LBI Real Estate Sales Market Update May 10th 2019
- High Tides Digital Marketing
- May 10, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 10th 2019
Long Beach Island Real Estate
LBI NJ Real Estate Sales Market Update May 10th It was a day of mixed activity in the Long Beach Island real estate activity. There were a lot of closed sales and price reductions today. There were 2 new listings, 4 price reductions, 2 pending sales and 5 closings today. Below is a list of all activity in the LBI real estate market on Long Beach Island.
LBI Real Estate Sales Market Update May 10th 2019
Type | Chg Type | Street Number | Street Name | Municipality | Area | Current Price | Sq Ft Total | DOM |
APT | NEW | 16 | Harrington | Long Beach Twp | LBI | $1,300 | 12 | 0 |
SF | NEW | 1212 | Central | Surf City | LBI | $429,000 | 720 | 35 |
SF | BOM | 1 | Amherst | Long Beach Twp | LBI | $899,900 | 2,836 | 192 |
SF | DOWN | 232 | 27th | Ship Bottom | LBI | $774,000 | 1,020 | 35 |
SF | DOWN | 17 | 20th | Barnegat Light | LBI | $999,900 | 2,417 | 48 |
SF | DOWN | 2 | 34th | Long Beach Twp | LBI | $1,095,000 | 3,650 | 283 |
SF | DOWN | 71 | Cedars | Harvey Cedars | LBI | $1,774,900 | 3,200 | 77 |
CONDO | UP | 121 | 7th | Ship Bottom | LBI | $277,500 | 515 | 577 |
SF | K | 917 | Atlantic | Beach Haven Borough | LBI | $2,799,900 | 4,034 | 85 |
SF | P | 25 | Barnegat | Harvey Cedars | LBI | $1,797,000 | 2,850 | 113 |
CONDO | C | 21 | Pennsylvania | Long Beach Twp | LBI | $225,000 | 727 | 289 |
SF | C | 319 | 10th | Ship Bottom | LBI | $605,000 | 1,295 | 23 |
C | 5504 | Long Beach | Long Beach Twp | LBI | $630,000 | 1,878 | 59 | |
SF | C | 6309 C | Long Beach | Harvey Cedars | LBI | $915,000 | 1,700 | 107 |
SF | C | 124 | Colorado | Long Beach Twp | LBI | $2,500,000 | 2,859 | 138 |
APT | L | 217 | 10th | Surf City | LBI | $1,300 | 900 | 3 |
SF | X | 244 | 12th | Ship Bottom | LBI | $899,000 | 2,184 | 79 |
The average price of a closed sale in the LBI real estate market today was $975,000. When condos are removed from that statistic, the average price jumps to $1,162,500. This is a strong and rather stable number for a closed transaction on Long Beach Island. This number shows the strength and stability that the LBI real estate market has been experiencing. 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
