LBI Real Estate Daily Market Update September 18th 2023

High Tides Digital Marketing
Sep 18, 2023
2 min read

Long Beach Island NJ (LBI NJ) Real Estate Market Update for September 18th 2023

LBI Real Estate Daily Market Update September 18th 2023

Long Beach Island Real Estate Sales Market Update September 18th 2023

It was a pretty standard day for market activity on Long Beach Island New Jersey. There were several new listings, many of which have not previously been on the market, which is very helpful to the sales market on LBI. Activity in the LBI NJ real estate market was as follows:

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

LBI Real Estate Daily Market Update September 18th 2023

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
Coming Soon	NJOC2021298	221 4th St	Beach Haven	LBI	$1,599,000
New Active	NJOC2021198	11 Cox Ave #2	Harvey Cedars	LBI	$795,000
New Active	NJOC2021308	114 E 23rd St #11	Ship Bottom	LBI	$849,000
New Active	NJOC2021138	26 E Mariners	Long Beach Township	LBI	$1,450,000
Back to Active	NJOC2017500	100 Essex Ave	Beach Haven	LBI	$5,499,999
Active Under Contract	NJOC2018928	1603 Barnegat Ave	Ship Bottom	LBI	$1,199,000
Closed	NJOC2019602	15 W Muriel Ave	Long Beach Township	LBI	$2,350,000
Closed	NJOC2020814	220 W 21st St #2	Ship Bottom	LBI	$1,525
Temporary Off Market	NJOC2020222	6110 Long Beach	Long Beach Township	LBI	$950,000

We have been witnessing a back-and-forth between new listings and pending sales. As is typical for this time of year on Long Beach Island, we have seen a noticeable increase in new listings. We have also seen a noticeable increase in pending sales. This shows that demand is still very strong and as new listings come up, they are absorbed. The net result is that the number of homes for sale in the Long Beach Island real estate market has remained little changed over the past month or so! If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.