LBI Real Estate Daily Market Update November 14th 2024

High Tides Digital Marketing
Nov 14, 2024
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for November 14th 2024

LBI Real Estate Daily Market Update November 14th 2024

Long Beach Island Real Estate Sales Market Update November 14th 2024

Today's LBI NJ real estate market update showed normal activity with a good mix of all sale categories. There was a new listing, some pending sales, and further evidence that the Long Beach Island real estate market is still very busy. Buyers seem to be happy with the current state of inventory and interest rates, with confidence running high. Today's LBI real estate market is as follows:

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

LBI Real Estate Daily Market Update November 14th 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	NJOC2030106	38 New Jersey Avenue U	Long Beach Township	LBI Real Estate Market	$899,000
Active Under Contract	NJOC2027922	1095 Long Beach Blvd #B	Long Beach Township	LBI Real Estate Market	$10,000,000
Pending	NJOC2024614	814 W Bay Club Ln	Beach Haven	LBI Real Estate Market	$1,699,000
Closed	NJOC2026986	215 S Long Beach Blvd	Surf City	LBI Real Estate Market	$1,900,000
Temporary Off Market	NJOC2022012	146 E Ohio Ave	Long Beach Township	LBI Real Estate Market	$8,900,000
Canceled	NJOC2029236	103 E 86th Sea Glass	Long Beach Township	LBI Real Estate Market	$1,749,000

Inventory has been falling as buyers have been picking up the new listings that were entering the market over the fall. Fall is a busy time for new listings in the LBI real estate market, and now that we are in the holiday season, new listing activity is dropping off. If past patterns continue, late January and February will be the next big season for new listing activity in the Long Beach Island, NJ, real estate market. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.