LBI Real Estate Sales Market Update May 21st 2019
- High Tides Digital Marketing
- May 21, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 21st 2019
Long Beach Island Real Estate
LBI NJ Real Estate Sales Market Update May 21st Things picked up quite a bit in the Long Beach Island real estate market today. There were 8 new listings, 4 price reductions, 1 pending sale and 1 closing 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 21st 2019
Type | Chg Type | Street Number | Street Name | Municipality | Current Price | Sq Ft Total | DOM |
CONDO | NEW | 508 | Engleside | Beach Haven Borough | $425,000 | 918 | 0 |
CONDO | NEW | 101 | West 9th Street, Unit 108 | Ship Bottom | $599,000 | 1,308 | 6 |
CONDO | NEW | 101 | West 9th Street, Unit 207 | Ship Bottom | $627,000 | 1,308 | 13 |
SF | NEW | 339 | West 14TH ST | Ship Bottom | $649,000 | 1,365 | 0 |
CONDO | NEW | 315 | Centre | Beach Haven Borough | $675,000 | 1,671 | 0 |
SF | NEW | 315 | Centre | Beach Haven Borough | $675,000 | 1,671 | 0 |
SF | NEW | 14 | Antioch Road | Long Beach Twp | $997,500 | 1,898 | 0 |
SF | NEW | 2401 | Central Avenue | Barnegat Light | $1,125,000 | 2,500 | 0 |
SF | DOWN | 1107 | Barnegat | Surf City | $587,000 | 1,122 | 98 |
SF | DOWN | 8 | 81st | Harvey Cedars | $594,500 | 1,020 | 99 |
CONDO | DOWN | 500 | Bay SE | Beach Haven Borough | $629,000 | 1,200 | 310 |
SF | DOWN | 11 | Lillie | Long Beach Twp | $829,900 | 1,729 | 74 |
SF | P | 4 | 20th | Barnegat Light | $829,000 | 1,008 | 101 |
CONDO | C | 1000 | Bay | Beach Haven Borough | $640,000 | 1,100 | 44 |
SF | X | 14 | Antioch Road | Long Beach Twp | $997,500 | 1,898 | 211 |
Of the 15 changes to the LBI real estate market today roughly half were new listings. The average price of these listings came in at $721,563, well below the average price of a home on LBI (right around $1,000,000-$1,100,000. This had to do with a high concentration of condominiums which typically trade at a lower number. 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
