LBI Real Estate Market Update March 8th 2019
- High Tides Digital Marketing
- Mar 8, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for March 8th 2019
Long Beach Island Real Estate
LBI Real Estate Market Update March 8th 2019 The LBI real estate market saw a lot of activity but much of it was repetitive action to the same listing. For example there was a side by side condo that was listed as a new listing three different ways. There were a total of 5 new listings to enter the market however 3 of these were the same listing. Therefore there were only 3 new individual listings. The average price of a new listing was $1,200,000. No homes went under contract however there were two closings today. One was an interval ownership property and the other a single family that traded for $869,000. Below is a list of all activity in the LBI real estate market on Long Beach Island.
LBI Real Estate Market Update March 8th 2019
Type | Chg Type | MLS# | S | Street Number | Street Name | Municipality | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM |
INOW | C | 4028337 | C | 12 | 78th Unit 2 | Harvey Cedars | $78,000 | 3 | 1 | 1 | 1,000 | 589 |
SF | C | 4058707 | C | 1 | Marshall | Long Beach Twp | $869,000 | 4 | 2 | 1 | 2,264 | 28 |
SF | DOWN | 4060163 | A | 1 | Seabreeze | Long Beach Twp | $899,900 | 5 | 3 | 1 | 2,371 | 42 |
CONDO | NEW | 4063082 | A | 901 | Ocean Ave | Ship Bottom | $689,000 | 2 | 2 | 0 | 1,081 | 0 |
SF | NEW | 4063069 | A | 1097 A | Long Beach | Long Beach Twp | $919,900 | 4 | 3 | 1 | 2,450 | 0 |
SF | NEW | 4063079 | A | 1097 A | Long Beach | Long Beach Twp | $959,900 | 4 | 3 | 1 | 2,450 | 0 |
SF | NEW | 4063110 | A | 6 | 22nd St. | Barnegat Light | $1,595,000 | 5 | 3 | 1 | 2,950 | 0 |
SF | NEW | 4063060 | A | 1097 A | Long Beach | Long Beach Twp | $1,859,900 | 8 | 6 | 2 | 4,900 | 0 |
SF | UP | 4060593 | A | 116 | Lillie | Long Beach Twp | $1,949,000 | 6 | 5 | 1 | 2,966 | 24 |
SF | V | 4058952 | V | 15 | Ocean (N 1st St) | Surf City | $3,995,000 | 6 | 4 | 1 | 3,696 | 48 |
LND | V | 4058990 | V | 15 | Ocean (N 1st St) Lot 4 | Surf City | $1,850,000 | 0 | 0 | 0 | 0 | 55 |
LND | V | 4058987 | V | 15 | Ocean (N 1st St) Lot 3 | Surf City | $2,250,000 | 0 | 0 | 0 | 0 | 55 |
MUL | X | 4053644 | X | 314 | 16th | Ship Bottom | $649,900 | 0 | 0 | 0 | 1,830 | 182 |
LBI Real Estate Market Update March 8th 2019: The market had another strong day overall. While there were no pending sales, new inventory came on or back on the market. One home, a new build on the oceanblock, saw a significant price increase which is an interesting move given the house has only been on the market 24 days. It helps to show that confidence in the market is still high. 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 | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
