LBI Real Estate Daily Market Update May 31st 2024
- High Tides Digital Marketing
- May 31, 2024
- 3 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 31st 2024
Long Beach Island Real Estate Sales Market Update May 31st 2024
The month of May ended on a very strong note with one of the most active days we have seen in recent memory! There were a total of 19 changes to the MLS today! The activity was concentrated on new listings and pending home sales on LBI. There were several new listings and several pending sales to balance things out. Long Beach Island real estate market activity was as follows today:
7 new listings came up for sale in the LBI real estate market
7 homes went under contract on LBI
0 homes sold on Long Beach Island
0 homes saw a price reduction in the LBI real estate market
LBI Real Estate Daily Market Update May 31st 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 | NJOC2026238 | 1001 Ocean #C1001 | Ship Bottom | LBI | Zip Code 08008 | $949,000 |
Coming Soon | NJOC2026184 | 15 E 36th | Long Beach Township | LBI | Zip Code 08008 | $1,859,000 |
New Active | NJOC2026256 | 220 Liberty Ave #1 | Beach Haven | LBI | Zip Code 08008 | $169,900 |
New Active | NJOC2026144 | 336 N 6th Street | Surf City | LBI | Zip Code 08008 | $1,299,999 |
New Active | NJOC2026232 | 1 W 13th St | Barnegat Light | LBI | Zip Code 08008 | $1,499,000 |
New Active | NJOC2026196 | 4205 Ocean Blvd | Long Beach Township | LBI | Zip Code 08008 | $2,690,000 |
New Active | NJOC2026258 | 6 N 21st St | Surf City | LBI | Zip Code 08008 | $6,500,000 |
Back to Active | NJOC2024698 | 1123-C Long Beach | Long Beach Township | LBI | Zip Code 08008 | $3,750,000 |
Active Under Contract | NJOC2025064 | 125 SE 34th St | Long Beach Township | LBI | Zip Code 08008 | $1,999,999 |
Active Under Contract | NJOC2023774 | 51 N 21st St | Surf City | LBI | Zip Code 08008 | $2,595,000 |
Pending | NJOC2023998 | 340 Kentford Ave | Beach Haven | LBI | Zip Code 08008 | $1,575,000 |
Pending | NJOC2025728 | 1220 Barnegat Ave | Ship Bottom | LBI | Zip Code 08008 | $1,600,000 |
Pending | NJOC2024916 | 100 E Muriel | Long Beach Township | LBI | Zip Code 08008 | $1,795,000 |
Pending | NJOC2025534 | 27 E 46th | Long Beach Township | LBI | Zip Code 08008 | $2,749,900 |
Pending | NJOC2026126 | 10 E 20th | Long Beach Township | LBI | Zip Code 08008 | $2,850,000 |
Temporary Off Market | NJOC2024002 | 340 Kentford Ave #UNIT 2 | Beach Haven | LBI | Zip Code 08008 | $750,000 |
Temporary Off Market | NJOC2024000 | 340 Kentford Ave #UNIT 1 | Beach Haven | Zip Code 08008 | $875,000 | |
Temporary Off Market | NJOC2022092 | 2615 Central Ave #A | Ship Bottom | LBI | Zip Code 08008 | $999,999 |
Withdrawn | NJOC2026078 | 435 N 3rd St | Surf City | LBI | Zip Code 08008 | $1,975,000 |
It is interesting that one of the most active days in the LBI real estate market was comprised almost entirely of new lsitngs and pending sales-and that those two numbers balanced each other out! The positive is most of the new listings have not previously been on the market, so fresh inventory is always a welcomed change for home buyers in the LBI real estate market. Clearly, demand is still strong, and buyers are active on Long Beach Island. Tomorrow is the first day of June, which means Summer 2024 is about to kick off on Long Beach Island New Jersey! 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
