LBI Real Estate Sales Market Update May 23rd 2019
- High Tides Digital Marketing
- May 23, 2019
- 2 min read
Long Beach Island NJ (LBI NJ) Real Estate Market Update for May 23rd 2019
Long Beach Island Real Estate
LBI NJ Real Estate Sales Market Update May 23rd It was a day of price reductions in the market today. There were 2 new listings, 9 price reductions, 2 pending sales and 0 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 23rd 2019
Type | Chg Type | Street Number | Street Dir Prefix | Street Name | Municipality | Current Price | Sq Ft Total |
SF | NEW | 287 | W | 14th | Ship Bottom | $549,900 | 1,152 |
SF | NEW | 4601 | Long Beach | Long Beach Twp | $855,000 | 2,610 | 0 |
SF | DOWN | 1212 | Central | Surf City | $419,000 | 720 | 0 |
SF | DOWN | 356 | N | 5th | Surf City | $595,000 | 1,248 |
COM | DOWN | 110 | N | Bay | Beach Haven Borough | $599,000 | 1,800 |
COM | DOWN | 108 | N | Bay | Beach Haven Borough | $799,999 | 3,700 |
SF | DOWN | 1046 | Long Beach | Long Beach Twp | $879,000 | 2,505 | 0 |
MUL | DOWN | 1046 | Long Beach | Long Beach Twp | $879,000 | 2,505 | 0 |
SF | DOWN | 6 | Drexel | Surf City | $1,199,000 | 2,300 | 0 |
SF | DOWN | 10 | Drexel | Surf City | $1,199,000 | 2,300 | 0 |
COM | DOWN | 110 | N | Bay | Beach Haven Borough | $1,399,999 | 5,300 |
SF | UP | 202 | W | 17th | Ship Bottom | $700,000 | 936 |
SF | K | 1 | Amherst | Long Beach Twp | $899,900 | 2,836 | 205 |
CONDO | P | 508 | Engleside | Beach Haven Borough | $425,000 | 918 | 0 |
SF | W | 21 | W | Hobart | Long Beach Twp | $919,900 | 1,800 |
SF | W | 706 | S | Bay | Beach Haven Borough | $1,299,000 | 2,500 |
SF | X | 97 | E | 27th | Ship Bottom | $869,000 | 2,160 |
Of the 17 changes to the LBI real estate MLS today more than half were price changes. This is a little surprising as we normally do not see that level of concentration. When you add to that that 3 listings either expired or were withdrawn overall market activity was rather poor today on Long Beach Island. 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
