Bottom | $1,545,000 |
LBI New Jersey Real Estate Sales Analysis
So far we have not seen the coronavirus have an impact on the LBI real estate market but it is still very early on. The best way to track the impact of the coronavirus and the current economy is the number of homes back on the market. If this ends up being a higher than average number it could be a sign that the market is weakening. As for today's activity, there were a higher than average number of new listings. That has to do with the Victoria Rose condo development coming online in Beach Haven. Other than this, activity was pretty standard for today. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 11/17/2019-11/24/2019 please do not hesitate to contact me.
